DFW ARCHIVED May 2017 | Page 6

Market Action Report
County: Cherokee
Anderson
Agent Name
Title
Phone
Agent
Name
Website
Other
Title
Market Action Report
May 2017
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
$292,500
Other
Market Profile & Trends Overview
Median List Price of all Current Listings
LM
Trending versus*:
L3M PYM
LY
3%
55%
$335,480 Trending
2% versus*:
21%
$167,000
Month
LM 23%
L3M 20%
PYM 67%
LY
$292,500
3% 15% 8%
55% 26%
$178,797
$335,480 204
2% 3% 21% 17%
$167,000 23%
20% 67% -19%
29%
25 -4%
$178,797 109
15% -17%
8% -12%
26% 14%
7%
204 $95
3% -23% -17%
17% -5%
25 -4%
$87 2% -19%
6% 36%
109 -17% -12% 14% 11%
8.2 7% -5% 45%
$95 -23% -17% -5% 0%
90.8% .8% 2.0% 2.6%
Price Range: All | Properties: SFH - Con
Average List Price of all Current Listings
May Median
Sales
Price Overview
Market
Profile
& Trends
Median
List Price
of all
Current Listings
May Average
Sales
Price
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
May
Sales
Price
May Median
Number
of Properties
Sold
May
Sales
Price
May Average
Average
Days
on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
May Number of Properties Sold
May Sold Price per Square Foot
May Average Days on Market (Solds)
May Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
May Sale Price vs List Price Ratio
Trending versus*:
$145,750
16%
104
$174,861
13%
11%
123
0%
$112
104
-2%
9%
$83
123
35%
1%
9.7
$112
22%
.9%
89.2%
May
Sold Price per Square Foot
$87
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
May Sale Price vs List Price Ratio
Property
Sales
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
40
Prices
The Median Sales Price in May was $167,000, up 67.0% from
$100,000 in May of 2016 and up 22.6% from $136,250 last
Prices
month.
The
Average
in May was up $178,797,
up 26.3%
The
Median
Sales
Price Sales
in May Price
was $167,000,
67.0% from
350
from $141,556
2016
up from
14.9%
from $155,613
last
$100,000
in May in
of May
2016 of and
up and
22.6%
$136,250
last
month.
Average
Sales was
Price
was $178,797,
up 26.3%
month. The
May
2017 ASP
at in
the May
highest
level compared
to May
300
from
$141,556
in May of 2016 and up 14.9% from $155,613 last
of 2016
and 2015.
24
15
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
0
0
5
5
10
10
15
15
20
20
3 Mo Avg
25
25
3 Mo Avg
30
30
26%
18%
4%
20%
-1%
Number of Properties Sold
35
were at their lowest level compared to May of 2016 and 2015.
May YTD sales of 104 are running 1.9% behind last year's year-
to-date sales of 106.
-2% 13%
35% 5%
22%
6%
26%
17%
18%
-1%
2% 6% 36% 9%
$83
6%
4%
8.2 7% -5% 45% 1%
9.7
17%
20%
of 89.2%
Properties
90.8% .8% 2.0% 2.6% Number
.9%
-1% Sold -1%
May Month's Supply of Inventory
May Property sales were 25, down 19.4% from 31 in May of 2016
and 3.8% lower than the 26 sales last month. May 2017 sales
Property
Sales
were at their
lowest level compared to May of 2016 and 2015. 40
May
sales
25, running
down 19.4%
from
31 in last
May year's
of 2016
May Property
YTD sales
of were
104 are
1.9%
behind
year-
35
and
3.8% sales
lower of than
to-date
106. the 26 sales last month. May 2017 sales
Trending versus*:
Prior YTD Prior Year
YTD
29% YTD
$145,750
Prior YTD 16%
Prior Year 13%
7%
$174,861
13%
5%
Coun ty: Cherokee
May 2017
J J A S O N D J F M Median
A M J J Sales
A S O Price
N D J and
F M Average
A M J J Sales
A S O Price
N D J F M A M
3 Mo Avg
14
15
16
17
350
Median Sales Price and Average Sales Price
300
3 Mo Avg
250
month. May 2017 ASP was at the highest level compared to May 250 200
of 2016 and 2015.
200 150
150 100
100
50
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
50
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
200
150
A comparatively lower MSI is more beneficial for sellers while 100
a
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
while
MSI is better
for buyers.
May 2017
MSI of
8.2 a
higher
MSI
is better
for buyers.
May 2017
MSI May
of 8.2
months
was
at its highest
level The
compared
with
of 2016 and 50
months
2015. was at its highest level compared with May of 2016 and
0
2015.
18.0
16.0
14.0
150
12.0
10.0
100
8.0
6.0
50
4.0
2.0
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
A M J J A S O N D J F M A 17 M
15 A M J J A S O N D J F M 16
14
15
16
17
compared with May of 2016 and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of May
was Total
204, Inventory
up 2.5% from
199 last available
month and
from 175 in 250
The
of Properties
for up
sale 16.6%
as of May
May
of last
year. from
May 199
2017
was
its highest
level
was
204,
up 2.5%
last Inventory
month and
up at
16.6%
from 175
in 250
200
compared
with May
May 2017
of 2016
and 2015.
May
of last year.
Inventory
was at its highest level
Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: SFH - Con
All e
| Property
6 Copyright
| © Coldwell
c o l Banker
d w Residential
e l l b Brokerage
a n k | e Price
r Range:
hom
s . c Types:
o m 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
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
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
the responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.
18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0