DFW ARCHIVED March 2017 | Page 12

Market Action Report March 2017
Community Information | School District
Market Action Report March 2017

County : Dallas

Price Range : All | Properties : SFH - Con
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 425,000
7 %
18 %
Average List Price of all Current Listings
$ 830,541
4 %
16 %
March Median Sales Price
$ 225,000
2 %
5 %
15 %
10 %
$ 216,000
17 %
5 %
March Average Sales Price
$ 347,522
6 %
8 %
14 %
12 %
$ 326,222
16 %
5 %
Total Properties Currently for Sale ( Inventory )
4,123
13 %
30 %
March Number of Properties Sold
2,074
38 %
-3%
4,912
-5%
March Average Days on Market ( Solds )
35 -13% -8%
-8%
0 %
37
-10%
6 %
Asking Price per Square Foot ( based on New Listings )
$ 170
-1%
2 %
10 %
10 %
$ 170
10 %
10 %
March Sold Price per Square Foot
$ 149
5 %
6 %
11 %
9 %
$ 143
12 %
4 %
March Month ' s Supply of Inventory
2.0 -18% -15% 34 %
12 %
2.3
26 %
32 %
March Sale Price vs List Price Ratio
97.8 %
. 7 %
. 6 %
. 2 %
. 1 %
97.4 %
0 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
2,500 March Property sales were 2,074 , down 3.0 % from 2,138 in March of 2016 and 38.2 % higher than the 1,501 sales last Property month . March Sales2017 sales were at a mid level compared to 2,000
2,500 March Property of 2016 sales and 2015 were . 2,074 March , down YTD 3.0 sales % from of 4,912 2,138 are in running
March 4.5 % behind of 2016 last and year 38.2 '% s year-to-date higher than the sales 1,501 of 5,146 sales last . month . March 2017 sales were at a mid level compared to 2,0001,500 March of 2016 and 2015 . March YTD sales of 4,912 are running 4.5 % behind last year ' s year-to-date sales of 5,146 . 1,5001,000
1,000

Dallas

500
Number of Properties Sold
500 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
0 14 15
16 17
Prices
A M J J A S O N DMedian J F M A Sales M J J Price A S O and N D Average J F M A MSales J J A Price S O N D J F M 14
15 16
17 3 Mo Avg The Median Sales Price in March was $ 225,000 , up 15.2 % from
350
Prices $ 195,309 in March of 2016 and up 2.3 % from $ 220,000 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in March Price was in $ March 225,000 was , up $ 347,522 15.2 % from , up
330
350 $ 14.3 195,309 % from in March $ 304,153 of 2016 in March and up of 2.3 2016 % from and $ up 220,000 5.9 % from last 310 month . The Average Sales Price in March $ 347,522 , up
330
$ 328,142 last month . March 2017 ASP was at the highest level 290 14.3 compared % from $ to 304,153 March in of March 2016 and of 2016 2015 and . up 5.9 % from 310 270 $ 328,142 last month . March 2017 ASP was at the highest level 290 250 compared to March of 2016 and 2015 .
270 230
250 210
230 190
210 170
190 150
170 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
150 14
15 16
17
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 14
15 16
17
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of March Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 4,123 Inventory , up 12.7 % of from Properties 3,658 available last month for sale and as up of 29.9 March % from 6,000
3.0 was 3,174 4,123 in , March up 12.7 of % last from year 3,658 . March last month 2017 and Inventory up 29.9 was % from at its 6,000 5,000
3.0 2.5
3,174 highest in March level compared of last year with . March March 2017 of Inventory 2016 and was 2015 at . its 5,000 2.5 highest level compared with March of 2016 and 2015 . 4,000
2.0
4,000 2.0
3,000 1.5
3,000 1.5
A comparatively lower MSI is more beneficial for sellers while a 2,000 1.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial March for 2017 sellers MSI while of 2.0 a 2,000 1.0
1,000 0.5 higher months MSI was is better at its highest for buyers level . The compared March 2017 with MSI March of 2.0 of 2016 1,000 0.5 months and 2015 was . at its highest level compared with March of 2016 0
0.0 and 2015 .
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 0.0 J F M
M
14 J
F M 15
A M J
F M 16 A M J
F M 17
1,959 2,151 2,248 2,139 2,042 1,841 1,868 1,453 1,740 1,151 1,476 1,944 1,969 2,146 2,271 2,343 2,188 1,983 1,899 1,539 2,040 1,357 1,651 2,138 2,195 2,247 2,271 2,037 2,266 2,071 1,848 1,830 1,889 1,337 1,501 2,074
4,286 4,559 4,606 4,724 4,786
4,378 3,959
3,520 2,895 2,929
A
14
1,959 2,151
Agent Name
Title Phone Website Other

Community Information | School District

2,248 2,139 2,042 1,841
4,286 4,559 4,606 4,724 4,786
4,378
1,868 1,453
J A S O N D J 15
1,740
3,959 3,520
2,895
1,151 1,476
2,878 2,839 3,072 3,262 3,499
Number of Properties Sold
1,944 1,969
2,929 2,878 2,839 3,072 3,262 2,146 2,271 2,343 2,188 1,983 1,899
3,499 3,777 3,835 3,814 3,736 3,532
3,777 3,835 3,814 3,736 3,532 2,994 3,041 3,066 3,174
J A S O N D J
16
1,539 2,040 1,357
2,994 3,041 3,066
1,651
3,174 2,138 2,195
3,231 3,303
3,231 3,303 3,605 3,754 3,684
2,247 2,271 2,037 2,266
3,932 3,923 3,742 3,266 3,504 3,658
4,123
J A S O N D J 17
3 Mo Avg
2,071 1,848
3,605 3,754 3,684 3,932 3,923 3,742
1,830 1,889
3,266 3,504
3 Mo Avg
1,337 1,501
3,658 4,123
2,074
12 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Brokerage | 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 Residential Brokerage 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 .