DFW ARCHIVED September 2017 | Page 32

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

County : Smith

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
$ 289,500
-0%
14 %
Average List Price of all Current Listings
$ 408,087
1 %
20 %
September Median Sales Price
$ 196,750
4 %
0 %
8 %
10 %
$ 190,750
7 %
7 %
September Average Sales Price
$ 227,774
3 %
-2%
6 %
5 %
$ 231,794
7 %
7 %
Total Properties Currently for Sale ( Inventory )
1,307
3 %
6 %
September Number of Properties Sold
248 -32%
-10%
2,469
7 %
September Average Days on Market ( Solds )
58
26 %
2 %
-5%
-9%
62
0 %
-3%
Asking Price per Square Foot ( based on New Listings )
$ 119
0 %
2 %
13 %
11 %
$ 115
6 %
7 %
September Sold Price per Square Foot
$ 102
-3%
-2%
3 %
4 %
$ 102
4 %
4 %
September Month ' s Supply of Inventory
5.3
51 %
18 %
18 %
5 %
4.8
-1%
-5%
September Sale Price vs List Price Ratio
94.9 %
-. 9 %
-. 8 %
. 2 %
-. 1 %
95.3 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
400
September Property sales were 248 , down 9.8 % from 275 in
September of 2016 and 31.9 % lower than the 364 sales last
350
Property month . September Sales 2017 sales were at a mid level compared to
400
September Property of 2016 sales and were 2015 . 248 September , down 9.8 YTD % from sales 275 of in 2,469 are
300
September running 7.3 of % 2016 ahead and of 31.9 last % year lower ' s than year-to-date the 364 sales last of 2,302 .
350
250
month . September 2017 sales were at a mid level compared to
September of 2016 and 2015 . September YTD sales of 2,469 are
300
200
running 7.3 % ahead of last year ' s year-to-date sales of 2,302 .
250
150
200
100
150
50
100
0
50
0
Prices
The Median Sales Price in September was $ 196,750 , up 7.8 %
Prices from $ 182,500 in September of 2016 and up 3.6 % from
290
The
$ 189,900 Median last Sales month Price . in The September Average was Sales $ 196,750 Price in , up September 7.8 % from was $ 182,500 227,774 in , up September 5.6 % from of $ 2016 215,708 and in up September 3.6 % from of 2016 and
290
270
$ up 189,900 3.2 % last from month $ 220,668 . The Average last month Sales . September Price in September 2017 ASP was was $ 227,774 , up 5.6 % from $ 215,708 in September of 2016 and
270 at the highest level compared to September of 2016 and 2015 . up 3.2 % from $ 220,668 last month . September 2017 ASP was
250
250
230
at the highest level compared to September of 2016 and 2015 .
230
210
210
190
190
170

Smith

239
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
239 204 226 153 147 240 223 256 313 306 316 228 235 171 231 169 185 228 248 277 331 280 309 275 235 197 200 159 211 295 252 314 338 288 364 248
O N D 14
204
170 150 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
150 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 14 15
16 17
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 1,307 of Properties , up 3.0 % from available 1,269 for last sale month as of and up
1,600 September 6.3 % from was 1,230 1,307 in , September up 3.0 % from of 1,269 last year last . month September and up 2017 1,6001,400
8.0
6.3 Inventory % from 1,230 was at in its September highest level of last compared year . September with September 2017 of 1,4001,200 7.0
Inventory 2016 and was 2015 at . its highest level compared with September of 1,2001,000 6.0
2016 and 2015 .
1,000 800 5.0
800 600 4.0
A comparatively lower MSI is more beneficial for sellers while a 600
3.0 A comparatively lower MSI is more beneficial for sellers while a
400 higher MSI is better for buyers . The September 2017 MSI of 5.3 400
2.0 higher months MSI was is better at its highest for buyers level . The compared September with 2017 September MSI of 5.3 of 200 months was at its highest level compared with September of 200
1.0 2016 and 2015 .
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 F M A M J 0.0 J A S O N 14 D J F M15
A M J J A S O N D J F M16 A M J J A S O N D J F M A17M J J A S
14 15 16
17
1,220 1,111 993 969 993
Agent Name
226
Title Phone Website Other

Community Information | School District

1,220 1,111
153
993
969 147 240
993
1,017 223 256 313
1,070 1,107 1,111 306 316
1,143 1,127
1,017 1,070 1,107 1,111 1,143 1,127 1,186 1,194 1,136 1,057 1,091 1,133 1,131 1,175 1,176
Number of Properties Sold
228 235
1,186
1,194 171 231
1,136 1,057
169 185 228
1,091 1,133 1,131
248
1,175
1,176 277 331
1,211
1,257 280 309
1,260
1,230 275 235 197
1,219 1,218 1,133 200 159
1,140
1,154 211 295
1,199 1,243
3 Mo Avg
252
3 Mo Avg
1,211 1,257 1,260 1,230 1,219 1,218 1,133 1,140 1,154 1,199 1,243 1,278 1,315 1,336 1,269 1,307
314
1,278 1,315
338
3 Mo Avg
288 364
1,336 1,269 1,307
248
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
Copyright © Coldwell Banker Residential Brokerage | Price Range : All | Property Types : SFH - Con
32 | 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 .