Market Action Report September 2016
Community Information | School District
Market Action Report September 2016
County : Tarrant
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 |
$ 1,499,950 |
0 % |
|
6 % |
|
|
|
|
Average List Price of all Current Listings |
$ 2,072,028 |
1 % |
|
17 % |
|
|
|
|
September Median Sales Price |
$ 1,312,500 |
-9% |
-3% |
5 % |
1 % |
$ 1,338,755 |
3 % |
3 % |
September Average Sales Price |
$ 2,434,722 |
50 % |
45 % |
79 % |
61 % |
$ 1,603,342 |
4 % |
6 % |
Total Properties Currently for Sale ( Inventory ) |
256 |
5 % |
|
47 % |
|
|
|
|
September Number of Properties Sold |
19 -27% |
58 % |
167 |
2 % |
September Average Days on Market ( Solds ) |
83 -26% -19% -39% -22% |
111 |
3 % |
5 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 279 |
-8% |
-24% -17% |
-6% |
$ 325 |
11 % |
10 % |
September Sold Price per Square Foot |
$ 713 |
173 % 100 % 218 % 183 % |
$ 312 |
24 % |
24 % |
September Month ' s Supply of Inventory |
13.5 |
44 % |
12 % |
-7% |
20 % |
13.1 |
27 % |
17 % |
September Sale Price vs List Price Ratio |
91.5 %
1.6 % -1.1% 4.0 %
|
-. 2 % |
92.7 % |
1 % |
1 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales September Property sales were 19 , up 58.3 % from 12 in September of 2015 and 26.9 % lower than the 26 sales last Property month . September Sales 2016 sales were at their highest level 35
September compared Property to September sales were of 2015 19 , up and 58.3 2014 % from . September 12 in YTD September sales of 167 of are 2015 running and 26.9 2.5 %% lower ahead than of the last 26 year sales ' s year-to-date last 30 month sales . of September 163 . 2016 sales were at their highest level compared to September of 2015 and 2014 . September YTD 25 sales of 167 are running 2.5 % ahead of last year ' s year-to-date sales of 163 . 20 15 10
35 30 25 20 15 10 5
Number of Properties Sold
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 |
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 $ 1,312,500 , up 5.0 %
2,500
Prices from $ 1,250,000 in September of 2015 and down 8.5 % from
Median Sales Price and Average Sales Price
3 Mo Avg
The
$ 1,435,000 Median Sales last month Price in . September The Average was Sales $ 1,312,500 Price in , up September 5.0 %
2,300
2,500 from was $ 1,250,000 2,434,722 in , up September 79.1 % from of 2015 $ 1,359,158 and down in September 8.5 % from of 2015
$ and 1,435,000 up 50.0 last % month from $ . 1,623,155 The Average last Sales month Price . September in
2,100 2016
2,300
|
|
was
ASP $ 2,434,722 was at the , up highest 79.1 % level from compared $ 1,359,158 to in September of 2015 and
2,100
1,900 and
2014 up . 50.0 % from $ 1,623,155 last month . September 2016
ASP was at the highest level compared to September of 2015 and
1,9001,700
|
2014 . |
1,7001,500 |
10
10
1,5001,300
Tarrant
9 13 12 9
1,3001,100 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 256 of , up Properties 5.3 % from available 243 last for month sale as of and up 47.1 %
300 25.0
September from 174 in was September 256 , up 5.3 of % last from year 243 . September last month and 2016 up Inventory 47.1 %
300 250 25.0
20.0 from was 174 at its in highest September level of compared last year . September with September 2016 Inventory of 2015 and
250 20.0 was 2014 at .
200 its highest level compared with September of 2015 and
15.0 2014 .
200 150
15.0
150 10.0
A comparatively lower MSI is more beneficial for sellers while a 100 10.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial September for sellers 2016 while MSI a of 100 50
5.0 higher 13.5 months MSI is better was at for its buyers lowest . level The September compared 2016 with MSI September of of 50 5.0
13.5 2015 months and 2014 was . at its lowest level compared with September of 0 0.0
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
171 172
9
143 157
13
Agent Name
Title Phone Website Other
Community Information | School District
171 172
12
159 143 157
9 159
169 175
11 169
16 175
177 173
19 177
30 173
170 157
17 170
150 158
19 157
141 11 150
Number of Properties Sold
11 16 19 30 17 19 11 13 7
13 11 158
118 139
7
141 11
138 118 156 139 8 12
173 138 170
156 14 173
16
159 163
170 169
18 159
27 163
174 173
32 169
24 174
163 139
12
8 12 14 16 18 27 32 24 12 11 9
173 11 163
141 166
9
190 204
139
18 10 7 18 10
12 16 28 30 19 26 19
141
166 219 7
232 250
190 12
204
3 Mo Avg
219 16
232
243 256
28 250
30 243
3 Mo Avg
19
256 26 19
Copyright © Coldwell Banker Residential Brokerage | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
26 | 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 .