DFW ARCHIVED May 2016 | Page 12

Community Information | School District

Dallas

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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
$ 426,000
2 %
53 %
Average List Price of all Current Listings
$ 844,825
3 %
40 %
May Median Sales Price
$ 224,900
7 %
10 %
15 %
22 %
$ 200,000
10 %
8 %
May Average Sales Price
$ 342,956
9 %
10 %
10 %
17 %
$ 303,471
3 %
4 %
Total Properties Currently for Sale ( Inventory )
3,656
6 %
12 %
May Number of Properties Sold
2,183
1 %
2 %
9,477
9 %
May Average Days on Market ( Solds )
31
-6%
-14%
-3%
-18%
37
-12%
-3%
Asking Price per Square Foot ( based on New Listings )
$ 160
-1%
1 %
12 %
15 %
$ 158
12 %
14 %
May Sold Price per Square Foot
$ 146
6 %
6 %
11 %
16 %
$ 134
6 %
6 %
May Month ' s Supply of Inventory
1.7
5 %
4 %
10 %
-8%
1.8
0 %
0 %
May Sale Price vs List Price Ratio
98.6 %
. 3 %
. 6 %
. 2 %
1.5 %
97.7 %
0 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher ( up ), lower ( down ) or unchanged ( flat )
3 Mo Avg
Property Sales May Property sales were 2,183 , up 1.7 % from 2,146 in May of 2015 and 0.5 % higher than the 2,172 sales last month . May 2016 sales were at their highest level compared to May of 2015 and 2014 . May YTD sales of 9,477 are running 9.1 % ahead of last year ' s year-to-date sales of 8,686 .
2,500
2,5002,000
2,0001,500
1,5001,000
Number of Properties Sold
3 Mo Avg
Prices The Median Sales Price in May was $ 224,900 , up 15.0 % from $ 195,650 in May of 2015 and up 7.4 % from $ 209,350 last month . The Average Sales Price in May was $ 342,956 , up 9.7 % from $ 312,728 in May of 2015 and up 8.7 % from $ 315,583 last month . May 2016 ASP was at the highest level compared to May of 2015 and 2014 .
1,000
500
0
500
350
2,198 2,253 2,187 1,777 1,762 1,481 1,639 1,203 1,444 1,768 1,959 2,151 2,247 2,139 2,042 1,841 1,868 1,453 1,740 1,151 1,476 1,944 1,969 2,146 2,270 2,342 2,188 1,982 1,899 1,537 2,038 1,353 1,645 2,124 2,172 2,183
J 13
350 300
300 250
250 200
200 150
0
2,198
J
2,253 2,187 1,777 1,762 1,481
13
J
A
S O N D
J
14
1,639 1,203
J A S O N D J
1,444 1,768 1,959 2,151 2,247 2,139 2,042
14
F M A M J
J
A
S O N D
J
15
15
F M A M J
J
A
S O N D
J
16
Median Sales Price and Average Sales Price
1,841
3 Mo Avg
150
100
100
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 A M
J
J
13
A
S
O N D
J
F
M14 A M J
J
A
S
O N D
J
F M
15 A M J
J
A
S
O N D
J
F M A16M
13
14
15
16
1,868 1,453 1,740 1,151 1,476 1,944 1,969
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 A M
16
F M A M
2,146 2,270 2,342 2,188 1,982 1,899 1,537 2,038 1,353 1,645 2,124 2,172 2,183
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of May was 3,656 , up 5.7 % from 3,460 last month and up 11.8 % from 3,270 in May of last year . May 2016 Inventory was at a mid level compared with May of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The May 2016 MSI of 1.7 months was at a mid level compared with May of 2015 and 2014 .
6,000 6,000
5,000 5,000
4,000 4,000
3,000 3,000
2,000 2,000
1,000 1,000 0
Total Inventory & Month ' s Supply of Inventory ( MSI )
4,981 5,097 5,165 5,074 5,020 4,791 4,197 4,185 4,139
J
13
4,981 5,097 5,165 5,074 5,020 4,791 4,197 4,185 4,139 4,100 4,286
4,100 4,286 4,559 4,606
4,559 4,606 4,724 4,787 4,381
4,724 4,787
4,381 3,962
3,524 2,898
2,932 3,962
2,883 3,524
2,846 2,898
3,079 2,932
2,883 3,270
2,846 3,514
3,079 3,800
3,270 3,863
3,514 3,800 3,863 3,861 3,792 3,589
3,861 3,792 3,589 3,051 3,136 3,182 3,341 3,051 3,460 3,136
3,656 3,182
0 J AJ
SJ OA NS DO JN FD MJ
AF MJ AJMA JS JO AN SD OJ
NF MD AJ MF MJ JA AM SJ OJ NA DS JOFNM DA JM
13
14 14
15 15
16 16
4.0 3.5 3.0 2.5 2.0
3,341
1.5
3,460
3,656
1.0 0.5 0.0
F M A M
4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0
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