DFW ARCHIVED March 2017 | Page 8

Market Action Report March 2017
Phone Community Information | School District

County : Cherokee

Price Range : All | Properties : SFH - Con

Cherokee

Agent Name
Market Action Report March 2017

Phone Community Information | School District

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
$ 215,000
3 %
46 %
Average List Price of all Current Listings
$ 287,569
2 %
0 %
March Median Sales Price
$ 146,000
33 %
15 % -17%
13 %
$ 146,375
9 %
13 %
March Average Sales Price
$ 178,358
21 %
5 %
-4%
7 %
$ 181,772
16 %
9 %
Total Properties Currently for Sale ( Inventory )
201
13 %
28 %
March Number of Properties Sold
19
0 %
-14%
52
0 %
March Average Days on Market ( Solds )
91 -29% -3% -12%
-7%
111
13 %
13 %
Asking Price per Square Foot ( based on New Listings )
$ 105
-22% -8%
18 %
11 %
$ 112
26 %
18 %
March Sold Price per Square Foot
$ 81
15 %
4 %
-8%
2 %
$ 80
-5%
0 %
March Month ' s Supply of Inventory
10.6
13 %
-0%
48 %
37 %
10.6
12 %
37 %
March Sale Price vs List Price Ratio
88.0 %
. 7 % -1.5% -3.6% -2.2%
88.3 %
-2%
-2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Title
Website Other
Number of Properties Sold
Property Sales
40
March Property sales were 19 , down 13.6 % from 22 in March of
2016 and the same as the 19 sales last month . March 2017 sales
35
Number of Properties Sold
3 Mo Avg
Property were at their Sales lowest level compared to March of 2016 and
201540
.
March Property YTD sales sales of were 52 are 19 , running down 13.6 equal % from to last 22 in year March ' s year-todate of
30
and sales the of same 52 . as the 19 sales last month . March 2017 sales
2016
35
25
were at their lowest level compared to March of 2016 and 2015 .
March YTD sales of 52 are running equal to last year ' s year-todate
30
20
sales of 52 .
25
15
20
10
15
5
10
0
5
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
The Median Sales Price in March was $ 146,000 , down 17.4 %
14
350
Prices from $ 176,750 in March of 2016 and up 32.7 % from $ 110,000
The last Median month Sales . The Price Average in March Sales was Price $ 146,000 in March , down was $ 17.4 178,358 % ,
350
300 from down $ 176,750 4.5 % from in March $ 186,680 of 2016 in March and up of 32.7 2016 % from and $ up 110,000 21.3 % from
J
A S O N D
JMedian
F M A MSales J
J APrice S O Nand D
J Average
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
last
$ 146,979 month . last The month Average . March Sales Price 2017 in ASP March was was at a $ mid 178,358 range , down compared 4.5 % from to March $ 186,680 of 2016 in March and 2015 of 2016 . and up 21.3 % from
300
250
$ 146,979 last month . March 2017 ASP was at a mid range
250
200
compared to March of 2016 and 2015 .
200
150
20 31 32 15 11 20 20 21 15 15 11 24 24 32 14 29
20 31 32 15 11 20 20 21 15 15 11 24 24 32 14 29 14 24 13 18 15 15 15 22 23 31 19 22 28 34 24 19 23 14 19 19
14 24 13 18 15 15 15 22 23 31 19 22 28 34 24 19 23
3 Mo Avg
14 19 19
150 100 50
Inventory & MSI
Inventory The Total Inventory & MSI of Properties available for sale as of March The was Total 201 , Inventory up 12.9 % of from Properties 178 last available month and for sale up 28.0 as of % March from 157 was in March 201 , up of 12.9 last % year from . 178 March last 2017 month Inventory and up 28.0 was % at from its highest 157 250 in level March compared of last year with . March 2017 of 2016 Inventory and 2015 was . at its highest
200 level compared with March of 2016 and 2015 .
150
A comparatively lower MSI is more beneficial for sellers while 100 a A higher comparatively MSI is better lower MSI for buyers is more . The beneficial March for 2017 sellers MSI while of 10.6 a
higher months MSI was is better at its highest for buyers level . The compared March 2017 with MSI March of 10.6 of 2016 50 months and 2015 was . at its highest level compared with March of 2016 and 2015 .
0
100
50
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 )
250
Total Inventory & Month ' s Supply of Inventory ( MSI )
200 150
172
100 50
185
189 172
185 185
0 A
A M
14 J
14
180 189
158 185
158 180
155 158
147 158 157 155
154 147
148 157
138 154
147
148 151 138 165 147 177 151
181
179 165
176 177
153 181
159 179
159 176
157 153
161 159
170 159
176 157
181 161 165
170 173 176
167 181
167 165 179
173 167
167
178 167 201 179
M J J A S O N D J
15
J A S O N D J F M A M J F M
15 A M J
J A S O N D J F M A M J
F M 16 A M J
J A S O N D J 16
J A S O N D J 17
18.0 16.0 14.0 12.0
167
178
10.0 8.0 6.0 4.0 2.0 0.0
201
J A S O N D J F M F M
17
18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
8 | 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 .