DFW ARCHIVED March 2017 | Page 24

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

County : Johnson

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
$ 265,193
-1%
33 %
Average List Price of all Current Listings
$ 316,238
2 %
24 %
March Median Sales Price
$ 188,000
7 %
10 %
14 %
11 %
$ 174,500
13 %
3 %
March Average Sales Price
$ 190,898
-1%
1 %
6 %
1 %
$ 190,262
7 %
1 %
Total Properties Currently for Sale ( Inventory )
438
6 %
31 %
March Number of Properties Sold
203
29 %
-2%
487
0 %
March Average Days on Market ( Solds )
45
7 %
5 %
-20%
10 %
45
-20%
10 %
Asking Price per Square Foot ( based on New Listings )
$ 103
-1%
2 %
8 %
5 %
$ 103
11 %
5 %
March Sold Price per Square Foot
$ 94
-1%
0 %
7 %
1 %
$ 94
8 %
1 %
March Month ' s Supply of Inventory
2.2 -18% -19% 33 %
11 %
2.7
16 %
37 %
March Sale Price vs List Price Ratio
96.8 %
-. 3 %
. 3 %
1.8 %
. 1 %
96.6 %
1 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
300
March Property sales were 203 , down 1.9 % from 207 in March
of 2016 and 29.3 % higher than the 157 sales last month . March
Property
2017 sales Sales were at a mid level compared to March of 2016 and
300
250
March
2015 . Property March YTD sales sales were of 203 487 , down are running 1.9 % from 0.4207 % ahead in March of last of year 2016 ' s year-to-date and 29.3 % higher sales than of 485 the . 157 sales last month . March
250
2017 sales were at a mid level compared to March of 2016 and
200
2015 . March YTD sales of 487 are running 0.4 % ahead of last year ' s year-to-date sales of 485 .
200
150
150
100

Johnson

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in March was $ 188,000 , up 13.9 % from
Prices $ 165,000 in March of 2016 and up 7.5 % from $ 174,900 last The month Median . The Sales Average Price Sales in March Price was in $ March 188,000 was , up $ 190,898 13.9 % from , up $ 5.7 165,000 % from in $ March 180,653 of 2016 in March and up of 7.5 2016 % from and down $ 174,900 1.4 % last from 240 month $ 193,575 . The last Average month Sales . March Price 2017 in March ASP was $ at 190,898 the highest , up level 5.7 compared % from $ 180,653 to March in of March 2016 of and 2016 2015 and . down 1.4 % from 220 $ 193,575 last month . March 2017 ASP was at the highest level 200 compared to March of 2016 and 2015 .
180
Inventory & MSI
Inventory The Total Inventory & MSI of Properties available for sale as of March The was Total 438 , Inventory up 5.8 % from of Properties 414 last available month and for up sale 30.7 as of % March from 335 was in March 438 , up of 5.8 last % from year . 414 March last month 2017 Inventory and up 30.7 was % from at its 335 highest 700 in level March compared of last year with . March 2017 of 2016 Inventory and 2015 was . at its highest 600 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 a mid for level buyers compared . The March with 2017 March MSI of of 2016 2.2 and months was at a mid level compared with March of 2016 and
100
2015 . 2015 .
0
100
50
0
160 140 120 100
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
14
15
16
17
A
M J
14
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
3 Mo Avg
240
Median Sales Price and Average Sales Price
178 203 202 196 217 170 153 133 165 108 130 172 169 204 209 222 210 194 186 135 167 117 161 207 202 226 241 234 243 221 189 183 165 127 157 203
220 200 180 160 140 120
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
A
M J
J
A S O N D
J
15
F M A M J
J
A S O N D
J
16
F M A M J
J
A S O N D
J
F M
17
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
700
Total Inventory & Month ' s Supply of Inventory ( MSI )
600 500 400
565
300 200 100
0
581 178 565 591
203 581 565
202 591 572
196 565 519
217 572 467
170 519
409 352
153 467
133
A M
14 J J A S O N D J
14
15
165 108 130 172 169 204 209 222 210 194
381 409
357 352
377 381
368 357
384 377
379 368 414
384 397 366
379
394 414
400 397
399 366
373 394
341 400
335 399
3 Mo Avg
360 373
331 341
346 335
367 360
331 404 376
346 409 367 409
404
401 376
408
409 414
409 438 401
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 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 16
17
186 135 167 117 161 207 202 226 241 234 243 221 189 183 165
4.0 3.5 3.0 2.5
408
2.0 1.5 1.0 0.5 0.0
127
414 157
438 203
4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0
24 | 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 .