DFW ARCHIVED March 2016 | Page 19

Market Action Report

County: Henderson

March 2016

Henderson
Agent Name
Title
Phone
Website
Other

Community Information | School District
Price Range: All | Properties: SFH - Con

Days On Market for Sold Properties
Market Time

The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for March was 104, down 35.4% from
161 days last month and down 3.7% from 108 days in March of
last year. The March 2016 DOM was at its lowest level compared
with March of 2015 and 2014.

3 Mo Avg

200
180
160

133

140

108

120

104

100
80
60
40
20
0
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Selling Price per Square Foot

Selling Price per Square Foot

The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
more normalized indicator on the direction of Property values.
The March 2016 Selling Price per Square Foot of $108 was up
13.9% from $95 last month and up 32.9% from 81 in March of
last year.

150
140
130
120
110
100
90
80
70
60
50

3 Mo Avg

108

81

79

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Selling Price versus Listing Price Ratio

Selling Price vs Original Listings Price

The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The March 2016 Selling Price vs Original
List Price of 92.0% was up from 91.0% last month and up from
89.6% in March of last year.

3 Mo Avg

Avg Selling Price divided by Avg Listing Price for sold properties during the month

94%

92.0%

92%

89.6%

90%

88.3%

88%
86%
84%
82%
80%
78%
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Inventory / New Listings / Sales

Inventory / New Listings / Sales

800

599

536

499

508

492

513

498

479

502

494

457

435

386

352

440

673

200

330

300

396

545

491

664

605

652

603

658

651

631

576

548

535

549

484

400

611

500

640

600

616

700
601

This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
relationship between these items. The number of New Listings
in March 2016 was 179, up 14.0% from 157 last month and up
31.6% from 136 in March of last year.

100
0
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Copyright © Coldwell Banker | Price Range: All | Property Types: SFH - Con
Data is provided courtesy of North Texas Real Estate Information Systems, Inc., Greater Tyler Association of REALTORS and may not reflect all relevant real estate activity. Coldwell Banker
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.

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