DFW ARCHIVED September 2016 | Page 24

Smith Community Information | School District

Smith Community Information | School District

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
$ 1,399,900
1 %
-0%
Average List Price of all Current Listings
$ 1,814,385
2 %
15 %
September Median Sales Price
$ 0
-100% -100% -100% -100%
$ 1,270,000
15 %
17 %
September Average Sales Price
$ 0
-100% -100% -100% -100%
$ 1,290,037
17 %
19 %
Total Properties Currently for Sale ( Inventory )
41
-7%
46 %
September Number of Properties Sold
0 -100%
-100%
9
50 %
September Average Days on Market ( Solds )
0 -100% -100% -100% -100%
50
-26%
-19%
Asking Price per Square Foot ( based on New Listings )
$ 395
53 %
46 %
90 %
49 %
$ 295
18 %
11 %
September Sold Price per Square Foot
$ 0
-100% -100% -100% -100%
$ 209
9 %
11 %
September Month ' s Supply of Inventory
0.0 -100% -100% -100% -100%
23.3
17 %
25 %
September Sale Price vs List Price Ratio
0.0 % -100.0% -100.0% -100.0% -100.0%
88.5 %
8 %
4 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
3 Mo Avg
Property Sales September Property sales were 0 , down 100.0 % from 1 in September of 2015 and 100.0 % lower than the 2 sales last month . September 2016 sales were at their lowest level compared to September of 2015 and 2014 . September YTD sales of 9 are running 50.0 % ahead of last year ' s year-to-date sales of 6 .
Prices The Median Sales Price in September was $ 0 , down 100.0 % from $ 1,225,000 in September of 2015 and down 100.0 % from $ 1,539,050 last month . The Average Sales Price in September was $ 0 , down 100.0 % from $ 1,225,000 in September of 2015 and down 100.0 % from $ 1,539,050 last month . September 2016 ASP was at a mid range compared to September of 2015 and 2014 .
5 4 4 3 3 2 2 1 1 0 -1
1,700 1,600 1,500 1,400 1,300 1,200 1,100 1,000
Number of Properties Sold
3 Mo Avg
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
Median Sales Price and Average Sales Price
3 Mo Avg
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
1 0 2 0 0 0 0 0 0 1 0 0 0 0 0 0 0 2 2 0 0 0 1 1 2 0 0 0 1 1 1 0 4 0 2 0
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of September was 41 , down 6.8 % from 44 last month and up 46.4 % from 28 in September of last year . September 2016 Inventory was at its highest level compared with September of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The September 2016 MSI of 0.0 months was at a mid level compared with September of 2015 and 2014 .
50 40 30 20 10 0
50
Total Inventory & Month ' s Supply of Inventory ( MSI )
40
35.0
30.0
30
25.0
20
20.0
15.0
10
10.0
0
5.0
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 N13D
J
F
14 M A M J
13
14
J
A S O N D
J
F M15A M J
15
J
A S O N D
J
F M
16 A M J
16
J
A S
19
19
19
16
19
17
20 16 17
18
22 20
18 24
27 22
24 31
27
28
31
26
28
23
26
22
23
20
22
22
20 25
23
22
23
23
23
25
27
26
28
28
26
25
25
27 28
34 29
27 23 26 28
23
28 26 25 25 27 28 29 29 29
41
29
44
29
34 41
41
44
41
35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
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