DFW ARCHIVED October 2016 | Page 28

Market Action Report October 2016
Community Information | School District
Market Action Report October 2016

County : Parker

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
$ 309,950
-2%
15 %
Average List Price of all Current Listings
$ 350,096
0 %
15 %
October Median Sales Price
$ 228,250
-3%
-1%
17 %
6 %
$ 225,000
4 %
4 %
October Average Sales Price
$ 245,470
-3%
-1%
13 %
4 %
$ 245,815
4 %
4 %
Total Properties Currently for Sale ( Inventory )
732
4 %
47 %
October Number of Properties Sold
188 -12%
14 %
1,962
10 %
October Average Days on Market ( Solds )
47 -15% -6% -15% -27%
57
-11%
-11%
Asking Price per Square Foot ( based on New Listings )
$ 115
-3%
-3%
5 %
6 %
$ 115
6 %
6 %
October Sold Price per Square Foot
$ 109
-0%
2 %
10 %
7 %
$ 106
4 %
4 %
October Month ' s Supply of Inventory
3.9
18 %
16 %
29 %
31 %
3.2
8 %
7 %
October Sale Price vs List Price Ratio
95.7 %
-. 2 % -. 2 % 1.3 %
. 4 %
95.8 %
0 %
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 188 , up 13.9 % from 165 in October
of 2015 and 11.7 % lower than the 213 sales last month . October
Property
2016 sales Sales were at their highest level compared to October of
300
250
October
2015 and Property 2014 . sales October were YTD 188 , sales up 13.9 of % 1,962 from are 165 running October 9.7 % of ahead 2015 and of last 11.7 year % lower ' s year-to-date than the 213 sales sales of last 1,789 month . . October
250
2016 sales were at their highest level compared to October of
200
2015 and 2014 . October YTD sales of 1,962 are running 9.7 % ahead of last year ' s year-to-date sales of 1,789 .
200
150
150
100
100
50
Number of Properties Sold
151 121 80 110 150 139 191 203 172 207 176 173 142 138 110 119 188 176 184 226 217 195 209 165 136 184 108 149 179 184 222 257 228 234 213 188
675
N 13

Parker

151 121
Agent Name
80
Title Phone Website Other

Community Information | School District

110 150 139 191 203 172 207
611
628 675
640 611
652 628
679 640
701 652
707 679
730 701 690 707
654 730
588 690
549 654
176
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
The Median Sales Price in October was $ 228,250 , up 17.4 %
N
D
J
F M A M J
13
14
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
15
16
J
A S O
3 Mo Avg
Prices from $ 194,500 in October of 2015 and down 3.5 % from
The
$ 236,500 Median last Sales month Price . in The October Average was Sales $ 228,250 Price , up in 17.4 October % was from
$ 245,470 $ 194,500 , up in 12.9 October % from of $ 2015 217,383 and in down October 3.5 % of from 2015 and down
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
$
2.9 236,500 % from last $ 252,709 month . The last Average month . Sales October Price 2016 in October ASP was was at the
$ highest 245,470 level , up 12.9 compared % from $ to 217,383 October in of October 2015 and of 2015 2014 and . down
270
2.9 % from $ 252,709 last month . October 2016 ASP was at the
250
250
230
highest level compared to October of 2015 and 2014 .
230
210
210
190
190
170
170
150
150
N
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
13
14
15
16
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
A S O
Inventory & MSI
13
14
15
16
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
October Total Inventory was 732 , up of Properties 4.1 % from available 703 last for month sale and as of up 46.7 %
October from 499 was in 732 October , up 4.1 of % last from year 703 . last October month 2016 and Inventory up 46.7 % was
800 at from its highest 499 in October level compared of last year with . October 2016 of 2015 Inventory and 2014 was . at
700 its highest level compared with October of 2015 and 2014 .
600
500
400
A comparatively lower MSI is more beneficial for sellers while
300
a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial October for 2016 sellers MSI while of a 3.9 higher MSI is better for buyers . The October 2016 MSI of 3.9
200 months was at its highest level compared with October of 2015 months was at its highest level compared with October of 2015
100 and 2014 . and 2014 .
0
800
700
600
500
400
300
200
100
0
N
Total Inventory & Month ' s Supply of Inventory ( MSI )
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
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
A S O
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
173 142 138 110 119
3 Mo Avg
469 588
499 549
469
469 463 486
499
504 469
514 463
533 486
520 504
528 514
499 533
499 520
484 528
478 499
498 499
565 484 589
478 556 498 590 565 645 589 677 556 703 590 732 645
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
14 15
16
188 176 184 226 217 195 209 165 136 184 108 149 179 184 222 257 228 677
3 Mo Avg
234
703 213
732 188
28 | 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 .