DFW ARCHIVED September 2017 | Page 8

Market Action Report
County: Cherokee
Cherokee
Agent Name
Title
Phone
Agent
Name
Website
Other
Title
September 2017
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median List Price of all Current Listings
LM
Trending versus*:
L3M PYM LY
$247,000
-5%
30%
Other
$311,891 Trending
-5% versus*:
18%
$135,500
Month
LM -34%
L3M -14%
PYM -34%
LY
$247,000
-5% -3% 6%
30% -6%
$213,022
$311,891 208
-5% 6% 18% 10%
$135,500 -34%
-14% -34% -21%
5%
27 -36%
$213,022 -3%
6%
-6%
27%
86 -26% -14% -4%
208 $104
6% 2% 0%
10% 5%
27 $96
-36% 5% -21%
7% 2%
86 -26% -14% -4% -12%
7.7 65% 22% 39%
$104 2% 0% 5% 9%
92.5% -.4% -.0% 1.6%
Price Range: All | Properties: SFH - Con
Average List Price of all Current Listings
September
Median
Sales Price
Market
Profile
& Trends
Overview
Median
List Price
of all Sales
Current
Listings
September
Average
Price
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
September
Sales
Price
September Median
Number
of Properties
Sold
September
Sales
Price
September Average
Average
Days
on Market (Solds)
Total
Properties
Currently
Sale
(Inventory)
Asking
Price per
Square for
Foot
(based
on New Listings)
September Number of Properties Sold
September Sold Price per Square Foot
September Average Days on Market (Solds)
September Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
September Sale Price vs List Price Ratio
September
Price
per / Square
* LM=Last Month Sold
/ L3M=Last
3 Months
PYM=Same Foot
Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date $96
September Sale Price vs List Price Ratio
Property
Sales
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
45
Prices
September 2017 ASP was at a mid range compared to
September of 2016 and 2015.
11%
11%
9%
5%
1%
3 Mo Avg
3 Mo Avg
15
19
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
0
5
10 10
15 15
20 20
25 25
The Median Sales Price in September was $135,500, down
34.3% from $206,250 in September of 2016 and down 34.4%
Prices
from
$206,500
The Average
Sales Price
in
The
Median
Sales last
Price month.
in September
was $135,500,
down
350
September
was $213,022,
down 6.0%
from
$226,618
in
34.3%
from $206,250
in September
of 2016
and
down 34.4%
from
$206,500
last month.
The 3.2%
Average
Sales
Price in last month. 300
September
of 2016
and down
from
$220,092
September
was
$213,022,
down
from $226,618
in to
September
2017
ASP was
at a 6.0%
mid range
compared
September
of of
2016
and
down
3.2% from $220,092 last month.
250
September
2016
and
2015.
16% 16%
10% 13%
12%
10%
7% 11%
11%
2%
30
30
0
20%
243
16%
109
9%
$105
243 $87
16%
20%
109
10%
-6%
8.6
$105
12%
2.8%
91.1%
35
35
5
$150,000
$188,558
-12%
Number of Properties Sold
40
month. September 2017 sales were at a mid level compared to
September of 2016 and 2015. September YTD sales of 243 are
running 16.3% ahead of last year's year-to-date sales of 209.
Trending versus*:
5% YTD
$150,000
Prior YTD 20%
Prior Year 16%
27%
$188,558
16%
13%
5% 7% 2% 20%
$87
10%
9%
7.7 65% 22% 39% -6%
8.6
7%
5%
Number of Properties Sold
92.5% -.4% -.0% 1.6% 2.8%
91.1%
2%
1%
September Month's Supply of Inventory
September Property sales were 27, down 20.6% from 34 in
September of 2016 and 35.7% lower than the 42 sales last
Property
Sales 2017 sales were at a mid level compared to 45
month. September
September
Property
down 20.6%
from
34 of
in 243 are
September
of 2016 sales
and were
2015. 27,
September
YTD
sales
September
of 2016
and 35.7%
the 42 sales
last of 209. 40
running 16.3%
ahead
of last lower
year's than
year-to-date
sales
Trending versus*:
Prior YTD Prior Year
YTD
Market Action Report
County: Cherokee
September 2017
O N D J F M A M J J Median
A S O N Sales
D J F Price
M A M and
J J Average
A S O N Sales
D J F Price
M A M J J A S
3 Mo Avg
14
15
16
17
350
Median Sales Price and Average Sales Price
300
3 Mo Avg
250
200
200 150
150 100
100
50
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
50
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
The Total Inventory
Inventory
& MSI of Properties available for sale as of
September
was 208,
up 6.1% from
196 last
and up 10.1% 250
The
Total Inventory
of Properties
available
for month
sale as of
from 189 was
in September
of last
year.
September
2017
September
208, up 6.1%
from
196 last
month and
up Inventory
10.1% 250 200
was 189
at its
level of compared
with September
of 2016 and
from
in highest
September
last year. September
2017 Inventory
200
2015.
was
at its highest level compared with September of 2016 and
150
A comparatively lower MSI is more beneficial for sellers while 100
a
A higher
comparatively
lower for
MSI buyers.
is more The
beneficial
for sellers
MSI is better
September
2017 while
MSI a of 7.7
higher
MSI
is better
for buyers.
September
2017
MSI of 7.7
months
was
at its highest
level The
compared
with
September
of 50
months
was 2015.
at its highest level compared with September of
2016 and
0
2016 and 2015.
Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types : SFH - Con
Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: SFH - Con
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
8 Data
|
.
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.
Data is provided
North
Real
Systems,
Tyler Association of REALTORS and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage
c courtesy
o l d of w
e Texas
llb
a Estate
n k Information
erho
m e Inc.,
s Greater
com
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.
150
16.0
14.0
12.0
10.0
100
8.0
6.0
50
4.0
2.0
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 15
M A M J J A S O N D J F M 16
A M J J A S O N D J F M A 17 M J J A S
14
15
16
17
2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0