DFW ARCHIVED October 2017 | Page 8

Market Action Report
County: Cherokee
Cherokee
Agent Name
Title
Phone
Agent
Name
Website
Other
Title
Market Action Report
October 2017
Community Information | School District
Price Range: All | Properties: SFH - Con
Trending versus*:
Phone
Month
LM L3M PYM
LY
Website
$214,500
-11%
13%
Other
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
$308,089 Trending
-2% versus*:
10%
8%
L3M 1%
PYM 12%
LY
$214,500
-11% -29% -11%
13% -12%
$187,429
$308,089 199
-2% -2% 10% 6%
$160,000 8%
1% 12% 46%
24%
35 17%
$187,429 131
-29% 22%
-11% 16%
-12% 22%
12%
199 $90
-2% -10% -6%
6% 10%
35 17%
46%
$81 -20% -11%
-21%
131 22% 16% 22% 34%
5.7 -16% -1% -27%
$90 -10% -6% 10% -5%
90.3% -.4% -1.7% -2.5%
Average List Price of all Current Listings
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
October
Sales
Price
October Median
Number
of Properties
Sold
October
Sales
Price
October Average
Average
Days
on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
October Number of Properties Sold
October Sold Price per Square Foot
October Average Days on Market (Solds)
October Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
October Sale Price vs List Price Ratio
October
Sold Price per Square Foot
$81 -20% -11% -21%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
October Sale Price vs List Price Ratio
Property
Sales
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
50
45
21% 21%
13% 16%
11%
7%
15%
5%
8%
1%
15%
8%
9%
2%
1%
3 Mo Avg
Number of Properties Sold
3 Mo Avg
35
Prices
The Median Sales Price in October was $160,000, up 11.9%
from $143,000 in October of 2016 and up 7.8% from $148,400
Prices
last Median
month. Sales
The Price
Average
Sales Price
in October up
was
$187,429,
The
in October
was $160,000,
11.9%
350
down
12.4% from
$213,867
in October
2016
and $148,400
down 28.8%
from
$143,000
in October
of 2016
and up of
7.8%
from
last
month.
The Average
Sales October
Price in October
was
$187,429,
from
$263,387
last month.
2017 ASP
was
at the lowest
300
down
from to
$213,867
of 2016
and down 28.8%
level 12.4%
compared
October in of October
2016 and
2015.
15
22
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
0
0
5
10 10
15 15
20 20
25 25
30 35
30
40
5
from $263,387 last month. October 2017 ASP was at the lowest
level compared to October of 2016 and 2015.
$155,592
23%
283
$193,949
16%
34%
113
-5%
$103
283
21%
1%
$87
113
13%
-31%
8.5
$103
11%
.3%
90.9%
40
2017 sales were at their highest level compared to October of
2016 and 2015. October YTD sales of 283 are running 21.5%
ahead of last year's year-to-date sales of 233.
24% YTD
$155,592
Prior YTD 23%
Prior Year 21%
12%
$193,949
16%
16%
1%
$87
7%
9%
5.7 -16% -1% -27% -31%
8.5
5%
2%
of 90.9%
Properties
90.3% -.4% -1.7% -2.5% Number
.3%
1% Sold 1%
October Month's Supply of Inventory
October Property sales were 35, up 45.8% from 24 in October of
2016 and 16.7% higher than the 30 sales last month. October
Property
2017 sales Sales
were at their highest level compared to October of 50
October
Property
were YTD
35, up
45.8%
from
24 running
in October
of
2016 and
2015. sales
October
sales
of 283
are
21.5%
45
2016
and
higher year-to-date
than the 30 sales last
month. October
ahead
of 16.7%
last year's
of 233.
Trending versus*:
Prior YTD Prior Year
YTD
Trending versus*:
$160,000
Month
LM
October Profile
Median & Sales
Price
Market
Trends
Overview
Median
List
Price of Sales
all Current
October
Average
Price Listings
County: Cherokee
October 2017
N D J F M A M J J A Median
S O N D Sales
J F M Price
A M J and
J A Average
S O N D Sales
J F M Price
A M J J A S O
3 Mo Avg
14
15
16
17
350
Median Sales Price and Average Sales Price
300
3 Mo Avg
250
250 200
200 150
150 100
100
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 A S O
14
15
16
17
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 A S O
14
15
16
17
150
A comparatively lower MSI is more beneficial for sellers while a
A higher
comparatively
lower MSI
is more The
beneficial
for 2017
sellers MSI
while
MSI is better
for buyers.
October
of a 5.7 100
higher
MSI
is better
for buyers.
October with
2017 October
MSI of 5.7
months
was
at its lowest
level The
compared
of 2016 50
months
was at its lowest level compared with October of 2016
and 2015.
and 2015.
0
16.0
14.0
12.0
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
200
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: SFH - Con
All e
| Property
8 Copyright
| © Coldwell
c o l Banker
d w Residential
e l l b Brokerage
a n k | e Price
r Range:
hom
s . c Types:
o m 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
Data is provi ded 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
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
the responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of
300
October
was 199, down
2.5% from
204 last
and up 6.4%
The
Total Inventory
of Properties
available
for month
sale as of
300 250
from 187
in 199,
October
last from
year. 204
October
2017 and
Inventory
October
was
down of
2.5%
last month
up 6.4% was at
its highest
level compared
with October
October
of 2016
and 2015.
from
187 in October
of last year.
2017
Inventory
was at 250
200
its highest level compared with October of 2016 and 2015.
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0