DFW ARCHIVED October 2017 | Page 14

Market Action Report October 2017
Community Information | School District
Market Action Report October 2017

County : Denton

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
$ 390,000
0 %
-2%
Average List Price of all Current Listings
$ 465,790
1 %
-1%
October Median Sales Price
$ 296,000
2 %
-1%
9 %
9 %
$ 297,000
10 %
9 %
October Average Sales Price
$ 337,229
2 %
-1%
7 %
6 %
$ 340,286
8 %
7 %
Total Properties Currently for Sale ( Inventory )
2,892
0 %
37 %
October Number of Properties Sold
1,075 -13%
-1%
12,368
2 %
October Average Days on Market ( Solds )
45
13 %
22 %
15 %
18 %
38
3 %
0 %
Asking Price per Square Foot ( based on New Listings )
$ 138
0 %
1 %
5 %
8 %
$ 135
6 %
5 %
October Sold Price per Square Foot
$ 132
0 %
0 %
6 %
8 %
$ 131
7 %
7 %
October Month ' s Supply of Inventory
2.7
15 %
16 %
38 %
52 %
2.0
16 %
16 %
October Sale Price vs List Price Ratio
96.4 %
-. 6 % -1.0% -1.1% -1.7%
97.9 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,800
October Property sales were 1,075 , down 1.0 % from 1,086 in
October of 2016 and 13.2 % lower than the 1,238 sales last
1,600
Property month . October Sales 2017 sales were at a mid level compared to
1,8001,400
October Property of 2016 sales and 2015 were . 1,075 October , down YTD 1.0 % sales from of 1,086 12,368 in are
October of 2016 and 13.2 % lower than the 1,238 last
1,6001,200 running 2.1 % ahead of last year ' s year-to-date sales of 12,116 .
month . October 2017 sales were at a mid level compared to
1,4001,000
October of 2016 and 2015 . October YTD sales of 12,368 are running 2.1 % ahead of last year ' s year-to-date sales of 12,116 .
1,200
800
1,000
600

Denton

Number of Properties Sold
800
400
600
200
400
0
200
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
14
15
16
17
Prices
The Median Sales Price in October was $ 296,000 , up 8.9 % from
Prices
$ 271,927 in October of 2016 and up 1.9 % from $ 290,450 last
The month Median . The Sales Average Price Sales in October Price was in October $ 296,000 was , up $ 337,229 8.9 % from , up
400
$
7.4 271,927 % from in October $ 313,865 of in 2016 October and up of 1.9 2016 % from and $ up 290,450 2.3 % from last month . The Average Sales Price in October $ 337,229 , up
380
$ 329,543 last month . October 2017 ASP was at the highest level
7.4 compared % from $ 313,865 to October in October of 2016 of and 2016 2015 and . up 2.3 % from
360
$ 329,543 last month . October 2017 ASP was at the highest level
340
N
D
J
F M A M J
J
Median
A S O N Sales D
J
F Price M A M and J J AAverage S O N DSales
J
F MPrice A M J
14
15
16
17
400
Median Sales Price and Average Sales Price
380
360
340
320
300
J
A S O
3 Mo Avg
3 Mo Avg
compared to October of 2016 and 2015 .
320
300
280
260
240
220
200
280
260
240
220
200
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
14
15
16
17
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
A S O
Inventory & MSI
14
15
16
17
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 2,892 of , up Properties 0.2 % from available 2,887 for last sale month as of and up
October
37.0 % from was 2,892 2,111 , in up October 0.2 % from of 2,887 last year last . month October and 2017 up
3,500
3,5003,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
3.0
3.0
2.5
37.0
Inventory % from was 2,111 at in its October highest of level last year compared . October with 2017 October of
3,0002,500
2.5
Inventory
2016 and was 2015 at . its highest level compared with October of
2,500
2016 and 2015 .
2,000
2.0
2,000
1,500
1.5
A comparatively lower MSI is more beneficial for sellers while
1,500 a
1,000
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial October for 2017 sellers MSI while of a 2.7
1.0
1,000 higher months MSI was is better at its highest for buyers level . The compared October with 2017 October MSI of 2.7 of 2016
500
0.5 months was at its highest level compared with October of 2016
500 and 2015 .
0 and 2015 .
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
14 J
F
15 M A M J
J A S O N D J
F M
16 A M J
J A S O N D J
F M A
17 M J
J A S O
14
15
16
17
2.0
1.5
1.0
0.5
0.0
794 1,013
794 1,013 634 776 1,036 1,121 1,329 1,529 1,495 1,414 1,212 1,025 814 1,087 668 919 1,253 1,185 1,387 1,471 1,387 1,479 1,281 1,086 979 1,143 722 883 1,218 1,235 1,452 1,599 1,418 1,528 1,238 1,075
1,834 1,539 1,590 1,567 1,611 1,770 1,926
Agent Name
Title Phone Website Other

Community Information | School District

634 776 1,036
1,834 1,539 1,590 1,567 1,611
1,121 1,329 1,529 1,495
2,121 2,298
1,770 2,121 1,926
2,298 2,229 2,125 2,075 1,414 1,212
Number of Properties Sold
1,025 814 1,087 668 919
2,229 2,125 2,075 1,936 1,755 1,774 1,813 1,892
1,936 1,755 1,774 1,813 1,892 1,982 2,019
1,253
1,982 1,185 1,387 1,471 1,387 1,479 1,281
2,019 2,212 2,346 2,244 2,201 2,111 1,086 979
1,963 1,770
2,212 2,346 2,244 2,201 2,111 1,963 1,770 1,777 1,833
2,083
1,143 722
2,206 2,430
2,723 883
1,777 1,833
2,083 1,218
3 Mo Avg
1,235 1,452
2,931 2,931 2,887 2,892
2,206 2,430
1,599 1,418
2,723 2,931 2,931
3 Mo Avg
1,528 1,238
2,887 2,892
1,075
14 | 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 .