DFW ARCHIVED October 2017 | Page 34

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

County : Tarrant

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
$ 292,000
2 %
-1%
Average List Price of all Current Listings
$ 426,328
0 %
3 %
October Median Sales Price
$ 214,000
-0%
-3%
7 %
8 %
$ 219,000
12 %
11 %
October Average Sales Price
$ 258,333
-3%
-4%
5 %
5 %
$ 267,752
10 %
9 %
Total Properties Currently for Sale ( Inventory )
4,407
1 %
24 %
October Number of Properties Sold
2,141
-7%
-2%
22,952
0 %
October Average Days on Market ( Solds )
36
9 %
16 %
6 %
6 %
32
-3%
-6%
Asking Price per Square Foot ( based on New Listings )
$ 124
-1%
2 %
10 %
11 %
$ 121
9 %
8 %
October Sold Price per Square Foot
$ 118
1 %
0 %
10 %
11 %
$ 116
10 %
9 %
October Month ' s Supply of Inventory
2.1
9 %
10 %
27 %
37 %
1.6
9 %
9 %
October Sale Price vs List Price Ratio
96.9 %
-. 9 % -1.1% -. 6 % -1.2%
98.3 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
3,000 October Property sales were 2,141 , down 2.2 % from 2,190 in October of 2016 and 6.6 % lower than the 2,292 sales last month .
2,500 Property October 2017 Sales sales were at a mid level compared to October of 3,000 October 2016 and Property 2015 . sales October were YTD 2,141 sales , down of 2.2 22,952 % from are 2,190 running 0.4 %
2,000 October ahead of last 2016 year and ' s 6.6 year-to-date % lower than sales the of 2,292 22,868 sales . last month .
2,500
October 2017 sales were at a mid level compared to October of 2016 and 2015 . October YTD sales of 22,952 are running 0.4 % 1,500
2,000 ahead of last year ' s year-to-date sales of 22,868 .
1,000 1,500
1,000

Tarrant

500
1,582 1,922
Number of Properties Sold
500 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 14 15 16
17
Prices
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 J A S O
14 15 16
17
3 Mo Avg The Median Sales Price in October was $ 214,000 , up 7.1 % from
Prices $ 199,900 in October of 2016 and down 0.5 % from $ 215,000 290 Median Sales Price and Average Sales Price
3 Mo Avg
The last Median month Sales . The Price Average in October Sales Price was $ in 214,000 October , up was 7.1 % $ 258,333 from , $ up 199,900 5.0 % in from October $ 245,951 of 2016 in October and down of 0.5 2016 % from and $ down 215,000 3.4 % from 270
290 last $ 267,400 month . last The month Average . October Sales Price 2017 in October ASP was was at the $ 258,333 highest , level 250
up compared 5.0 % from to $ October 245,951 in of October 2016 and of 2015 2016 . and down 3.4 % from 270 $ 267,400 last month . October 2017 ASP was at the highest level 230
250 compared to October of 2016 and 2015 . 230
210
210 190
190 170
170 150 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 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 14 15
16 17
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 4,407 of , up Properties 1.4 % from available 4,346 last for sale month as of and up 5,000
2.5
October 23.9 % from was 4,407 3,558 , up in 1.4 October % from of 4,346 last year last . month October and 2017 up 5,000 2.5
4,000 2.0
23.9 Inventory % from was 3,558 at in its October highest of level last year compared . October with 2017 October of 4,000
2.0 Inventory 2016 and was 2015 at . its highest level compared with October of
3,000 1.5
2016 and 2015 . 3,000
1.5
2,000 1.0
A comparatively lower MSI is more beneficial for sellers while 2,000 a 1.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial October for 2017 sellers MSI while of a 2.1 1,000 0.5 higher months MSI was is better at its highest for buyers level . The compared October with 2017 October MSI of 2.1 of 20161,000 0.5 months and 2015 was . at its highest level compared with October of 2016 0
0.0 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
1,582 1,922 1,307 1,447 2,071 2,122 2,450 2,738 2,745 2,680 2,279 2,022 1,696 2,179 1,501 1,746 2,276 2,338 2,425 2,746 2,534 2,716 2,396 2,190 2,042 2,113 1,434 1,742 2,298 2,240 2,653 2,840 2,645 2,667 2,292 2,141
3,572 3,008 3,060 3,087
Agent Name
Title Phone Website Other

Community Information | School District

1,307 1,447 2,071
3,572 3,008 3,060 3,087 3,123
3,123 3,280 3,515
2,122
3,765
2,450 2,738 2,745 2,680 2,279
4,010 4,052 4,088 3,944
3,631 3,189 3,012 3,034
3,280 3,515 3,765 4,010
Number of Properties Sold
2,022 1,696 2,179 1,501 1,746
3,052 3,268 3,244
3,566 2,276
4,052 4,088 3,944
3,631 3,189 3,012 3,034 3,052 3,268 2,338 2,425 2,746 2,534 2,716 2,396
3,244 3,566 3,792 3,707 3,638 3,558
2,190
3,792 3,707 3,638 3,558
3,208 2,924 2,852 2,856
2,042 2,113
3,208 2,924 2,852
3,089 3,270
1,434
3,581
4,027 1,742 2,298
2,856 3,089 3,270
3 Mo Avg
2,240 2,653
4,290 4,388 4,346 4,407
3,581
2,840 2,645
4,027 4,290 4,388
3 Mo Avg
2,667 2,292
4,346 4,407
2,141
34 | 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 .