Market Action Report
March 2016
Tarrant
County: Tarrant
Agent Name
Title
Phone
Website
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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 76, down 45.3% from
139 days last month and down 55.0% from 169 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
169
180
160
140
120
100
88
76
80
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 92.3% was down from 96.0% last month
and up from 91.2% in March of last year.
Avg Selling Price divided by Avg Listing Price for sold properties during the month
98%
95.5%
96%
94%
92.3%
91.2%
92%
90%
88%