DFW ARCHIVED September 2016 | Page 8

Market Action Report September 2016
Community Information | School District
Market Action Report September 2016

County : Dallas

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
$ 1,782,000
-0%
2 %
Average List Price of all Current Listings
$ 2,600,631
-3%
-1%
September Median Sales Price
$ 1,441,000
-2%
-1%
-2%
-2%
$ 1,470,000
-2%
0 %
September Average Sales Price
$ 1,820,906
11 %
6 %
-2%
3 %
$ 1,733,627
-3%
-2%
Total Properties Currently for Sale ( Inventory )
726
18 %
81 %
September Number of Properties Sold
86
8 %
43 %
651
1 %
September Average Days on Market ( Solds )
85
-4%
10 %
25 %
29 %
69
8 %
5 %
Asking Price per Square Foot ( based on New Listings )
$ 416
5 %
4 %
-3%
3 %
$ 406
2 %
1 %
September Sold Price per Square Foot
$ 366
6 %
3 %
-3%
3 %
$ 360
1 %
1 %
September Month ' s Supply of Inventory
8.4
10 %
-3%
26 %
38 %
8.6
40 %
41 %
September Sale Price vs List Price Ratio
90.9 % -2.2% -1.5% -3.1% -3.1%
93.2 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales
120 September Property sales were 86 , up 43.3 % from 60 in September of 2015 and 7.5 % higher than the 80 sales last 100 Property month . September Sales 2016 sales were at their highest level 120
September compared Property to September sales were of 2015 86 , up and 43.3 2014 % . from September 60 in YTD September of 2015 and 7.5 % higher than the 80 sales last
80 sales of 651 are running 0.9 % ahead of last year ' s year-to-date 100 month sales . of September 645 . 2016 sales were at their highest level
compared to September of 2015 and 2014 . September YTD 60
80 sales of 651 are running 0.9 % ahead of last year ' s year-to-date sales of 645 .
40
60
40 20
Number of Properties Sold
20
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
Median
J
A S O NSales D
J Price F M A Mand J JAverage
A S O NSales D
J FPrice M A M J
J
A S
13
14
15
16
3 Mo Avg
The Median Sales Price in September was $ 1,441,000 , down
2,100
Prices
1.6 % from $ 1,465,000 in September of 2015 and down 1.8 %
Median Sales Price and Average Sales Price
3 Mo Avg
The from Median $ 1,467,500 Sales Price last month in September . The Average was $ 1,441,000 Sales Price , down in
2,000
2,100
1.6
September % from $ 1,465,000 was $ 1,820,906 in September , down of 1.72015 % from and $ down 1,853,337 1.8 % in
1,900 from
September $ 1,467,500 of 2015 last month and up . 10.8 The % Average from $ Sales 1,643,640 Price in last month .
2,000 was $ 1,820,906 , down 1.7 % from $ 1,853,337 in
1,800
September 2016 ASP was at a mid range compared to
1,900
September of of 2015 2015 and and up 2014 10.8 %. from $ 1,643,640 last month .
September 2016 ASP was at a mid range compared to
September of 2015 and 2014 .
1,700
1,800
1,600
1,700
1,600
1,500
1,5001,400
1,4001,300
1,300
O
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
13
14
15
16
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
J
A S
Inventory & MSI
13
14
15
16
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
September Total Inventory was 726 of , up Properties 17.9 % from available 616 last for sale month as of and up
September
80.6 % from was 402 726 in , up September 17.9 % from of 616 last last year month . September and up 2016
800
800
700
Total Inventory & Month ' s Supply of Inventory ( MSI )
16.0
80.6
Inventory % from was 402 at in its September highest level of last compared year . September with September 2016 of
700
600
14.0
Inventory
2015 and was 2014 at . its highest level compared with September of 2015 and 2014 .
600
500
500
400
12.0
10.0
400
300
A comparatively lower MSI is more beneficial for sellers while a
300
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial September for sellers 2016 while MSI a
200 of 8.4
200 higher months MSI was is better at its highest for buyers level . The compared September with 2016 September MSI of 8.4 of
100 months was at its highest level compared with September of
100
2015 and 2014 .
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
8.0
6.0
4.0
2.0
J0.0A S
O
N13 D 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
45 52 50 28 55 63 76 88 77 80 62 49 63 54 63 21 51 79 92 88 103 88 63 60 56 57 83 31 37 74 86 95 97 65 80 86
407 380

Dallas

45 52
327 332
Agent Name
50
Title Phone Website Other

Community Information | School District

407 380
28
369 327 332
55 369
408 418
63 408
76
418
435 461
88
435
443 408
77
461 443
80 408
402 375
62 402 356
Number of Properties Sold
49 375
63 356
273 301
54 273
63
326 356 301
21 326
51
383 413 356
79 383
408 382
92 413 389
88 408
103 382
402 417
88 389 397
63 402 307
60 417 357
56
467 397 57
534 583
307 83
357 617
31
467 37
660 644
534 583
74
617 726 660
616
3 Mo Avg
86 95
644 97 616
3 Mo Avg
65
726 80 86
16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
Copyright © Coldwell Banker Residential Brokerage | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
8 | 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 .