DFW ARCHIVED March 2017 | Page 20

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

County : Hood

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
$ 265,000
6 %
6 %
Average List Price of all Current Listings
$ 323,457
9 %
15 %
March Median Sales Price
$ 229,000
17 %
4 %
28 %
14 %
$ 217,500
24 %
8 %
March Average Sales Price
$ 253,127
5 %
3 %
13 %
13 %
$ 240,892
15 %
7 %
Total Properties Currently for Sale ( Inventory )
358
12 %
-5%
March Number of Properties Sold
133
66 %
37 %
297
19 %
March Average Days on Market ( Solds )
65 -14% -8%
-7%
-7%
70
-7%
0 %
Asking Price per Square Foot ( based on New Listings )
$ 130
7 %
8 %
18 %
17 %
$ 122
10 %
10 %
March Sold Price per Square Foot
$ 111
5 %
2 %
9 %
7 %
$ 108
11 %
4 %
March Month ' s Supply of Inventory
2.7 -33% -23% -31% -21%
3.5
-24%
3 %
March Sale Price vs List Price Ratio
95.7 %
2.9 %
. 9 %
2.2 % 1.1 %
95.1 %
2 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
83 73 88 87 104 81 77 55 73 57 54 88 65 111 120 151 124 119 112 71 96 81 71 97 120 146 135 120 142 117 110 102 95 84 80 133
580

Hood

585 83 580 607
73 585
597 565
Agent Name
88 607
Title Phone Website Other

Community Information | School District

87 597 505
104 565 442
81 505 402
77 55 73 57 54
Number of Properties Sold
Property Sales
160
March Property sales were 133 , up 37.1 % from 97 in March of
2016 and 66.3 % higher than the 80 sales last month . March
140
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at their highest level compared to March of 2016
160
March and 2015 Property . March sales YTD were sales 133 , of up 297 37.1 are % from running 97 in 19.3 March % ahead of of
120
2016 last and year 66.3 ' s year-to-date % higher than sales the of 80249 sales . last month . March 2017 sales were at their highest level compared to March of 2016 and 2015 . March YTD sales of 297 are running 19.3 % ahead of last year ' s year-to-date sales of 249 .
140
120
100
100
80
60
80
40
60
20
40
0
20
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 $ 229,000 , up 27.9 % from
Prices
$ 179,000 in March of 2016 and up 17.1 % from $ 195,500 last
The month Median . The Sales Average Price Sales in March Price was in $ March 229,000 was , up $ 253,127 27.9 % from , up
300
$
13.2 179,000 % from in March $ 223,677 of 2016 in March and up of 17.1 2016 % from and $ up 195,500 5.5 % from last month . The Average Sales Price in March $ 253,127 , up
280
$ 239,970 last month . March 2017 ASP was at the highest level
13.2 compared % from $ to 223,677 March in of March 2016 and of 2016 2015 and . up 5.5 % from
260
$ 239,970 last month . March 2017 ASP was at the highest level
240
A
M J
14
300
280
260
240
220
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 .
220
200
180
160
140
120
100
180
160
140
120
100
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 358 , Inventory up 11.5 % of from Properties 321 last available month and for sale down as 5.3 of % March from 378 was in March 358 , up of 11.5 last % year from . 321 March last 2017 month Inventory and down was 5.3 % at from its lowest 378
700 in level March compared of last year with . March 2017 of 2016 Inventory and 2015 was . at its lowest
600 level compared with March of 2016 and 2015 .
500
700
600
500
400
Total Inventory & Month ' s Supply of Inventory ( MSI )
9.0
8.0
7.0
6.0
9.0
8.0
7.0
6.0
5.0
400
300
5.0
4.0
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 2.7 a
200 higher months MSI was is better at its lowest for buyers level . The compared March 2017 with March MSI of 2.7 of 2016 and months was at its lowest level compared with March of 2016 and
100
2015 .
2015 .
0
4.0
200
3.0
100
2.0
0
1.0
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
3.0
2.0
1.0
0.0
88 65 111 120 151 124 119 112 71
330 442 337
402
366 330 392 337 419 366 455 392 430
419 432
455
430 413
430
427 432
389 430
354 413
361 427
380 389
378 354 96 81 71 97 120 146 135 120 142 117 110 102
392 361
382 380
371 378
370 392
366 382 351 371
351 370
332 366
309 351
315 351
321
332 358 309
95 315
3 Mo Avg
84
321 80
358 133
20 | 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 .