Market Action Report May 2017
Community Information | School District
Market Action Report May 2017
County : Smith
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 |
$ 285,000 |
0 % |
|
12 % |
|
|
|
|
Average List Price of all Current Listings |
$ 393,203 |
7 % |
|
20 % |
|
|
|
|
May Median Sales Price |
$ 194,500 |
4 % |
4 % |
8 % |
9 % |
$ 186,200 |
6 % |
4 % |
May Average Sales Price |
$ 239,769 |
4 % |
7 % |
7 % |
11 % |
$ 227,393 |
7 % |
6 % |
Total Properties Currently for Sale ( Inventory ) |
1,357 |
12 % |
|
14 % |
|
|
|
|
May Number of Properties Sold |
292 |
20 % |
|
5 % |
|
1,197 |
8 % |
|
May Average Days on Market ( Solds ) |
55 -17% -15% -8% |
-14% |
66 |
-3% |
3 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 117 |
-1% |
0 % |
11 % |
8 % |
$ 115 |
6 % |
6 % |
May Sold Price per Square Foot |
$ 104 |
3 % |
4 % |
5 % |
6 % |
$ 100 |
3 % |
2 % |
May Month ' s Supply of Inventory |
4.6 |
-7% |
2 % |
9 % |
-9% |
5.3 |
-1% |
4 % |
May Sale Price vs List Price Ratio |
95.6 % |
. 5 % |
. 4 % |
-. 1 % |
. 6 % |
95.1 % |
0 % |
0 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales |
350 |
May Property sales were 292 , up 5.4 % from 277 in May of 2016 |
and 19.7 % higher than the 244 sales last month . May 2017 sales |
300 |
|
Property were at their Sales highest level compared to May of 2016 and 2015 .
350
May Property YTD sales sales of were 1,197292 are , running up 5.4 % from 8.1 % 277 ahead in May of last of 2016 year ' s
|
250 |
and year-to-date 19.7 % higher sales than of the 1,107 244 . sales last month . May 2017 sales were at their highest level compared to May of 2016 and 2015 . |
300 |
200 |
May YTD sales of 1,197 are running 8.1 % ahead of last year ' s |
250 |
|
year-to-date sales of 1,107 . |
|
150 |
|
200 |
|
|
|
100 |
|
150 |
|
|
|
50 |
|
100 |
|
|
50 |
0 |
Smith
283 226
Agent Name
232
Title Phone Website Other
Community Information | School District
244 239 204
Number of Properties Sold
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 |
A S O N D
J
F
MMedian A M J JSales A S OPrice N D Jand
F MAverage A M J
J Sales
A S O Price N D
J
F M A M
15
16
17
|
3 Mo Avg |
|
Median Sales Price and Average Sales Price |
|
283 226 232 244 239 204 226 153 147 240 223 256 313 306 316 228 235 171 231 169 185 228 248 277 331 280 309 275 235 197 200 158 210 293 244 292
1,295 1,407 1,374 1,283 1,220 1,111 993 969 226 153 147 240 223
993 1,017 1,070 1,107 1,111 1,144 1,128
Number of Properties Sold
0
Prices J
The Median Sales Price in May was $ 194,500 , up 8.0 % from
14 250
Prices $ 180,127 in May of 2016 and up 4.4 % from $ 186,250 last
3 Mo Avg The month Median . The Sales Average Price Sales in May Price was $ in 194,500 May was , up $ 8.0 239,769 % from , up 6.9 %
240
250 $ from 180,127 $ 224,374 in May of in 2016 May of and 2016 up 4.4 and % up from 4.2 $ % 186,250 from $ last 230,204 last 230
. The Average Sales Price in May was $ 239,769 , up 6.9 %
240
month . May 2017 ASP was at the highest level compared to May 220 from of 2016 $ 224,374 and 2015 in May . of 2016 and up 4.2 % from $ 230,204 last 230 210 month . May 2017 ASP was at the highest level compared to May 220 200 of 2016 and 2015 .
210 190
200 180
190 170
180 160
170 150
160 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
150 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 14
15 16
17
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of May Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 1,357 Inventory , up 11.6 % of from Properties 1,216 available last month for and sale up as 14.4 of May % from 1,600
8.0 was 1,186 1,357 in , May up 11.6 of % last from year 1,216 . May last 2017 month Inventory and up 14.4 was % at from its highest 1,6001,400
8.0 7.0
1,186 level in compared May of last with year May . May of 2017 2016 Inventory and 2015 . was at its highest 1,4001,200
7.0 6.0 level compared with May of 2016 and 2015 . 1,2001,000
6.0 5.0
1,000 800
5.0 4.0
800 600
4.0 3.0 A comparatively lower MSI is more beneficial for sellers while a
600 3.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial May 2017 for sellers MSI of while 4.6 a 400 2.0 higher MSI is better for buyers . The May 2017 MSI of 4.6 400
2.0 months was at its highest level compared with May of 2016 and 200
1.0 months was at its highest level compared with May of 2016 and 200 1.0
2015 . 0
0.0 2015 .
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
1,295 1,407 1,374 1,283 1,220 1,111 993 969 993
256 313
1,017 1,070 1,107 1,111 306 316 228 235 171 231 169 185
1,144 1,128 1,187 1,196 1,138 1,058 1,092 1,136 1,137
228
1,187 1,196 1,138 1,058 1,092 1,136 1,137 1,182 1,186 1,226 1,279
248
1,182
1,186 277 331 280 309 275 235 197
3 Mo Avg
200
1,226 1,279 1,284 1,255 1,251 1,244 1,148 1,144
1,284 1,255 1,251 1,244 1,148 1,144 1,148 1,177 1,216
1,357 158 210
1,148 1,177
3 Mo Avg
293 244
1,216 1,357
292
32 | 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 .