DFW ARCHIVED October 2016 | Page 24

Smith Community Information | School District

Smith Community Information | School District

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
$ 1,385,000
-1%
-1%
Average List Price of all Current Listings
$ 1,829,892
1 %
16 %
October Median Sales Price
$ 0
-100% -100% -100%
$ 1,270,000
17 %
17 %
October Average Sales Price
$ 0
-100% -100% -100%
$ 1,290,037
19 %
19 %
Total Properties Currently for Sale ( Inventory )
39
-5%
50 %
October Number of Properties Sold
0
-100%
9
13 %
October Average Days on Market ( Solds )
0
-100% -100% -100%
50
-19%
-19%
Asking Price per Square Foot ( based on New Listings )
$ 238
-40% -17% -26% -10%
$ 294
15 %
11 %
October Sold Price per Square Foot
$ 0
-100% -100% -100%
$ 209
11 %
11 %
October Month ' s Supply of Inventory
0.0
0 %
-100% -100% -100%
23.3
25 %
25 %
October Sale Price vs List Price Ratio
0.0 %
-100.0% -100.0% -100.0%
88.5 %
4 %
4 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
3 Mo Avg
Property Sales October Property sales were 0 , down 100.0 % from 2 in October of 2015 and higher than the 0 sales last month . October 2016 sales were at their lowest level compared to October of 2015 and 2014 . October YTD sales of 9 are running 12.5 % ahead of last year ' s year-to-date sales of 8 .
Prices The Median Sales Price in October was $ 0 , down 100.0 % from $ 1,017,500 in October of 2015 and up from $ 0 last month . The Average Sales Price in October was $ 0 , down 100.0 % from $ 1,017,500 in October of 2015 and up from $ 0 last month . October 2016 ASP was at a mid range compared to October of 2015 and 2014 .
5 4 4 3 3 2 2 1 1 0 -1
1,600 1,500 1,400 1,300
Number of Properties Sold
3 Mo Avg
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
Median Sales Price and Average Sales Price
3 Mo Avg
0 2 0 0 0 0 0 0 1 0 0 0 0 0 0 0 2 2 0 0 0 1 1 2 0 0 0 1 1 1 0 4 0 2 0 0
3 Mo Avg
1,200 1,100 1,000
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
Inventory & MSI The Total Inventory of Properties available for sale as of October was 39 , down 4.9 % from 41 last month and up 50.0 % from 26 in October of last year . October 2016 Inventory was at its highest level compared with October of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The October 2016 MSI of 0.0 months was at a mid level compared with October of 2015 and 2014 .
50 40 30 20 10 0
50
Total Inventory & Month ' s Supply of Inventory ( MSI )
40
35.0
30.0
30
25.0
20
20.0
15.0
10
10.0
0
5.0
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
N
D13J
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
13
14
15
16
19
16
19
17
16
20
17
18
20
22
24 18
27 22
24 31
27
28
31
26
28
23
26
22
23
20
22
22
20 25
23
22
23
23
23
25
27
26
28
28
26
25
25
27 28
34 29
27 23
26 23 28 28 26 25 25 27 28 29 29 29
41
29
44
29
34 41
41
39
44
41
39
35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
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