DFW ARCHIVED October 2017 | Page 38

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

County : Wise

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
$ 297,995
5 %
10 %
Average List Price of all Current Listings
$ 344,152
5 %
17 %
October Median Sales Price
$ 200,000
-4%
0 %
14 %
15 %
$ 197,750
16 %
13 %
October Average Sales Price
$ 218,587
-4%
-4%
6 %
7 %
$ 225,139
11 %
10 %
Total Properties Currently for Sale ( Inventory )
252
3 %
8 %
October Number of Properties Sold
85
15 %
16 %
828
17 %
October Average Days on Market ( Solds )
63 -14% 15 %
26 %
0 %
61
-5%
-3%
Asking Price per Square Foot ( based on New Listings )
$ 126
5 %
2 %
18 %
14 %
$ 119
7 %
7 %
October Sold Price per Square Foot
$ 109
-2%
-1%
10 %
10 %
$ 109
11 %
10 %
October Month ' s Supply of Inventory
3.0 -10%
1 %
-8%
-12%
3.2
-3%
-6%
October Sale Price vs List Price Ratio
93.9 %
. 3 %
-. 8 % -2.8% -2.0%
95.3 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
120
October Property sales were 85 , up 16.4 % from 73 in October of
2016 and 14.9 % higher than the 74 sales last month . October
Property
2017 sales Sales were at their highest level compared to October of
120
100
October
2016 and Property 2015 . sales October were YTD 85 , up sales 16.4 of % 828 from are 73 running October 16.9 of %
2016 ahead and of 14.9 last % year higher ' s year-to-date than the 74 sales last of 708 month . . October
100
2017 sales were at their highest level compared to October of
80
2016 and 2015 . October YTD sales of 828 are running 16.9 % ahead of last year ' s year-to-date sales of 708 .
80
60
60
40

Wise

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in October was $ 200,000 , up 14.3 %
Prices from $ 175,000 in October of 2016 and down 4.2 % from The $ 208,750 Median last Sales month Price . in The October Average was Sales $ 200,000 Price , up in October 14.3 % was from $ 218,587 $ 175,000 , up in 5.8 October % from of $ 206,619 2016 and in down October 4.2 % of from 2016 and down 240 $ 4.4 208,750 % from last $ 228,714 month . The last Average month . Sales October Price 2017 in October ASP was was at the $ highest 218,587 , level up 5.8 compared % from $ 206,619 to October in October of 2016 of and 2016 2015 and . down 220 4.4 % from $ 228,714 last month . October 2017 ASP was at the 200 highest level compared to October of 2016 and 2015 .
180
Inventory & MSI
Inventory The Total Inventory & MSI of Properties available for sale as of The October Total Inventory was 252 , up of Properties 3.3 % from available 244 last for month sale as and of up 7.7 % October from 234 was in 252 October , up 3.3 of % last from year 244 . last October month 2017 and Inventory up 7.7 % was 300 at from its highest 234 in October level compared of last year with . October 2017 of 2016 Inventory and 2015 was . at 250 its highest level compared with October of 2016 and 2015 . 200 150 A comparatively lower MSI is more beneficial for sellers while a A higher comparatively MSI is better lower MSI for buyers is more . The beneficial October for 2017 sellers MSI while of a 3.0 100
higher months MSI was is better at its lowest for buyers level . The compared October with 2017 October MSI of 3.0 of 2016 50 months and 2015 was . at its lowest level compared with October of 2016 and 2015 . 0
40
20
0
160 140 120 100
20
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
14
15
16
17
N
D
J
F M A M J
14
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
240
Median Sales Price and Average Sales Price
3 Mo Avg
220
200
180
160
140
120
100
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
N
14
D
J
15
F M A M J
J
A S O N D
J
16
F M A M J
J
A S O N D
J
17
F M A M J
J
A S O
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
300
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
250
7.0
6.0
200
150
6.0
5.0
4.0
5.0
4.0
3.0
100
3.0
2.0
50
2.0
1.0
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
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
1.0
0.0
A S O
0.0
54 54 35 44 60 60 86 63 83 74 63 71 61 49 51 48 64 72 71 81 80 94 74 73 50 77 55 49 91 68 101 112 95 98 74 85
233
54 54 35 44 60 60 86 63 83 74 63 71 61 49 51 48
202
205 233
210 202
213 205
226 210
233 213
252 226
262 233 240 252
250 262
230 240
230 250
228 230
211 230
209
228 222 216
211
212 209
226 222
231 216
228 212
245 226
234 231
252 228
233 245
235 234
221 252
250 233 252
235
276 221 257
250 247
252 249
276 244
257
252 247
64 72 71 81 80 94 74 73 50 77 55 49 91 68 101 112 95 249
98
244 74
252 85
38 | 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 .