DFW ARCHIVED September 2017 | Page 14

Market Action Report September 2017
Community Information | School District
Market Action Report September 2017

County : Denton

Price Range : All | 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
$ 393,727
-0%
-1%
Average List Price of all Current Listings
$ 464,452
0 %
1 %
September Median Sales Price
$ 294,000
-1%
-2%
11 %
8 %
$ 297,000
10 %
9 %
September Average Sales Price
$ 330,024
-4%
-4%
6 %
4 %
$ 340,880
8 %
7 %
Total Properties Currently for Sale ( Inventory )
2,995
1 %
36 %
September Number of Properties Sold
1,197 -21%
-7%
11,237
2 %
September Average Days on Market ( Solds )
40
18 %
14 %
8 %
5 %
37
3 %
-3%
Asking Price per Square Foot ( based on New Listings )
$ 139
2 %
2 %
7 %
9 %
$ 136
8 %
6 %
September Sold Price per Square Foot
$ 132
-1%
0 %
7 %
9 %
$ 131
7 %
7 %
September Month ' s Supply of Inventory
2.5
28 %
15 %
45 %
42 %
2.0
15 %
13 %
September Sale Price vs List Price Ratio
97.0 %
-. 6 % -1.0% -. 5 % -1.0%
98.1 %
-0%
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Denton

Number of Properties Sold
3 Mo Avg
Property Sales
1,800
September Property sales were 1,197 , down 6.6 % from 1,281 in
September of 2016 and 21.1 % lower than the 1,517 sales last
1,600
Number of Properties Sold
3 Mo Avg
Property month . September Sales 2017 sales were at their lowest level
1,8001,400
September compared Property to September sales were of 2016 1,197 and , down 2015 6.6 . % September from 1,281 YTD in
September of 2016 and 21.1 % lower than the 1,517 sales last
1,6001,200 sales of 11,237 are running 1.9 % ahead of last year ' s year-to-date
month sales . of September 11,030 . 2017 sales were at their lowest level
1,4001,000
compared to September of 2016 and 2015 . September YTD sales of 11,237 are running 1.9 % ahead of last year ' s year-to-date sales of 11,030 .
1,200
1,000
800
600
800
400
600
200
400
0
200
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
14
15
16
17
Prices
The Median Sales Price in September was $ 294,000 , up 11.4 %
Prices from $ 263,880 in September of 2016 and down 1.3 % from
The
$ 298,000 Median last Sales month Price . in The September Average was Sales $ 294,000 Price in , up September 11.4 %
400 from was $ 263,880 330,024 in , up September 6.0 % from of 2016 $ 311,373 and in down September 1.3 % from of 2016
380
$ and 298,000 down last 4.3 month % from . The $ 344,684 Average last Sales month Price . in September 2017 was $ 330,024 , up 6.0 % from $ 311,373 in of 2016
360
ASP was at the highest level compared to September of 2016 and down 20154.3 . % from $ 344,684 last month . September 2017
340
ASP was at the highest level compared to September of 2016
320
O
N D
J
F M A M J
Median
J
A S O Sales N D
J Price
F M A and M J Average
J
A S O NSales D
J
F Price M A M J
J
A S
14
15
16
17
400
Median Sales Price and Average Sales Price
380
3 Mo Avg
360
340
320
300
280
3 Mo Avg
and 2015 .
300
280
260
240
220
200
260
240
220
200
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
14
15
16
17
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
J
A S
Inventory & MSI
14
15
16
17
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 2,995 of Properties , up 1.0 % from available 2,966 for last sale month as of and up
3,500
September
36.0 % from was 2,203 2,995 in , up September 1.0 % from of 2,966 last year last month . September and up 2017
3,5003,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
3.0
3.0
2.5
36.0
Inventory % from was 2,203 at in its September highest level of last compared year . September with September 2017 of
3,0002,500
Inventory
2016 and was 2015 at . its highest level compared with September of
2,5002,000
2016 and 2015 .
2,0001,500
A comparatively lower MSI is more beneficial for sellers while
1,500 a
1,000
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial September for sellers 2017 while MSI a of 2.5
1,000 higher months MSI was is better at its highest for buyers level . The compared September with 2017 September MSI of 2.5
500 of
500 months
2016 and was 2015 at its . highest level compared with September of
0
2016 and 2015 .
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
2.5
2.0
1.5
1.0
0.5
F M A M J
0.0
J
A S
2.0
1.5
1.0
0.5
0.0
O
N
14 D J
F
M15 A M J
14
15
J
A S O N D J
F
M16 A M J
16
J
A S O N D J
F M A17M J
17
J
A S
1,067 794
1,067 794 1,013 634 776 1,036 1,121 1,329 1,529 1,495 1,414 1,212 1,025 814 1,087 668 919 1,253 1,185 1,387 1,471 1,387 1,479 1,281 1,086 979 1,143 722 883 1,218 1,235 1,451 1,599 1,415 1,517 1,197
2,098
1,834 1,539 1,590 1,567
Agent Name
Title Phone Website Other

Community Information | School District

2,098
1,834 1,013 634
1,539 1,590
776 1,036
1,567
1,611 2,121
1,611 1,770 1,926
1,121 1,329 1,529 1,495 1,414 1,212 1,025 814
2,298 2,229 2,125 2,075 1,936 1,755 1,774 1,813
1,770
1,926 2,121 2,298 2,229 2,125 2,075 1,936 1,755 1,087 668 919
1,892
1,983 1,774
2,021 1,813
2,214 1,892
1,253 1,185 1,387 1,471
2,214
2,348 1,387 1,479
2,246
2,203 1,281 1,086 979
2,115 1,967
1,774
2,348 1,983
2,246 2,021 2,203 2,115 1,967 1,774 1,782 1,838
2,088
1,143 722
2,215 1,782
2,447 1,838
2,743 883 1,218 1,235
2,956 2,966 2,995
2,088 2,215
1,451
2,447 2,743
1,599 2,956
1,415 1,517
2,966 2,995
1,197
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14 | 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 .