DFW ARCHIVED March 2016

Market Action Report March 2016 Dallas County: Dallas Agent Name Title Phone Website Other Community Information | School District Price Range: $1,000,000 and Up | 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 66, down 15.4% from 78 days last month and up 8.2% from 61 days in March of last year. The March 2016 DOM was at a mid level compared with March of 2015 and 2014. 3 Mo Avg 140 120 100 86 80 66 61 60 40 20 0 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 3 Mo Avg 3 Mo Avg 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 94.5% was up from 91.9% last month and down from 94.8% in March of last year. Avg Selling Price divided by Avg Listing Price for sold properties during the month 96% 94.8% 95% 94.5% 94% 93% 92.3% 92% 91% 90% 89% 88% 87% 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 Inventory / New Listings / Sales Inventory / New Listings / Sales 700 648 600 200 420 346 447 431 429 407 424 398 423 391 362 331 307 277 377 359 409 404 462 444 437 418 408 371 332 380 327 411 408 429 423 406 300 441 400 548 500 433 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 222, down 2.6% from 228 last month and up 56.3% from 142 in March of last year. 100 0 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 Copyright © Coldwell Banker | Price Range: $1,000,000 and Up | 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. c o l dw el l b a n k er h o m es.c o m | 11

DFW ARCHIVED March 2016 | Page 11