Market report

COLDWELL BANKER RESIDENTIAL BROKERAGE MARKET REPORT – OCTOBER 2014

PREPARED BY:

JEREMY BROOKS, FIELD MARKETING MANAGER

REPORT PERAMETERS

PRICE RANGE: NONE | PROPERTIES: SFM | RANGE: LTM

ALL COUNTIES COMBINED | DALLAS | TARRANT | COLLIN | DENTON | ROCKWALL

MARKET ACTION REPORT

September 2014

County: Collin, Dallas, Denton,Rockwall, Tarrant

Jeremy BrooksMarketing [email protected]

Price Range: $0 to $999,999,000 | Properties: Single Family Home

© 2014 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act and theEqual Opportunity Act. Coldwell Banker Residential Brokerage is operated by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registeredservice marks owned by Coldwell Banker Real Estate LLC.

Based on information from North Texas Real Estate Information Service for the period 10/1/2011 through 9/30/2014. Due to MLS reporting methods and allowablereporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the dataaccuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.

Trending Versus*: Trending Versus*:Market Profile & Trends Overview Month LM L3M PYM LY YTD PriorYTD PriorYear

Median List Price of all Current Listings $265,000 3% � 21% � � � �Average List Price of all Current Listings $436,442 4% � 17% � � � �September Median Sales Price $199,800 -4% -4% 8% 9% $199,900 8% 9%September Average Sales Price $257,771 -2% -3% 8% 6% $261,625 7% 8%Total Properties Currently for Sale (Inventory) 14,129 -8% � -6% � � � �September Number of Properties Sold 5,953 -16% � 2% � 55,254 -2% �September Average Days on Market (Solds) 44 19% 16% 5% -10% 42 -13% -14%Asking Price per Square Foot (based on New Listings) $111 2% 3% 11% 10% $108 8% 7%September Sold Price per Square Foot $102 0% 0% 9% 10% $101 9% 9%September Month's Supply of Inventory 2.4 9% 9% -8% -7% 2.3 -10% -10%September Sale Price vs List Price Ratio 98.3% -0.2% 0% 0% 1.2% 97.8% 0.5% 0.6%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date

Property Sales September Property sales were 5,953, up 2.2% from 5,827 in September of 2013 and -16.3% lower than the 7,113 sales last month. September 2014 saleswere at their highest level compared to September of 2013 and 2012. September YTD sales of 55,254 are running -2.0% behind last year's year-to-date sales of56,388.

Prices The Median Sales Price in September was $199,800, up 8.2% from $184,730 in September of 2013 and down -3.7% from $207,500 last month. The AverageSales Price in September was $257,771, up 8.1% from $238,437 in September of 2013 and down -2.0% from $263,039 last month. September 2014 ASP wasat highest level compared to September of 2013 and 2012.


September 2014






Inventory & MSI The Total Inventory of Properties available for sale as of September was 14,129, down -8.4% from 15,429 last month and down -6.4% from 15,091 inSeptember of last year. September 2014 Inventory was at the lowest level compared to September of 2013 and 2012. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The September 2014 MSI of 2.4 months was at its lowestlevel compared with September of 2013 and 2012.

Market Time The average Days On Market(DOM) shows how many days the average Property is on the Market before it sells. An upward trend in DOM tends to indicate amove towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for September was 44, up 18.9% from 37days last month and up 4.8% from 42 days in September of last year. The September 2014 DOM was at a mid range compared with September of 2013 and2012.

Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impactedby the 'mix' of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The September 2014 Selling Price per Square Foot of $102 was equal to $102 last month and up 8.5% from $94 in September of last year.


September 2014






Selling Price vs Listing Price The Selling Price vs Listing Price reveals the average amount that Sellers are agreeing to come down from their list price. The lower the ratio is below 100%the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. The September 2014 Selling Price vs List Price of 98.3% wasdown from 98.5% last month and up from 98.0% in September of last year.

Inventory / New Listings / Sales 'This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basic annualseasonality of the market as well as the relationship between these items. The number of New Listings in September 2014 was 6735, down -14.7% from 7,892last month and up 5.0% from 6,412 in September of last year.


September 2014

County: Collin, Dallas, Denton, Rockwall,Tarrant



© 2014 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Coldwell Banker ResidentialBrokerage is operated by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC.

Based on information from North Texas Real Estate Information Service for the period 10/1/2011 through 9/30/2014. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may notbecompletely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.

