DFW ARCHIVED May 2016 | Page 20

Community Information | School District

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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
$ 266,750
2 %
22 %
Average List Price of all Current Listings
$ 327,994
2 %
27 %
May Median Sales Price
$ 231,000
17 %
15 %
25 %
29 %
$ 199,000
18 %
11 %
May Average Sales Price
$ 231,887
5 %
4 %
14 %
14 %
$ 218,599
15 %
8 %
Total Properties Currently for Sale ( Inventory )
458
4 %
0 %
May Number of Properties Sold
143
19 %
29 %
511
36 %
May Average Days on Market ( Solds )
63
-11%
-7%
-32% -24%
71
-20%
-14%
Asking Price per Square Foot ( based on New Listings )
$ 116
-2%
0 %
7 %
9 %
$ 115
11 %
8 %
May Sold Price per Square Foot
$ 104
3 %
2 %
13 %
11 %
$ 100
15 %
6 %
May Month ' s Supply of Inventory
3.2
-13% -14% -22% -30%
4.4
-22%
-5%
May Sale Price vs List Price Ratio
95.8 %
. 5 %
1.0 % 1.2 %
2.4 %
94.4 %
1 %
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
160
May Property sales were 143 , up 28.8 % from 111 in May of 2015
and 19.2 % higher than the 120 sales last month . May 2016 sales
140
were at their highest level compared to May of 2015 and 2014 .
May YTD sales of 511 are running 36.3 % ahead of last year ' s yearto-date
120
sales of 375 .
100
Prices The Median Sales Price in May was $ 231,000 , up 24.9 % from $ 185,000 in May of 2015 and up 16.7 % from $ 198,000 last 240 month . The Average Sales Price in May was $ 231,887 , up 13.7 % from $ 203,897 in May of 2015 and up 5.3 % from $ 220,280 last 220 month . May 2016 ASP was at the highest level compared to May 200 of 2015 and 2014 . 180
80 60 40 20 0
160 140 120 100
160 140 120 100 80 60 40 20 0
Number of Properties Sold
79 103 97 69 78 46 62 44 55 62 83 73 88 87 104 81 77 55 73 57 54 88 65 111 120 151 124 119 112 71 96 80 71 97 120 143
J 13
240 220 200 180 160 140 120
79
J
103 97 69 78 46
13
J
A
S
O N D
J
14
62 44
J A S O N D J
55 62 83 73 88 87 104 81
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
77
3 Mo Avg
3 Mo Avg
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 13
J
13
A
S
O N D
J 14
F
M14 A M J
J
A
S
O N D
J 15
F M
15 A M J
J
A
S
O N D
J 16
F M A16M
55 73 57 54 88 65
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
111 120 151 124 119 112 71 96 80 71 97 120 143
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of May was 458 , up 3.6 % from 442 last month and equal to 458 in May of last year . May 2016 Inventory was at its lowest 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 3.2 months was at its lowest level compared with May of 2015 and 2014 .
700 600 500 400 300 200 100
0
700
600
500
602
400
300
200
100
597
602
593
597
546
593
542
Total Inventory & Month ' s Supply of Inventory ( MSI )
506 546
474 542
462 506
496 474 462
533 582
496
587
609
533
582 599
587 567
609
507
599
444
567
404
507
332
339 444
368 404
332 394
339 421
368 458
394 436
440 421
439 458
425 436 439 440
404 439
368 425
386
439 412 404 421 368 442 386 458 412
0
0.0
J
J
AJ
SJ
OA NS DO JN FD
MJ
AF MJA JMA JS JO AN SD
OJ
NF DM
AJ
MF MJ
AJ AM SJ
OJ
NA DS JOFNM DA JM
F M A M
13
13
14
14
15
15
16
16
12.0
10.0
8.0
421
6.0
4.0
2.0
442
458
12.0 10.0 8.0 6.0 4.0 2.0 0.0
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