DFW ARCHIVED October 2017 | Page 8

Market Action Report
October 2017
County: Dallas
DALLAS
Market Action Report
Agent Name
October 2017
Title
Phone
Agent Name
Website
Title Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$1,699,999
-1%
-1%
Community
County: Dallas Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Median
List Price
all Current
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
Trending versus*:
Prior YTD Prior Year
YTD
Trending versus*:
$2,538,977 Trending
-1% versus*:
7%
Month
LM L3M PYM
LY
Prior YTD Prior Year
$1,390,000
2% -6% -3%
-5% YTD
$1,425,000
-2%
-3%
$1,699,999 -1%
-1%
$1,603,435 1% -7% -8% -8% $1,680,254
-4%
-4%
$2,538,977 -1%
7%
735 6%
35%
$1,390,000 2% -6% -3% -5% $1,425,000
-2%
-3%
75 14%
-6%
899
23%
$1,603,435 1% -7% -8% -8% $1,680,254
-4%
-4%
79
13%
5%
735 68
6% -24% -16%
35% -7% -9%
$398
-4%
1%
2%
0%
$395
0%
-1%
75 14%
-6%
899
23%
October Average
Sold Price
$364
-1%
October
Days per
on Square
Market Foot
(Solds)
68
-24% 2%
-16% 0%
-7% 1%
-9% 1%
79 $355
13% -1% 5%
October
Month's
Supply
of
Inventory
9.8
-7%
6%
44%
34%
7.6
1%
4%
Asking Price per Square Foot (based on New Listings)
$398 -4% 1% 2% 0%
$395
0%
-1%
October Sold
Sale Price
Price per
vs Square
List Price
0%
October
Foot Ratio
$364 92.9%
2% 2.3%
0% 1.4%
1% 1.1%
1% .3% $355 92.6%
-1% -0% -1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
October Month's Supply of Inventory
9.8 -7% 6% 44% 34%
7.6
1%
4%
of 92.6%
Properties
October Sale Price vs List Price Ratio
92.9% 2.3% 1.4% 1.1% Number
.3%
-0% Sold 0%
Average List Price of all Current Listings
Market Profile & Trends Overview
October Median Sales Price
Median List Price of all Current Listings
October Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
October Median Sales Price
October Number of Properties Sold
October Average Sales Price
October Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Number
Price per of Square
Foot Sold
(based on New Listings)
October
Properties
3 Mo Avg
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Number of Properties Sold
160
120
100
Prices
74
37
0
The Median Sales Price in October was $1,390,000, down 3.2%
2,000
Prices
from $1,435,450 in October of 2016 and up 1.7% from
The
Median Sales
Price in October
was $1,390,000,
3.2% was 1,900
$1,366,250
last month.
The Average
Sales Price down
in October
2,000
from
$1,435,450
in October
of 2016
and up 1.7%
from of 2016 and
$1,603,435,
down
7.8% from
$1,738,608
in October
$1,366,250
last
month.
The
Average
Sales
Price
in
October
was
up 0.5% from $1,595,027 last month. October 2017 ASP was at 1,900 1,800
$1,603,435,
down
7.8% from
$1,738,608
in October
of 2016 and
a mid range
compared
to October
of 2016
and 2015.
1,800 1,700
up 0.5% from $1,595,027 last month. October 2017 ASP was at
Median Sales Price and Average Sales Price
66
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 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
Median
Sales
Price
and
Average
Sales
Price
14
15
16
17
3 Mo Avg
0
20
20
40
40
60
60
80
80
a mid range compared to October of 2016 and 2015.
3 Mo Avg
140
October Property sales were 75, down 6.3% from 80 in October
of 2016 and 13.6% higher than the 66 sales last month. October
Property Sales
2017 sales were at a mid level compared to October of 2016 and 180
October Property sales were 75, down 6.3% from 80 in October
2015. October YTD sales of 899 are running 22.8% ahead of last
of 2016 and 13.6% higher than the 66 sales last month. October 160
year's year-to-date sales of 732.
2017 sales were at a mid level compared to October of 2016 and 140
2015. October YTD sales of 899 are running 22.8% ahead of last
120
year's year-to-date sales of 732.
100
180
Property Sales
3 Mo Avg
1,700 1,600
1,600 1,500
1,500 1,400
1,400 1,300
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 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 17
A M J J A S O
14 15
16
17
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of
800
The
Total Inventory
of Properties
for sale and
as of up 34.6%
October
was 735, up
6.1% from available
693 last month
800 700
October
was in 735,
up 6.1%
from year.
693 last
month
and Inventory
up 34.6% was at
from 546
October
of last
October
2017
from
546 in October
of last year.
Inventory
was at 700 600
its highest
level compared
with October
October 2017
of 2016
and 2015.
its highest level compared with October of 2016 and 2015.
600 500
500 400
400
300
A comparatively lower MSI is more beneficial for sellers while a 300
A higher
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
MSI is better for buyers. The October 2017 MSI of 9.8 200 200
higher MSI is better for buyers. The October 2017 MSI of 9.8
months was at its highest level compared with October of 2016 100 100
months was at its highest level compared with October of 2016
0
and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
and 2015.
0
Copyright
© coldwellbankerluxury.com
Coldwell
Banker
Residential
Brokerage
| Price
Range:
$1,000,000
and | Property
Up | Property
SFH - Con
8 Copyright
| © Coldwell
Banker
Residential
Brokerage
| Price
Range:
$1,000,000
and Up
Types: Types:
SFH - Con
Data
provided
courtesy
of North
Texas
Estate
Information
Systems,
Inc., Greater
Tyler Association
of REALTORS
not all reflect
all real
relevant
estate Coldwell
activity. Banker
Coldwell
Banker Residential
Data
is is
provided
courtesy
of North
Texas
Real Real
Estate
Information
Systems,
Inc., Greater
Tyler Association
of REALTORS
and may and
not may
reflect
relevant
estate real
activit y.
Residential
Brokerage Brokerage
does not not
warrant
or guarantee
accuracy
of this
information.
It is responsibility
the responsibility
any or
buyer
or to seller
verify
and all information
to such consumer’s
estate transaction.
does
warrant
or guarantee
the the
accuracy
of this
information.
It is the
of any of buyer
seller
verify to any
and any
all information
relevant relevant
to such consumer’s
real estate real
transaction.
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
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 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 D J F M A M J J A S O
14 15
16
17
14 15
16
17
1,300
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0