DFW ARCHIVED May 2017 | Page 14

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

County : Denton

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
$ 419,998
-4%
5 %
Average List Price of all Current Listings
$ 508,596
-3%
5 %
May Median Sales Price
$ 306,000
4 %
4 %
9 %
12 %
$ 292,500
10 %
7 %
May Average Sales Price
$ 355,977
7 %
5 %
10 %
12 %
$ 337,062
8 %
6 %
Total Properties Currently for Sale ( Inventory )
2,838
16 %
39 %
May Number of Properties Sold
1,364
13 %
-2%
5,387
-0%
May Average Days on Market ( Solds )
32
-6% -16%
0 %
-16%
39
0 %
3 %
Asking Price per Square Foot ( based on New Listings )
$ 137
0 %
0 %
9 %
7 %
$ 136
8 %
6 %
May Sold Price per Square Foot
$ 134
2 %
3 %
10 %
10 %
$ 130
9 %
7 %
May Month ' s Supply of Inventory
2.1
3 %
4 %
41 %
15 %
2.2
17 %
21 %
May Sale Price vs List Price Ratio
98.8 %
. 0 %
. 4 %
-. 3 %
. 8 %
98.3 %
-0%
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Denton

Number of Properties Sold
3 Mo Avg
Property Sales
1,800
May Property sales were 1,364 , down 1.7 % from 1,387 in May of
2016 and 12.7 % higher than the 1,210 sales last month . May
1,600
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at a mid level compared to May of 2016 and
1,8001,400
May
2015 Property . May YTD sales sales were of 1,364 5,387 , down are running 1.7 % from 0.5 1,387 % behind May last of
2016 year and ' s year-to-date 12.7 % higher sales than of the 5,412 1,210 . sales last month . May 2017 sales were at a mid level compared to May of 2016 and
1,6001,200
1,4001,000
2015 . May YTD sales of 5,387 are running 0.5 % behind last year ' s year-to-date sales of 5,412 .
1,200
800
1,000
600
800
400
600
200
400
0
200
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
0
14
15
16
17
Prices
The Median Sales Price in May was $ 306,000 , up 9.3 % from
Prices
$ 280,000 in May of 2016 and up 3.7 % from $ 295,000 last
The month Median . The Sales Average Price Sales in May Price was $ in 306,000 May was , up $ 355,977 9.3 % from , up 10.1 %
400
$ from 280,000 $ 323,457 in May in of May 2016 of and 2016 up and 3.7 % up from 6.8 $ % 295,000 from $ 333,378 last last . The Average Sales Price in May was $ 355,977 , up 10.1 %
380 month . May 2017 ASP was at the highest level compared to May from of 2016 $ 323,457 and 2015 in May . of 2016 and up 6.8 % from $ 333,378 last
360 month . May 2017 ASP was at the highest level compared to May
340
J
J
14
400
380
360
340
320
300
A S O N D
J
F
Median M A M J Sales
J
A S Price O N D and
J
F MAverage A M J
J Sales
A S OPrice N D
J
F M A M
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
of 2016 and 2015 .
320
300
280
260
240
220
200
280
260
240
220
200
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
14
15
16
17
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
Inventory & MSI
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of May
The was Total 2,838 Inventory , up 15.7 of % Properties from 2,452 available last month for sale and as up of 38.9 May % from
3,000 was
2,043 2,838 in , May up 15.7 of % last from year 2,452 . May last 2017 month Inventory and up was 38.9 at % its from highest
3,000
2,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
3.0
3.0
2.5
2,043 level in compared May of last with year May . May of 2016 2017 Inventory and 2015 . was at its highest level compared with May of 2016 and 2015 .
2,500
2,000
2.5
2.0
2,000
1,500
2.0
1.5
1,500
A comparatively lower MSI is more beneficial for sellers while a
1,000
1.5
1.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial May 2017 for sellers MSI of while 2.1 a
1,000 higher months MSI was is better at its highest for buyers level . The compared May 2017 with MSI May of 2.1 of 2016 and
500 months
2015 . was at its highest level compared with May of 2016 and
2015 .
0
1.0
500
0.5
0
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
0.0 M A M
J
J
14 A S O N D J
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 A
17 M
14
15
16
17
0.5
0.0
1,429 1,415
1,429 1,415 1,358 1,085 1,067 794 1,013 634 776 1,036 1,121 1,329 1,529 1,495 1,414 1,212 1,025 814 1,087 668 919 1,253 1,185 1,387 1,471 1,387 1,477 1,280 1,086 979 1,139 716 883 1,214 1,210 1,364
2,417 2,470 2,529
2,260 2,098
1,834 1,539
Agent Name
Title Phone Website Other

Community Information | School District

1,358 1,085
2,417 2,470 2,529
2,260
1,067 794 1,013 634 776
2,098
1,834 1,539 1,590 1,567
1,590 1,567 1,611
1,769
1,925 1,036 1,121 1,329 1,529 1,495
2,120 2,297 2,228 2,124 2,074
1,611 1,769
1,414 1,212 1,025
1,925
2,120 2,297 2,228 2,124 2,074 1,935 814 1,087 668
1,935 1,756 1,778 1,820 1,904 2,000 2,043
919
1,756 1,778 1,820 1,904 1,253 1,185 1,387 1,471
2,249
2,000 2,395
2,310 2,043 2,285 2,218
1,387 1,477 1,280 1,086
2,249 2,395 2,310 2,285 2,218 2,075
2,075 1,896 1,923 1,999
2,296 979 1,139
2,452 2,838
716
1,896 1,923 1,999
883 2,296
1,214 1,210
2,452 2,838
1,364
14 | 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 .