DFW ARCHIVED October 2016 | Page 19

Market Action Report

County: Henderson

October 2016

Henderson
Agent Name
Title
Phone
Website
Other

Community Information | School District
Price Range: All | Properties: SFH - Con

Days On Market for Sold Properties
Market Time

The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for October was 90, down 23.7% from
118 days last month and down 21.1% from 114 days in October of
last year. The October 2016 DOM was at its lowest level
compared with October of 2015 and 2014.

3 Mo Avg

200
180
160
140

114

120

100

100

90

80
60
40
20
0
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Selling Price per Square Foot

Selling Price per Square Foot

The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
more normalized indicator on the direction of Property values.
The October 2016 Selling Price per Square Foot of $107 was up
8.9% from $98 last month and up 2.1% from 105 in October of
last year.

150
140
130
120
110
100
90
80
70
60
50

3 Mo Avg

107

105

67

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Selling Price versus Listing Price Ratio

Selling Price vs Original Listings Price

The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The October 2016 Selling Price vs Original
List Price of 92.3% was up from 89.8% last month and up from
88.4% in October of last year.

3 Mo Avg

Avg Selling Price divided by Avg Listing Price for sold properties during the month

96%
94%

92.3%
90.9%

92%
90%

88.4%

88%
86%
84%
82%
80%
78%
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Inventory / New Listings / Sales

514

494

517

508

516

502

518

508

472

433

420

448

424

483

456

459

490

481

448

430

381

348

327

437

544

488

663

652

603

576

547

534

482

604

393

300

549

Inventory / New Listings / Sales

This last view of the market combines monthly inventory of
700
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
600
relationship between these items. The number of New Listings
in October 2016 was 107, down 0.9% from 108 last month and up 500
12.6% from 95 in October of last year.
400

200
100
0
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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.

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