Market Action Report
Ellis
County: Ellis
Agent Name
Market Action Report
County: Ellis
March 2016
March 2016
Title
Phone
Agent
Name
Website
TitleOther
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Website
Month
Other
$275,000
Market Profile & Trends Overview
Median
Price
all Current Listings
Price
Range: AllList
| Properties:
SFHof
- Con
LM
Trending versus*:
L3M PYM
LY
-1%
12%
$295,242 Trending
1% versus*:
-2%
Month
LM 6%
L3M 6%
PYM 21%
LY
$212,000
$275,000 -1%
12%
$224,168 2% 1% 17%
$295,242 1%
-2%
466 1%
17%
$212,000 6% 6% 21% 15%
213 55%
6%
$224,168 2% 1% 17% 10%
52
-10%
-2%
-29%
466 1%
17%
213$101
55% 0% 0%
6% 9%
$97
3%
1%
52 -10% -2% -29% 14%
-2%
$101 2.2
0% -35%
0% -27%
9% 10%
2%
$9796.8%
3% 1.7%
1% .5%
14% 1.0%
6%
Average List Price of all Current Listings
Market
Profile Sales
& Trends
March Median
Price Overview
Median List Price of all Current Listings
March Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
March Median Sales Price
March Number of Properties Sold
March Average Sales Price
March Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking
Price per
Square Foot
(based on New Listings)
March
Number
of Properties
Sold
MarchAverage
Sold Price
March
Daysper
on Square
Market Foot
(Solds)
MarchPrice
Month's
SupplyFoot
of Inventory
Asking
per Square
(based on New Listings)
MarchSold
SalePrice
Priceper
vsSquare
List Price
March
FootRatio
Trending versus*:
Prior YTD Prior Year
YTD
Trending versus*:
Prior YTD 13%
Prior Year 7%
15% YTD
$198,000
10%
$219,196
16%
8%
$198,000
$219,196
13%
7%
481
5%
16%
8%
53 -27%
-6%
481 $101
5%
$95
12%
53 -27%
0%
3.0
5% 2%
$101
-6%
$95 96.4%
12% 1% 4%
-2%
2%
6%
-6%
.2%
0%
2%
4%
27%
-0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
2.2 -35% -27% 10% -6%
3.0
5%
27%
96.8% 1.7% .5% 1.0% Number
.2%
1% Sold -0%
of96.4%
Properties
March Month's Supply of Inventory
March Sale Price vs List Price Ratio
3 Mo Avg
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
Property Sales
300
March Property sales were 213, up 6.5% from 200 in March of
2015 and 55.5% higher than the 137 sales last month. March
250
Property Sales
2016 sales were at their highest level compared to March of 300
March Property sales were 213, up 6.5% from 200 in March of
2015 and 2014. March YTD sales of 481 are running 5.3% ahead
2015 and 55.5% higher than the 137 sales last month. March
250 200
of last
year's
sales
of 457.
2016
sales
wereyear-to-date
at their highest
level
compared to March of
2015 and 2014. March YTD sales of 481 are running 5.3% ahead
of last year's year-to-date sales of 457.
Number of Properties Sold
3 Mo Avg
200 150
213
137
131
185
177
198
222
229
249
228
227
167
200
138
119
170
151
170
170
212
210
199
201
166
176
144
125
127
135
132
213
137
131
185
177
198
222
229
249
228
227
167
200
138
119
170
151
170
170
212
210
199
201
166
176
144
125
127
132
135
167
A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M
Median Sales Price and15Average Sales Price 16
13
14
3 Mo Avg
Prices
The Median Sales Price in March was $212,000, up 21.1% from
Prices
$175,000 in March of 2015 and up 6.0% from $200,000 last
240
The
Median
Sales
Price Sales
in March
was
21.1% from
month.
The
Average
Price
in$212,000,
March wasup$224,168,
up
$175,000 in March of 2015 and up 6.0% from $200,000 last
220
240
17.3% from $191,140 in March of 2015 and up 1.6% from
month. The Average Sales Price in March was $224,168, up
$220,558 last month. March 2016 ASP was at the highest level220 200
17.3% from $191,140 in March of 2015 and up 1.6% from
compared to March of 2015 and 2014.
$220,558 last month. March 2016 ASP was at the highest level
200 180
compared to March of 2015 and 2014.
167
196
188
168
186
A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M
13
14
15
16
196
0
188
0
168
50
186
50
175
100
175
150 100
Median Sales Price and Average Sales Price
3 Mo Avg
180 160
160 140
140 120
120 100
A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M
16
14 A M J J A S O N D J F M 15
A M 13J J A S O N D J F M
A M J J A S O N D J F M
13
14
15
16
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
6.0
5.0
4.0
466
463
420
3.0
441
432
466
458
463
456
441
432
456
4.0
420
506
458
460
456
456
430
506
428
460
399
430
413
428
418
399421
413455
421
418 508
5.0
546
508 583
613
455
581
546578
613
559
583
578
571
581
586
566
559
583
571
566
583 665
586 623
623641
641 695
665688
648
695
6.0
649
695
649
Total Inventory & Month's Supply of Inventory (MSI)
648
Inventory
& MSI of Properties available for sale as of March
The Total Inventory
800
The
of Properties
for sale
as of March
wasTotal
466,Inventory
up 0.6% from
463 lastavailable
month and
up 16.8%
from 399
was
466, upof0.6%
last month
and up 16.8%
399level800 700
in March
last from
year. 463
March
2016 Inventory
was from
at a mid
700
incompared
March of last
March
2016and
Inventory
withyear.
March
of 2015
2014. was at a mid level
600
compared with March of 2015 and 2014.
600
500
500
400
400
300
A comparatively lower MSI is more beneficial f