DFW ARCHIVED March 2016 | Page 25
Market Action Report
County: Johnson
March 2016
Johnson
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 55, up 1.9% from 54
days last month and down 8.3% from 60 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
90
80
71
70
60
60
55
50
40
30
20
10
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
100
direction of Property values. Since Median Sales Price and
95
Average Sales price can be impacted by the 'mix' of high or low
90
end Properties in the market, the selling price per square foot is a
85
more normalized indicator on the direction of Property values.
The March 2016 Selling Price per Square Foot of $88 was up
80
1.4% from $87 last month and up 8.5% from 81 in March of last
75
year.
70
65
60
55
50
3 Mo Avg
88
81
70
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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 95.0% was down from 95.7% last month and down
from 95.7% in March of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
99%
98%
97%
96%
95%
94%
93%
92%
91%
90%
89%
95.7%
95.0%
93.9%
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
800
369
369
417
395
417
405
372
417
468
401
386
381
378
369
382
358
353
300
410
572
591
565
665
658
683
671
637
581
565
555
565
556
519
400
572
500
677
600
660
700
655
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 258, up 20.0% from 215 last month and up
33.0% from 194 in March of last year.
200
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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