DFW ARCHIVED March 2017 | Page 16

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

County : Ellis

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
$ 315,588
-0%
15 %
Average List Price of all Current Listings
$ 334,516
2 %
18 %
March Median Sales Price
$ 235,000
11 %
5 %
12 %
9 %
$ 225,000
14 %
5 %
March Average Sales Price
$ 246,012
3 %
2 %
10 %
6 %
$ 241,630
10 %
4 %
Total Properties Currently for Sale ( Inventory )
463
8 %
7 %
March Number of Properties Sold
210
26 %
-2%
520
7 %
March Average Days on Market ( Solds )
55
-4%
0 %
2 %
15 %
57
6 %
19 %
Asking Price per Square Foot ( based on New Listings )
$ 112
2 %
1 %
13 %
7 %
$ 112
12 %
7 %
March Sold Price per Square Foot
$ 107
5 %
2 %
10 %
7 %
$ 105
11 %
5 %
March Month ' s Supply of Inventory
2.2 -14% -13%
9 %
1 %
2.5
-10%
16 %
March Sale Price vs List Price Ratio
96.3 %
. 2 %
-. 5 % -. 5 % -1.0%
96.5 %
0 %
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
166 201 199 210 212 170 170 151 170 119 138 200 167 227 228 249 229 223 198 178 185 132 140 215 219 234 286 242 253 250 189 205 200 143 167 210
559 581
166 559 578

Ellis

201 581
583 613
Agent Name
199 578
Title Phone Website Other

Community Information | School District

210 583 546
212 613 508
170 170 151 170 119 138
Number of Properties Sold
Property Sales
350
March Property sales were 210 , down 2.3 % from 215 in March of
2016 and 25.7 % higher than the 167 sales last month . March
300
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at a mid level compared to March of 2016 and
350
March
2015 . Property March YTD sales sales were of 210 520 , down are running 2.3 % from 6.8215 % ahead in March of last of
250
2016 year and ' s year-to-date 25.7 % higher sales than of the 487 167 . sales last month . March
2017 sales were at a mid level compared to March of 2016 and
2015 . March YTD sales of 520 are running 6.8 % ahead of last year ' s year-to-date sales of 487 .
300
250
200
150
200
100
150
50
100
50
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
The Median Sales Price in March was $ 235,000 , up 11.9 % from
Prices
$ 210,000 in March of 2016 and up 10.6 % from $ 212,500 last
The month Median . The Sales Average Price Sales in March Price was in $ March 235,000 was , up $ 246,012 11.9 % from , up
250
$
10.4 210,000 % from in March $ 222,862 of 2016 in March and up of 10.6 2016 % from and up $ 212,500 2.6 % from last month . The Average Sales Price in March $ 246,012 , up
240
$ 239,768 last month . March 2017 ASP was at the highest level
10.4 compared % from $ to 222,862 March in of March 2016 and of 2016 2015 and . up 2.6 % from
230
$ 239,768 last month . March 2017 ASP was at the highest level
220
A
M J
14
250
240
230
220
210
200
J
A S O N D
Median
J
F M A MSales J J APrice S O Nand D JAverage
F M A M Sales J
J
A Price S O N D
J
F M
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
compared to March of 2016 and 2015 .
210
200
190
180
170
160
150
190
180
170
160
150
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
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
Inventory & MSI
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of March
The was Total 463 , Inventory up 8.2 % from of Properties 428 last available month and for sale up 6.9 as % of from March 433 in was
March 463 , of up last 8.2 year % from . March 428 last 2017 month Inventory and up was 6.9 % at from its highest 433 in
700
700
600
Total Inventory & Month ' s Supply of Inventory ( MSI )
4.0
4.0
3.5
March level compared of last year with . March March 2017 of Inventory 2016 and was 2015 at . its highest
600
500
3.5
3.0
level compared with March of 2016 and 2015 .
500
400
A comparatively lower MSI is more beneficial for sellers while
300 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial March for 2017 sellers MSI while of 2.2 a
200 higher months MSI was is better at its highest for buyers level . The compared March 2017 with MSI March of 2.2 of 2016 months was at its highest level compared with March of 2016
100 and 2015 . and 2015 .
0
3.0
400
2.5
300
2.0
200
1.5
100
1.0
0.5
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
A
M
14 J
J
A S O N D J
F M
15 A M J
J
A S O N D J
F M
16 A M J
J
A S O N D J
F M
17
14
15
16
17
2.5
2.0
1.5
1.0
0.5
0.0
200 167 227 228 249 229 223 198
455 546
421 508 418 455
413 421
399
418 428
413
429 399 458 428 500 429 450 449
458
449 500
418 450
408 449
422 449
449 418
433 408
427 422
426 449
449 433
467 427
490 426 473
449 468
467 437
490 409
473 407
468 428
437 463 409
178 185 132 140 215 219 234 286 242 253 250 189 205 200 407
3 Mo Avg
143
428 167
463 210
16 | 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 .