Market Action Report September 2016
Community Information | School District
Market Action Report September 2016
County : Denton
Price Range : $ 1,000,000 and Up | 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 |
$ 1,395,000 |
-0% |
|
-0% |
|
|
|
|
Average List Price of all Current Listings |
$ 1,865,957 |
0 % |
|
-2% |
|
|
|
|
September Median Sales Price |
$ 1,115,000 |
-1% |
-3% |
-0% |
-13% |
$ 1,200,000 |
-6% |
-6% |
September Average Sales Price |
$ 1,311,128 |
-20% |
-6% |
11 % |
-10% |
$ 1,441,401 |
5 % |
-1% |
Total Properties Currently for Sale ( Inventory ) |
101 |
-1% |
|
25 % |
|
|
|
|
September Number of Properties Sold |
7 |
17 % |
|
133 % |
|
71 |
69 % |
|
September Average Days on Market ( Solds ) |
141
182 % 21 %
|
34 % |
26 % |
131 |
60 % |
17 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 244 |
-2% |
-12% -24% -16% |
$ 269 |
-12% |
-8% |
September Sold Price per Square Foot |
$ 289 |
-23% |
9 % |
32 % |
24 % |
$ 249 |
17 % |
7 % |
September Month ' s Supply of Inventory |
14.4 -15% |
-3% |
-47% -28% |
13.2 |
-40% |
-34% |
September Sale Price vs List Price Ratio |
93.8 % -2.9% -. 6 % 8.2 % 1.6 % |
92.8 % |
1 % |
0 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales 14
September Property sales were 7 , up 133.3 % from 3 in Number of Properties Sold
3 Mo Avg
September of 2015 and 16.7 % higher than the 6 sales last 12 Property month . September Sales 2016 sales were at their highest level 14 September compared Property to September sales were of 2015 7 , up and 133.3 2014 % from . September 3 in YTD 10 September sales of 71 of are 2015 running and 16.7 69.0 % higher % ahead than of last the 6 year sales ' s year-to-date last 12 month sales . of September 42 . 2016 sales were at their highest level
8 compared to September of 2015 and 2014 . September YTD 10 sales of 71 are running 69.0 % ahead of last year ' s year-to-date 6 sales of 42 .
8 4
6 2
4 0
2 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
0 13 14
15 16
Prices
O N D J F M A M J JMedian A S O NSales D J FPrice M A Mand J JAverage A S O N Sales D J FPrice M A M J J A S
13 14 15
16
3 Mo Avg The Median Sales Price in September was $ 1,115,000 , down
Prices 0.3 % from $ 1,118,000 in September of 2015 and down 0.8 % 4,100 Median Sales Price and Average Sales Price
3 Mo Avg
The from Median $ 1,124,500 Sales Price last month in September . The Average was $ 1,115,000 Sales Price , down in 0.3 % from $ 1,118,000 in September of 2015 and down 0.8 % 4,100
3,600
September was $ 1,311,128 , up 11.0 % from $ 1,181,667 in from September $ 1,124,500 of 2015 last month and down . The 20.4 Average % from Sales $ 1,646,900 Price in last
3,6003,100
September month . September was $ 1,311,128 2016 , up ASP 11.0 was % from at a mid $ 1,181,667 range compared in to September of of 2015 2015 and and down 2014 20.4 . % from $ 1,646,900 last 3,1002,600 month . September 2016 ASP was at a mid range compared to September of 2015 and 2014 .
2,6002,100
5
2,1001,600
Denton
1,6001,100 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
1,100 13 14
15
16 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 13 14
15 16
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
September Total Inventory
was 101 of
, down Properties
1.0 % available
from 102 for
last sale
month as of and up 120
September 24.7 % from was 81101 in , September down 1.0 % of from last 102 year last . September month and 2016 up
120 100 90.0
24.7 Inventory % from was 81 in at September its highest of level last year compared . September with September 2016 of 80.0
100
Inventory 2015 and was 2014 at .
80 its highest level compared with September of
70.0
2015 and 2014 . 80
60
60.0 50.0
60 A comparatively lower MSI is more beneficial for sellers while a 40
40.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial September for sellers 2016 while MSI a of 40 30.0
20 higher 14.4 months MSI is better was at for its buyers lowest . level The September compared 2016 with MSI September of of
20.0
20 14.4 2015 months and 2014 was . at its lowest level compared with September of 0
10.0
2015 and 2014 .
0 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 J0.0A S O N13
D J F 14 M A M J J A S O N D J F M15A M J J A S O N D J F M 16 A M J J A S 13 14
15
16
79 78
3
64 65
4
Agent Name
72
Title Phone Website Other
Community Information | School District
79 78
64 2
65 82 2
72 90 1 82 84
3 90 91
8 84 94
6 91 87
4 94
81 76
3 87
69 5 81
Number of Properties Sold
4
76
47 53
3
69
65 47
8 74 53
2 80 65
4 88 74
2 80
2
91 90
88 92
8 91
7 90
81 78
5 92 77
9 81 68
3 78
5 77
75 76
4 9
86 90
68
5 3 4 2 2 1 3 8 6 4 3 5 4 3 8 2 4 2 2 8 7 5 9 3 5 4 9 6 3 8
6 11
75
76 92
3 9
95 86 105
8 13
90 92
11 95
102 101
9 105
13
8 6 7
102
3 Mo Avg
8
101 6 7
90.0 80.0 70.0 60.0 50.0 40.0 30.0 20.0 10.0 0.0
Copyright © Coldwell Banker Residential Brokerage | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
10 | c o l d w e l l b a n k e r h o m e s . c o m
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 .