O 11 N D J 12 F M A M J J A S O N D J 13 F M A M J J A S O N D J 14 F M A M J J A S

Homes Sold 3,948 3,831 4,074 3,052 3,691 4,912 5,263 6,083 6,331 6,028 6,389 4,907 5,048 4,547 4,611 3,771 4,328 6,048 6,636 7,511 7,296 7,606 7,365 5,827 5,609 4,823 5,139 3,683 4,404 5,585 6,216 7,173 7,613 7,514 7,113 5,953

3 Mo. Roll Avg 3,951 3,652 3,606 3,885 4,622 5,419 5,892 6,147 6,249 5,775 5,448 4,834 4,735 4,310 4,237 4,716 5,671 6,732 7,148 7,471 7,422 6,933 6,267 5,420 5,190 4,548 4,409 4,557 5,402 6,325 7,001 7,433 7,413 6,860

(000's) O 11 N D J 12 F M A M J J A S O N D J 13 F M A M J J A S O N D J 14 F M A M J J A S

MedianSalePrice 154 149 158 150 155 163 165 171 175 172 170 170 163 165 170 158 165 176 186 190 195 195 193 185 182 180 186 174 187 190 195 201 214 210 208 2003 Mo. Roll Avg 153 152 154 156 161 166 170 173 172 171 168 166 166 164 164 166 176 184 190 193 194 191 186 182 183 180 182 184 191 195 203 208 210 206

O 11 N D J 12 F M A M J J A S O N D J 13 F M A M J J A S O N D J 14 F M A M J J A SInventory 23,504 22,165 19,359 19,464 19,921 20,605 20,906 21,099 21,155 20,771 19,905 19,079 18,175 17,292 15,204 15,002 14,709 14,258 14,595 14,986 15,316 15,764 15,824 15,091 14,508 13,431 11,837 11,999 12,056 12,132 12,802 13,820 14,345 14,897 15,429 14,129

MSI 6 6 5 6 5 4 4 3 3 3 3 4 4 4 3 4 3 2 2 2 2 2 2 3 3 3 2 3 3 2 2 2 2 2 2 2

O 11 N D J 12 F M A M J J A S O N D J 13 F M A M J J A S O N D J 14 F M A M J J A SDays On Market 83 83 83 85 88 79 69 63 61 60 60 62 63 65 66 67 67 59 51 46 42 40 40 42 46 50 52 56 54 50 43 38 36 35 37 443 Mo. Roll Avg 83 84 85 84 79 70 64 61 60 61 62 63 65 66 67 64 59 52 46 43 41 41 43 46 49 53 54 53 49 44 39 36 36 39

O 11 N D J 12 F M A M J J A S O N D J 13 F M A M J J A S O N D J 14 F M A M J J A SPrice per Sq Ft 79 78 81 77 80 84 85 87 87 87 86 85 83 85 87 80 85 90 95 95 97 96 96 94 93 94 96 91 99 98 101 103 103 103 102 1023 Mo. Roll Avg 79 79 79 80 83 85 86 87 87 86 85 84 85 84 84 85 90 93 96 96 96 95 94 94 94 94 95 96 99 101 102 103 103 102

O 11 N D J 12 F M A M J J A S O N D J 13 F M A M J J A S O N D J 14 F M A M J J A SSale to List Price 0.962 0.965 0.964 0.963 0.966 0.969 0.973 0.976 0.977 0.975 0.974 0.975 0.973 0.971 0.971 0.970 0.972 0.977 0.983 0.982 0.984 0.983 0.982 0.980 0.978 0.975 0.974 0.973 0.977 0.981 0.984 0.985 0.988 0.986 0.985 0.983

3 Mo. Roll Avg 0.964 0.964 0.964 0.966 0.969 0.973 0.975 0.976 0.975 0.975 0.974 0.973 0.972 0.971 0.971 0.973 0.977 0.981 0.983 0.983 0.983 0.982 0.980 0.978 0.976 0.974 0.975 0.977 0.981 0.983 0.986 0.986 0.986 0.985


New Listings 6,095 5,124 4,022 6,630 7,159 8,588 8,269 8,477 8,210 7,737 7,098 5,852 6,207 5,301 4,004 6,511 7,010 8,253 9,330 9,278 9,059 9,182 8,143 6,412 6,647 5,255 3,684 6,374 6,414 8,004 8,844 9,889 9,226 9,236 7,892 6,735

Inventory 23,504 22,165 19,359 19,464 19,921 20,605 20,906 21,099 21,155 20,771 19,905 19,079 18,175 17,292 15,204 15,002 14,709 14,258 14,595 14,986 15,316 15,764 15,824 15,091 14,508 13,431 11,837 11,999 12,056 12,132 12,802 13,820 14,345 14,897 15,429 14,129

Sales 3,948 3,831 4,074 3,052 3,691 4,912 5,263 6,083 6,331 6,028 6,389 4,907 5,048 4,547 4,611 3,771 4,328 6,048 6,636 7,511 7,296 7,606 7,365 5,827 5,609 4,823 5,139 3,683 4,404 5,585 6,216 7,173 7,613 7,514 7,113 5,953


Avg Sale Price 206 198 213 199 206 217 226 233 233 231 224 221 211 219 227 203 212 234 252 253 261 252 251 238 237 240 247 227 255 256 264 269 271 269 263 2583 Mo. Roll Avg 206 204 206 207 216 225 230 232 230 226 219 217 219 216 214 216 233 247 255 255 255 247 242 238 241 238 243 246 258 263 268 270 268 263


September 2014

County: DallasJeremy BrooksMarketing [email protected]





