DFW ARCHIVED October 2016 | Page 26

Market Action Report

Tarrant

County: Tarrant

Agent Name

Market Action Report

County: Tarrant

October 2016

Title
Phone
Agent
Name
Website
Other
Title
Trending versus*:
Phone
Month
LM L3M PYM
LY
Website
$1,477,500
-1%
2%
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

$2,005,318 Trending
-2% versus*:
9%
Trending versus*:
Month
LM -3%
L3M -5%
PYM -0%
LY -4%
YTD
Prior YTD 0%
Prior Year 0%
$1,250,000
$1,300,000
$1,477,500
-1% -6% -12%
2% -7% -16% $1,459,072
$1,268,952
-4%
-4%
Average
List Price of
all Current
$2,005,318 250
-2% 5%
9% 45%
Total Properties
Currently
for Listings
Sale (Inventory)
October
Sales
Price
$1,250,000 -3%
-5% -0% 73%
-4% $1,300,000 184
0%
OctoberMedian
Number
of Properties
Sold
19 12%
6% 0%
October
Average
Sales
Price
$1,268,952
-6%
-12%
-7%
-16%
$1,459,072
-4%
October Average Days on Market (Solds)
123 34% 18% 132% 16%
113
8% -4% 7%
Total Properties Currently for Sale (Inventory)
250
5%
45%
Asking Price per Square Foot (based on New Listings)
$237 -15% -24% -14% -20%
$298
2%
1%
October Number of Properties Sold
19 12%
73%
184
October Sold Price per Square Foot
$251 0% -4%
5% 0%
$2596% 3%
3%
October Average Days on Market (Solds)
123 34% 18% 132% 16%
113
8%
7%
October Month's Supply of Inventory
13.2 -6% 10% -16% 18%
12.8
18%
14%
Asking Price per Square Foot (based on New Listings)
$237 -15% -24% -14% -20%
$298
2%
1%
October Sale Price vs List Price Ratio
90.1% -.4% -.7% -4.0% -1.7%
92.4%
1%
1%
October
Sold
Price
per
Square
Foot
$251
0%
-4%
5%
0%
$259
3%
3%
* 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
13.2 -6% 10% -16% 18%
12.8
18%
14%
of 92.4%
Properties
October Sale Price vs List Price Ratio
90.1% -.4% -.7% -4.0% Number
-1.7%
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
35

20
15
10

19

17

26

19

30

28

16

12

10

7

18

11

9

12

24

32

27

18

16

14

12

11

8

13

11

19

17

30

19

16

11

12

7

19

17

26

19

30

28

16

12

7

10

18

9

11

12

24

32

27

18

16

14

12

8

11

7

13

11

19

17

30

19

16

11

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
12

9

9

0

5

13

9

5

10

0

3 Mo Avg

25

9

15

Number of Properties Sold

30

13

October Property sales were 19, up 72.7% from 11 in October of
2015 and 11.8% higher than the 17 sales last month. October
2016 salesSales
were at their highest level compared to October of 35
Property
October
Property
wereYTD
19, up
72.7%
from
11running
in October
of
2015 and
2014. sales
October
sales
of 184
are
5.7%
2015
andof11.8%
higheryear-to-date
than the 17 sales
month. October
30
ahead
last year's
saleslast
of 174.
2016 sales were at their highest level compared to October of
25
2015 and 2014. October YTD sales of 184 are running 5.7%
ahead of last year's year-to-date sales of 174.
20

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
15
16
The Median Sales Price in October was $1,250,000, down 0.0% 13 14
1,800
from $1,250,100 in October of 2015 and down 2.7% from
Median Sales Price and Average Sales Price
Prices
3 Mo Avg
$1,285,000
last
month.
The
Average
Sales
Price
in
October
was
1,700
The Median Sales Price in October was $1,250,000, down 0.0%
1,800
$1,268,952,
down
7.2% from
$1,367,244
in October
of 2015 and
from
$1,250,100
in October
of 2015
and down
2.7% from
1,600
down 5.6%last
from
$1,344,748
last month.
October
2016 ASP
$1,285,000
month.
The Average
Sales Price
in October
was was
1,700
at the lowest
level
compared
to October
2015 and
2014.
$1,268,952,
down
7.2%
from $1,367,244
in of
October
of 2015
and
1,500
down 5.6% from $1,344,748 last month. October 2016 ASP was 1,600
1,400
at the lowest level compared to October of 2015 and 2014.
1,500
1,4001,300

3 Mo Avg

1,3001,200
1,2001,100

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

200 150

172
143
157 172
159143
169157
175159

25.0
25.0
228
238
250

its highest level compared with October of 2015 and 2014.

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

Total Inventory & Month's Supply of Inventory (MSI)
161 169
174
137
173
138
162 161
186
137
138198
208
162
219
186
235
198
228
208
238219
250
235

Inventory & MSI
The Total Inventory of Properties available for sale as of
Inventory & MSI
300
October was 250, up 5.0% from 238 last month and up 44.5%
The Total Inventory of Properties available for sale as of
from 173
in250,
October
of last
year.
2016
300 250
October
was
up 5.0%
from
238October
last month
andInventory
up 44.5%was at
its highest
level compared
withOctober
October2016
of 2015
and 2014.
from
173 in October
of last year.
Inventory
was at 250
200

177169
173 175
170 177
157 173
150 170
158 157
141 150
118
158
139
141
138
118
156
139
173
138
170
156
159
173
163
169 170
174159
173163

1,100

20.0
15.0

150
A comparatively lower MSI is more beneficial for sellers while a 100
10.0
MSI is better
October
MSI
of a13.2100 50
Ahigher
comparatively
lower for
MSIbuyers.
is more The
beneficial
for2016
sellers
while
months
was
at
a
mid
level
compared
with
October
of
2015
and
higher MSI is better for buyers. The October 2016 MSI of 13.2
5.0
50
0
2014. was at a mid level compared with October of 2015 and
months
0
2014.
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 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
13 14
15
16
Copyright © Coldwell Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
26
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l dResidential
w e l lBrokerage
b a n| kPrice
er
h o$1,000,000
m e sand
. cUpo| Property
m Types: SFH - Con
Copyright ©| Coldwell
Range:
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.

20.0
15.0
10.0
5.0
0.0