DFW ARCHIVED May 2016 | Page 27

Market Action Report

County: Kaufman

May 2016

Kaufman
Agent Name
Title
Phone
Website
Other

Community Information | School District
Price Range: All | Properties: SFH - Con

Days On Market for Sold Properties
Market Time

The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for May was 38, down 5.0% from 40
days last month and down 11.6% from 43 days in May of last
year. The May 2016 DOM was at its lowest level compared with
May of 2015 and 2014.

3 Mo Avg

120
100
80
62

60
43

38

40
20
0

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Selling Price per Square Foot

Selling Price per Square Foot

The Selling Price per Square Foot is a great indicator for the
100
direction of Property values. Since Median Sales Price and
95
Average Sales price can be impacted by the 'mix' of high or low
90
end Properties in the market, the selling price per square foot is a
85
more normalized indicator on the direction of Property values.
The May 2016 Selling Price per Square Foot of $95 was up 6.9%
80
from $89 last month and up 14.6% from 83 in May of last year.
75
70
65
60
55
50

3 Mo Avg
95

83
77

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Selling Price versus Listing Price Ratio

Selling Price vs Original Listings Price

The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The May 2016 Selling Price vs Original List
Price of 97.8% was up from 97.6% last month and up from 97.0%
in May of last year.

3 Mo Avg

Avg Selling Price divided by Avg Listing Price for sold properties during the month

99%
98%
97%
96%
95%
94%
93%
92%
91%
90%
89%

97.8%
97.0%

96.4%

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Inventory / New Listings / Sales

Inventory / New Listings / Sales

359

326

333

330

321

303

315

304

340

327

340

338

340

321

292

292

284

200

278

345

321

441

463

452

488

470

449

464

447

560

543

559

388

300

453

400

567

500

554

600
551

This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
relationship between these items. The number of New Listings
in May 2016 was 271, up 20.4% from 225 last month and up
16.8% from 232 in May of last year.

100
0
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Copyright © Coldwell Banker | 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
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.

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