DFW ARCHIVED October 2016 | Page 10

Market Action Report

Denton

County: Denton

Agent Name

Market Action Report

County: Denton

October 2016

Title
Phone
Agent
Name
Website
Other
Title
Trending versus*:
Phone
Month
LM L3M PYM
LY
Website
$1,437,000
3%
1%
Other

October 2016

Community Information | School District

Price Range: $1,000,000 and Up | Properties: SFH - Con

Market Profile & Trends Overview
Median List Price of all Current Listings

Price Range: $1,000,000 and Up | Properties: SFH - Con

Trending versus*:
Prior YTD Prior Year

YTD

$1,985,010 Trending
6%
6%
versus*:
Trending versus*:
Month
LM 16%
L3M 13%
PYM 3%
LY 1%
YTD
Prior YTD -5%
Prior Year -6%
$1,290,000
$1,200,000
$1,437,000
3% -1% 0%
1% -9% -10% $1,405,181
$1,299,800
2%
-3%
Average
List Price of
all Current
$1,985,010 98
6% 0%
6% 26%
Total Properties
Currently
for Listings
Sale (Inventory)
October
Sales
Price
$1,290,000 16%
13% 3% 0%
1% $1,200,000
-5% 60% -6%
OctoberMedian
Number
of Properties
Sold
5 -29%
75
October
Average
Sales
Price
$1,299,800
-1%
0%
-9%
-10%
$1,405,181
2% 35% -3% 13%
October Average Days on Market (Solds)
42 -70% -38% -78% -63%
127
Total Properties Currently for Sale (Inventory)
98
0%
26%
Asking Price per Square Foot (based on New Listings)
$375 54% 32% 63% 29%
$273
-9%
-6%
October Number of Properties Sold
5 -29%
0%
75
60%
October Sold Price per Square Foot
$255
-12% 5%
-16% 9%
$238
7%
2%
October Average Days on Market (Solds)
42 -70% -38% -78% -63%
127
35%
13%
October Month's Supply of Inventory
19.6 40% 10% 26% -2%
13.9 -35%
-31%
Asking Price per Square Foot (based on New Listings)
$375 54% 32% 63% 29%
$273
-9%
-6%
October Sale Price vs List Price Ratio
94.3% .5% -.8% -.1% 2.2%
92.8%
1%
1%
October
Sold
Price
per
Square
Foot
$255
-12%
5%
-16%
9%
$238
7%
2%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date
October Month's Supply of Inventory
19.6 40% 10% 26% -2%
13.9 -35%
-31%
of 92.8%
Properties
October Sale Price vs List Price Ratio
94.3% .5% -.8% -.1% Number
2.2%
1%Sold 1%
Average List Price of all Current Listings

Market
Trends
OctoberProfile
Median&Sales
PriceOverview
Median
List
Price ofSales
all Current
October
Average
Price Listings

3 Mo Avg

Property
Sales
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date
14

5

7

5

13

8

11

9

8

3

6

9

4

5

3 Mo Avg

3

9

5

7

8

2

2

4

2

8

3

4

5

3

4

6

8

3

1

2

2

4

3

Number of Properties Sold

5

7

5

8

13

9

11

8

3

6

9

4

5

3

9

5

7

8

2

2

4

2

8

3

4

5

3

4

6

8

3

1

2

2

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 J A S O
13
14
15
16

4

0

3

October Property sales were 5, equal to 5 in October of 2015 and
28.6% lower than the 7 sales last month. October 2016 sales
12
were at their
highest level compared to October of 2015 and 14
Property
Sales
10
October
PropertyYTD
salessales
wereof
5, 75
equal
5 in October
2015 and
2014. October
areto
running
59.6%ofahead
of last
28.6%
than thesales
7 sales
12
year'slower
year-to-date
oflast
47. month. October 2016 sales
8
were at their highest level compared to October of 2015 and
10
2014. October YTD sales of 75 are running 59.6% ahead of last
6
year's year-to-date sales of 47.
8
4
6
2
4
0
2

N D J F M A M J J AMedian
S O N DSales
J F MPrice
A M and
J J AAverage
S O N D Sales
J F MPrice
A M J J A S O
Prices
13
14
15
16
The Median Sales Price in October was $1,290,000, up 3.2%
from $1,250,000 in October of 2015 and up 15.7% from
4,000
Median Sales Price and Average Sales Price
Prices
3 Mo Avg
$1,115,000
last month.
Average
Sales Price in
The
Median Sales
Price in The
October
was $1,290,000,
upOctober
3.2% was
3,500
$1,299,800,
down
9.3% from
$1,432,650
in October
from
$1,250,000
in October
of 2015
and up 15.7%
from of 2015 and
4,000
down 0.9%
from
$1,311,128
last month.
October
2016 ASP
$1,115,000
last
month.
The Average
Sales Price
in October
was was
at the lowest
level9.3%
compared
to OctoberinofOctober
2015 and
2014.and 3,5003,000
$1,299,800,
down
from $1,432,650
of 2015
down 0.9% from $1,311,128 last month. October 2016 ASP was
3,0002,500
at the lowest level compared to October of 2015 and 2014.
2,5002,000

3 Mo Avg

2,0001,500
1,5001,000

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 J A S O
13 14
15
16
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 J A S O
13 14
15
16

60 40
A comparatively lower MSI is more beneficial for sellers while a
MSI is better
October
MSI
of a19.6 40 20
Ahigher
comparatively
lower for
MSIbuyers.
is more The
beneficial
for2016
sellers
while
months
was
at its highest
levelThe
compared
of 2015
higher
MSI
is better
for buyers.
Octoberwith
2016October
MSI of 19.6
20
0
and 2014.
months
was at its highest level compared with October of 2015
0
and 2014.
N
13

76
69

80 60

65
47
74
53
80
65
88
74
91
80
90
92 88
91
81
90
78
92
76
81
67
74 78
75 76
85
67
88
74
90
75
93 85
103
88
9990
98 93
98
103
99
98
98

90.0
80.0
70.0
60.0
50.0
40.0
30.0
20.0
10.0
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 J A0.0S O
D 13J F 14
M A M J J A S O N D J F M15A M J J A S O N D J F M 16
A M J J A S O
14
15
16
47
53

level compared with October of 2015 and 2014.

Total Inventory & Month's Supply of Inventory (MSI)

Total Inventory & Month's Supply of Inventory (MSI)

78
64
78
65
7264
65
82
72
90
84 82

Inventory & MSI
The Total Inventory of Properties available for sale as of
Inventory & MSI
October was 98, equal to 98 last month and up 25.6% from 78 in 120
The Total Inventory of Properties available for sale as of
Octoberwas
of last
year. to
October
was at
its highest
October
98, equal
98 last 2016
monthInventory
and up 25.6%
from
78 in 120 100
level
compared
with
October
of
2015
and
2014.
October of last year. October 2016 Inventory was at its highest
100 80

91 90
9484
87
91
81
94
76
87
69
81

1,000

Copyright © Coldwell Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
10
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w e l lBrokerage
b a n|kPrice
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h o$1,000,000
m e sand
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Copyright |© Coldwell
Range:
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
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.
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.

90.0
80.0
70.0
60.0
50.0
40.0
30.0
20.0
10.0
0.0