DFW ARCHIVED September 2017 | Page 16

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

County : Ellis

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
$ 317,305
1 %
8 %
Average List Price of all Current Listings
$ 340,158
-0%
13 %
September Median Sales Price
$ 250,990
4 %
4 %
14 %
17 %
$ 235,000
10 %
9 %
September Average Sales Price
$ 265,122
4 %
3 %
15 %
14 %
$ 249,809
9 %
8 %
Total Properties Currently for Sale ( Inventory )
622
14 %
40 %
September Number of Properties Sold
203 -23%
-19%
1,973
0 %
September Average Days on Market ( Solds )
40
-2%
5 %
-2%
-17%
45
-2%
-6%
Asking Price per Square Foot ( based on New Listings )
$ 119
2 %
1 %
13 %
14 %
$ 114
11 %
10 %
September Sold Price per Square Foot
$ 115
3 %
2 %
14 %
15 %
$ 109
10 %
9 %
September Month ' s Supply of Inventory
3.1
48 %
26 %
72 %
46 %
2.2
2 %
3 %
September Sale Price vs List Price Ratio
97.4 %
-. 1 %
-. 4 %
. 5 %
. 1 %
97.5 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
350 September Property sales were 203 , down 18.8 % from 250 in September of 2016 and 22.8 % lower than the 263 sales last 300 Property month . September Sales 2017 sales were at their lowest level 350 September compared Property to September sales were of 2016 203 , and down 2015 18.8 . % September from 250 YTD in 250 September sales of 1,973 of 2016 are and running 22.8 % 0.1 lower % ahead than of the last 263 year sales ' s year-to-date last 300 month sales . of September 1,971 . 2017 sales were at their lowest level 200 compared to September of 2016 and 2015 . September YTD 250 sales of 1,973 are running 0.1 % ahead of last year ' s year-to-date
150 sales of 1,971 . 200
100
150 50
100
0 50
0
Prices
The Median Sales Price in September was $ 250,990 , up 13.9 %
Prices from $ 220,450 in September of 2016 and up 3.6 % from
290
The
$ 242,250 Median last Sales month Price . in The September Average was Sales $ 250,990 Price in , up September 13.9 % from was $ 220,450 265,122 , in up September 14.8 % from of 2016 $ 230,842 and up in 3.6 September % from of 2016
290
270
$ and 242,250 up 4.1 last % month from $ . 254,770 The Average last month Sales Price . September in September 2017 ASP $ 265,122 , up 14.8 % from $ 230,842 in of
270 was at the highest level compared to September of 2016 and and
2015 up . 4.1 % from $ 254,770 last month . September 2017 ASP
250
250
230
was at the highest level compared to September of 2016 and
2015 .
230
210
210
190
190
170
Number of Properties Sold
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
14
15
16
17
J
F M A M J
15
Median
J
A S O NSales D J FPrice M A Mand J JAverage
A S O N Sales D
J
F Price M A M J
16
17
J
A S
3 Mo Avg
Median Sales Price and Average Sales Price
170 151 170 119 138 200 167 227 228 249 229 223 198 178 185 132 140 215 219 234 286 242 253 250 189 205 201 144 170 219 223 257 248 246 263 203
O N D 14
170
150
150
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
14
15
16
17
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 622 of , up Properties 13.9 % from available 546 for last sale month as of and up
September
39.8 % from was 445 622 in , up September 13.9 % from of 546 last last year month . September and up 2017
700
700
600
Total Inventory & Month ' s Supply of Inventory ( MSI )
4.0
4.0
3.5
39.8
Inventory % from was 445 in at September its highest of level last compared year . September with September 2017 of
600
Inventory
2016 and was 2015 at . its highest level compared with September of
500
2016 and 2015 .
400
A comparatively lower MSI is more beneficial for sellers while
300 a
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial September for sellers 2017 while MSI a of 3.1
200 higher months MSI was is better at its highest for buyers level . The compared September with 2017 September MSI of 3.1 of
100 months
2016 and was 2015 at its . highest level compared with September of
2016 and 2015 .
0
500
400
300
200
100
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
3.5
3.0
2.5
2.0
1.5
1.0
0.5
0.0
J
A S
3.0
2.5
2.0
1.5
1.0
0.5
0.0
O
N
14 D
J
F
15 M A M J
14
15
J
A S O N D
J
F M16A M J
16
J
A S O N D
J
F M A17M J
17
J
A S
507
170

Ellis

151
Agent Name
170
Title Phone Website Other

Community Information | School District

119 138 200 167 227 228 249 229
Number of Properties Sold
223 198 178 185 132
3 Mo Avg
3 Mo Avg
454
420 507
417 454
412 420
398 417
427 412
428 398
457 427 499
428 449 457
448 499
448 449
417 448
407 448
421
417 447 432
407
426 421
421 447
440 432
451 426
467 421
445 440
433 451
399 467
364 445
360 433
379 399 400
364 413 360 470 379 505 400
529
413 546 470 622 505
140 215 219 234 286 242 253 250 189 205 201 144 170 219 223 257 248 529
3 Mo Avg
246
546 263
622 203
Copyright © Coldwell Banker Residential Brokerage | Price Range : All | Property Types : SFH - Con
16 | 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 .