Market Action Report October 2016
Community Information | School District
Market Action Report October 2016
County : Ellis
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 |
$ 296,450 |
0 % |
|
7 % |
|
|
|
|
Average List Price of all Current Listings |
$ 311,974 |
-1% |
|
-5% |
|
|
|
|
October Median Sales Price |
$ 215,000 |
-2% |
-2% |
18 % |
16 % |
$ 214,000 |
16 % |
16 % |
October Average Sales Price |
$ 235,617 |
2 % |
1 % |
19 % |
16 % |
$ 229,230 |
13 % |
13 % |
Total Properties Currently for Sale ( Inventory ) |
514 |
6 % |
|
14 % |
|
|
|
|
October Number of Properties Sold |
181 -27% |
-9% |
2,146 |
8 % |
October Average Days on Market ( Solds ) |
48 |
17 % |
17 % |
-2% |
-9% |
46 |
-15% |
-13% |
Asking Price per Square Foot ( based on New Listings ) |
$ 109 |
3 % |
3 % |
9 % |
10 % |
$ 104 |
5 % |
5 % |
October Sold Price per Square Foot |
$ 104 |
3 % |
3 % |
13 % |
14 % |
$ 99 |
10 % |
9 % |
October Month ' s Supply of Inventory |
2.8 |
45 % |
26 % |
25 % |
23 % |
2.3 |
-3% |
-2% |
October Sale Price vs List Price Ratio |
97.2 % |
. 3 % |
-. 3 % |
. 9 % |
. 7 % |
97.4 % |
1 % |
1 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales |
300 |
October Property sales were 181 , down 8.6 % from 198 in |
|
October of 2015 and 27.0 % lower than the 248 sales last month .
Property
October 2016 Sales sales were at a mid level compared to October of
300
|
250 |
|
October
2015 and Property 2014 . sales October were YTD 181 , sales down of 8.62,146 % from are 198 running 8.5 %
October ahead of last 2015 year and ' s 27.0 year-to-date % lower than sales the of 248 1,978 sales . last month .
250
October 2016 sales were at a mid level compared to October of
|
200 |
2015 and 2014 . October YTD sales of 2,146 are running 8.5 % ahead of last year ' s year-to-date sales of 1,978 . |
200 |
150 |
|
150 |
100 |
100
50
Number of Properties Sold
50 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 A S O
0 13 14 15
16
Prices
N D J F M A M J J AMedian S O N DSales J F MPrice A M Jand J AAverage S O N D Sales J F M Price A M J J A S O 13 14
15 16
3 Mo Avg The Median Sales Price in October was $ 215,000 , up 18.0 %
250
Prices from $ 182,150 in October of 2015 and down 2.5 % from Median Sales Price and Average Sales Price
3 Mo Avg The $ 220,450 Median last Sales month Price . in The October Average was Sales $ 215,000 Price , up in 18.0 October % was
240
250 from $ 235,617 $ 182,150 , up in 19.3 October % from of $ 2015 197,550 and in down October 2.5 % of from 2015 and up 230 $ 220,450 last month . The Average Sales Price in October was
240
2.1 % from $ 230,841 last month . October 2016 ASP was at the 220 $ highest 235,617 , level up 19.3 compared % from $ to 197,550 October in October of 2015 and of 2015 2014 and . up 230 210 2.1 % from $ 230,841 last month . October 2016 ASP was at the 220 200 highest level compared to October of 2015 and 2014 .
210 190
200 180
190 170
180 160
170 150
160 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
150 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
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of Total Inventory & Month ' s Supply of Inventory ( MSI )
The October Total Inventory was 514 , up of Properties 6.0 % from available 485 last for month sale as and of up 14.2 % 700
5.0
October from 450 was in 514 October , up 6.0 of % last from year 485 . last October month 2016 and Inventory up 14.2 % was 700 at 600 5.0
4.0 from its highest 450 in October level compared of last year with . October 2016 of 2015 Inventory and 2014 was . at 600 500
4.0 its highest level compared with October of 2015 and 2014 .
500 400 3.0
400 3.0
300 2.0
A comparatively lower MSI is more beneficial for sellers while 300 a 200 2.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial October for 2016 sellers MSI while of a 2.8 200 1.0 higher months MSI was is better at a mid for level buyers compared . The October with October 2016 MSI of of 2015 2.8 and 100
1.0 months was at a mid level compared with October of 2015 and 100
2014 . 0
0.0 2014 .
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 0.0 A S O
N D
13
J F 14 M A M J J A S O N D J F M 15 A M J J A S O N D J F M A
16 M J J A S O
13 14 15
16
132 127 125 144 176 166 201 199 210 212 170 170 151 170 119 138 200 167 227 228 249 229 223 198 178 185 132 140 215 218 234 284 241 253 248 181
623 583
132 623 586
Ellis
127 583
566 571
Agent Name
125 586
Title Phone Website Other
Community Information | School District
144 566 559
176 571 581
166 559
578 583
201
581 613
199 578
546 210
583 508
212
613 170
Number of Properties Sold
170 151 170 119 138 200 167 227 228
455 546
421 508
418 455
413
421 399 428
418
429 413
458 399
500 428
450 429
449 458
450 500 249 229 223 198 178 185 132 140 215 218
3 Mo Avg
234 284
420 450
410 449
424 450
450 420
434 410 428
424 429
450
455 434 474 428 501 429 485 455 514 474
241 501
3 Mo Avg
253
485 248
514 181
16 | 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 .