DFW ARCHIVED September 2016 | Page 15

Market Action Report

County: Henderson

September 2016

Henderson
Agent Name
Title
Phone
Website
Other

Community Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Con

Days On Market for Sold Properties
Market Time

The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for September was 14, down 90.3%
from 144 days last month and down 76.7% from 60 days in
September of last year. The September 2016 DOM was at its
lowest level compared with September of 2015 and 2014.

3 Mo Avg

800
700
600
500
400
300
200
60

100

14

0
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Selling Price per Square Foot

Selling Price per Square Foot

The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is
a more normalized indicator on the direction of Property values.
The September 2016 Selling Price per Square Foot of $272 was
up 5.8% from $257 last month and down 49.2% from 536 in
September of last year.

3 Mo Avg

536

550
500
450
400
350

272

300
250

200
150
100
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Selling Price versus Listing Price Ratio

Selling Price vs Original Listings Price

The Selling Price vs Original Listing Price reveals the average
120%
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more 100%
of a Seller's market. The September 2016 Selling Price vs
80%
Original List Price of 91.6% was up from 83.6% last month and
down from 93.6% in September of last year.
60%

3 Mo Avg

Avg Selling Price divided by Avg Listing Price for sold properties during the month
93.6%

91.6%

40%
20%
0%
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16

19
17

11

11

11
9

10

11

6

6

6

7

3

4

4

6

7

7

7

8

8

9

11

14
11

14

13

12
10

10
8

8
7
6

7

20
18
16
14
12
10
8
6
4
2
0

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Inventory / New Listings / Sales

Inventory / New Listings / Sales

This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The
graph shows the basic annual seasonality of the market as well
as the relationship between these items. The number of New
Listings in September 2016 was 1, down 50.0% from 2 last
month and up from 0 in September of last year.

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Copyright © Coldwell Banker Residential Brokerage | Price Range: $1,000,000 and Up | 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.

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