DFW ARCHIVED October 2017 | Page 16

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

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
$ 328,002
3 %
10 %
Average List Price of all Current Listings
$ 352,634
4 %
19 %
October Median Sales Price
$ 236,250
-6%
-2%
9 %
10 %
$ 235,000
9 %
9 %
October Average Sales Price
$ 243,700
-8%
-5%
3 %
5 %
$ 249,313
9 %
7 %
Total Properties Currently for Sale ( Inventory )
610
3 %
41 %
October Number of Properties Sold
212
3 %
12 %
2,196
2 %
October Average Days on Market ( Solds )
46
15 %
15 %
-4%
-4%
46
0 %
-4%
Asking Price per Square Foot ( based on New Listings )
$ 119
1 %
1 %
13 %
14 %
$ 115
12 %
11 %
October Sold Price per Square Foot
$ 108
-5%
-3%
5 %
8 %
$ 109
10 %
9 %
October Month ' s Supply of Inventory
2.9
0 %
11 %
25 %
37 %
2.2
2 %
4 %
October Sale Price vs List Price Ratio
95.9 % -1.5% -1.4% -1.4% -1.4%
97.3 %
-0%
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
350
October Property sales were 212 , up 12.2 % from 189 in October
of 2016 and 2.9 % higher than the 206 sales last month . October
300
Property
2017 sales Sales were at their highest level compared to October of
350
October
2016 and Property 2015 . sales October were YTD 212 , sales up 12.2 of % 2,196 from are 189 running October 1.7 %
250
of ahead 2016 and of last 2.9 year % higher ' s year-to-date than the 206 sales sales of 2,160 last month . . October
2017 sales were at their highest level compared to October of
300
200
2016 and 2015 . October YTD sales of 2,196 are running 1.7 %
250
ahead of last year ' s year-to-date sales of 2,160 .
150
200
100
150
50
100
50
0
Prices
The Median Sales Price in October was $ 236,250 , up 8.9 % from
Prices
$ 217,000 in October of 2016 and down 5.7 % from $ 250,445
290
The last Median month Sales . The Price Average in October Sales Price was $ in 236,250 October , up was 8.9 $ % 243,700 from ,
$ up 217,000 2.7 % in from October $ 237,359 of 2016 in October and down of 5.7 2016 % from and $ down 250,445 7.9 % from
290
270
last
$ 264,650 month . last The month Average . October Sales Price 2017 in October ASP was was at the $ 243,700 highest , level up compared 2.7 % from to $ October 237,359 in of October 2016 and of 2015 2016 . and down 7.9 % from
270
$ 264,650 last month . October 2017 ASP was at the highest level
250
250
230
compared to October of 2016 and 2015 .
230
210
210
190
0
Number of Properties Sold
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
14
15
16
17
J
F M A M J
15
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
16
17
J
A S O
3 Mo Avg
Median Sales Price and Average Sales Price
151 170 119 138 200 167 227 228 249 229 223 198 178 185 132 140 215 219 234 286 242 253 250 189 205 201 144 170 219 223 259 249 247 267 206 212
N D 14
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
14
15
16
17
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 610 , up of Properties 3.2 % from available 591 last for month sale and as of up 40.6 %
October from 434 was in 610 October , up 3.2 of % last from year 591 . last October month 2017 and Inventory up 40.6 % was
700 at
700
600
Total Inventory & Month ' s Supply of Inventory ( MSI )
4.0
4.0
3.5
from its highest 434 in October level compared of last year with . October 2017 of 2016 Inventory and 2015 was . at
600
500
3.5
3.0
its highest level compared with October of 2016 and 2015 .
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 2017 sellers MSI while of a 2.9
200 higher months MSI was is better at its highest for buyers level . The compared October with 2017 October MSI of 2.9 of 2016 months was at its highest level compared with October of 2016
100 and 2015 . and 2015 .
0
400
300
200
100
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
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
3.0
2.5
2.0
1.5
1.0
0.5
0.0
A S O
2.5
2.0
1.5
1.0
0.5
0.0
454
151

Ellis

170
Agent Name
119
Title Phone Website Other

Community Information | School District

138 200 167 227 228 249 229 223
Number of Properties Sold
198 178 185 132 140
3 Mo Avg
3 Mo Avg
420
417 454
412 420
398 417
427 412
428 398
457 427
499 428 449 457
448 499
448 449
417 448
407 448
421
417 447 407 432 426
421
421 447
440 432
451 426
467 421
445 440
434 451
400 467
365 445
359 434
378 400
398 365 408
359 461 378 495 398
517
408 533 461 591 495 610 517
215 219 234 286 242 253 250 189 205 201 144 170 219 223 259 249 247 533
3 Mo Avg
267
591 206
610 212
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 .