DFW ARCHIVED October 2017 | Page 36

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

County : Van Zandt

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
$ 245,000
-1%
23 %
Average List Price of all Current Listings
$ 291,877
0 %
4 %
October Median Sales Price
$ 159,500
5 %
5 %
25 %
17 %
$ 150,000
15 %
10 %
October Average Sales Price
$ 189,436
15 %
7 %
22 %
17 %
$ 180,172
16 %
11 %
Total Properties Currently for Sale ( Inventory )
251
14 %
13 %
October Number of Properties Sold
66
29 %
38 %
599
25 %
October Average Days on Market ( Solds )
94
74 %
32 %
19 %
15 %
73
-11%
-11%
Asking Price per Square Foot ( based on New Listings )
$ 107
-6%
1 %
11 %
15 %
$ 102
11 %
10 %
October Sold Price per Square Foot
$ 98
6 %
5 %
20 %
19 %
$ 92
14 %
11 %
October Month ' s Supply of Inventory
3.8 -12%
0 %
-18% -15%
4.0
-8%
-11%
October Sale Price vs List Price Ratio
91.7 % -3.4% -1.6% . 8 %
-. 0 %
94.0 %
3 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
100
October Property sales were 66 , up 37.5 % from 48 in October of
2016 and 29.4 % higher than the 51 sales last month . October
90
Property
2017 sales Sales were at their highest level compared to October of
100
80
October
2016 and Property 2015 . sales October were YTD 66 , up sales 37.5 of % 599 from are 48 running October 24.8 of %
2016 ahead and of 29.4 last % year higher ' s year-to-date than the 51 sales last of 480 month . . October
2017 sales were at their highest level compared to October of
90
80
70
60
2016 and 2015 . October YTD sales of 599 are running 24.8 %
70
50
ahead of last year ' s year-to-date sales of 480 .
60
40
50
30

Van Agent Zandt Name Title Phone Website Other

Community Information | School District

40 30
20 10
Number of Properties Sold
33 44 27 36 48 51 52 56 52 45 42 41 17 39 31 48 37 49 46 64 41 68 48 48 45 40 38 39 58 72 64 95 49 67 51 66
295
250 33 295 244
44 250 234
27 244 220
36 234 211
48 220
215 206
51
211
215 241 206
214
52 56 216
52
214 241
45
231 238
42
Number of Properties Sold
20
0
10
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 $ 159,500 , up 25.1 % from
Prices
$ 127,500 in October of 2016 and up 5.3 % from $ 151,500 last
The month Median . The Sales Average Price Sales in October Price was in October $ 159,500 was , up $ 25.1 189,436 % from , up
250
$
22.0 127,500 % from in October $ 155,238 of 2016 in October and up of 5.32016 % from and $ 151,500 up 14.6 % last from month . The Average Sales Price in October $ 189,436 , up
230
$ 165,344 last month . October 2017 ASP was at the highest level
22.0 compared % from to $ 155,238 October in of October 2016 and of 2016 2015 and . up 14.6 % from
210
$ 165,344 last month . October 2017 ASP was at the highest level
190
N
D
J
F M A M J
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
14
15
16
17
250
Median Sales Price and Average Sales Price
230
210
190
170
150
J
A S O
3 Mo Avg
3 Mo Avg
compared to October of 2016 and 2015 .
170
150
130
110
90
70
50
130
110
90
70
50
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 251 , up of Properties 14.1 % from available 220 last for month sale as and of up 13.1 %
October from 222 was in 251 October , up 14.1 of % last from year 220 . October last month 2017 and Inventory up 13.1 % was
350 at
350
300
Total Inventory & Month ' s Supply of Inventory ( MSI )
16.0
16.0
14.0
from its highest 222 in October level compared of last year with . October 2017 of 2016 Inventory and 2015 was . at
300
250
14.0
12.0
its highest level compared with October of 2016 and 2015 .
250
200
A comparatively lower MSI is more beneficial for sellers while
150 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial October for 2017 sellers MSI while of a 3.8
100 higher months MSI was is better at its lowest for buyers level . The compared October with 2017 October MSI of 3.8 of 2016 months was at its lowest level compared with October of 2016
50 and 2015 . and 2015 .
0
12.0
200
10.0
150
8.0
100
6.0
50
4.0
2.0
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
10.0
8.0
6.0
4.0
2.0
0.0
41 17 39 31 48 37 49 46 64 41
3 Mo Avg
216 221
231 185
238 191
221
188 195
185
194 191
203 188
215 195
208 194
208 203
222 215
221 208
213 208
226 222
219 221 202
213 217 226
216
219 225 202 235 217
218 216
220
225 251
235
68 48 48 45 40 38 39 58 72 64 95
218 49 220
3 Mo Avg
67
251 51 66
36 | 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 .