Median List Price of all Current Listings $234,900 3% � 24% � � � �Average List Price of all Current Listings $557,290 6% � 24% � � � �September Median Sales Price $173,950 -1% -3% 5% 7% $174,272 6% 7%September Average Sales Price $266,075 -2% -6% 6% 1% $285,960 7% 8%Total Properties Currently for Sale (Inventory) 4,030 -7% � -8% � � � �September Number of Properties Sold 1,562 -11% � 1% � 14,565 -5% �September Average Days on Market (Solds) 46 15% 18% 5% -8% 43 -14% -14%Asking Price per Square Foot (based on New Listings) $128 5% 4% 13% 12% $124 9% 9%September Sold Price per Square Foot $110 0% -3% 8% 7% $112 9% 9%September Month's Supply of Inventory 2.6 5% 6% -9% -3% 2.5 -6% -8%September Sale Price vs List Price Ratio 98.2% -0.4% 1% 0% 1.6% 97.3% 0.6% 0.6%


Property Sales September Property sales were 1,562, up 1.2% from 1,543 in September of 2013 and -11.2% lower than the 1,759 sales last month. September 2014 saleswere at their highest level compared to September of 2013 and 2012. September YTD sales of 14,565 are running -5.4% behind last year's year-to-date sales of15,402.



September 2014





Inventory & MSI The Total Inventory of Properties available for sale as of September was 4,030, down -7.1% from 4,340 last month and down -7.9% from 4,375 in September oflast year. September 2014 Inventory was at the lowest level compared to September of 2013 and 2012. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The September 2014 MSI of 2.6 months was at its lowestlevel compared with September of 2013 and 2012.




September 2014






Inventory / New Listings / Sales 'This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basic annualseasonality of the market as well as the relationship between these items. The number of New Listings in September 2014 was 1872, down -13.1% from 2,153last month and down -3.3% from 1,936 in September of last year.


September 2014






Homes Sold 1,174 1,192 1,259 925 1,104 1,479 1,572 1,789 1,749 1,717 1,765 1,433 1,439 1,371 1,388 1,130 1,260 1,724 1,840 1,997 1,976 2,009 1,923 1,543 1,555 1,309 1,441 1,065 1,271 1,549 1,722 1,848 1,929 1,860 1,759 1,562

3 Mo. Roll Avg 1,208 1,125 1,096 1,169 1,385 1,613 1,703 1,752 1,744 1,638 1,546 1,414 1,399 1,296 1,259 1,371 1,608 1,854 1,938 1,994 1,969 1,825 1,674 1,469 1,435 1,272 1,259 1,295 1,514 1,706 1,833 1,879 1,849 1,727




MSI 6 6 5 7 6 4 4 3 4 4 3 4 4 4 3 4 3 2 2 2 2 2 2 3 3 3 2 3 3 2 2 2 2 2 2 3




3 Mo. Roll Avg 0.960 0.962 0.963 0.966 0.968 0.972 0.975 0.977 0.975 0.975 0.975 0.974 0.970 0.969 0.971 0.974 0.979 0.982 0.984 0.983 0.982 0.981 0.980 0.977 0.975 0.974 0.975 0.977 0.981 0.982 0.984 0.983 0.985 0.984


New Listings 1,841 1,570 1,192 2,062 2,117 2,479 2,400 2,400 2,338 2,118 2,099 1,755 1,782 1,594 1,216 1,931 1,941 2,365 2,535 2,436 2,405 2,478 2,231 1,936 1,983 1,599 1,096 1,832 1,780 2,249 2,376 2,640 2,372 2,422 2,153 1,872

Inventory 7,391 6,962 6,014 6,124 6,187 6,257 6,259 6,231 6,219 6,028 5,779 5,596 5,306 5,057 4,441 4,392 4,269 4,177 4,247 4,212 4,242 4,367 4,451 4,375 4,306 4,082 3,568 3,561 3,505 3,517 3,683 3,965 4,067 4,246 4,340 4,030

Sales 1,174 1,192 1,259 925 1,104 1,479 1,572 1,789 1,749 1,717 1,765 1,433 1,439 1,371 1,388 1,130 1,260 1,724 1,840 1,997 1,976 2,009 1,923 1,543 1,555 1,309 1,441 1,065 1,271 1,549 1,722 1,848 1,929 1,860 1,759 1,562




September 2014

County: TarrantJeremy BrooksMarketing [email protected]





Median List Price of all Current Listings $209,900 5% � 19% � � � �Average List Price of all Current Listings $330,135 3% � 12% � � � �September Median Sales Price $164,900 -5% -3% 6% 7% $165,000 7% 7%September Average Sales Price $213,312 -6% -5% 6% 7% $216,250 8% 9%Total Properties Currently for Sale (Inventory) 4,854 -8% � -10% � � � �September Number of Properties Sold 1,979 -15% � 6% � 18,208 1% �September Average Days on Market (Solds) 46 12% 12% -4% -15% 46 -13% -15%Asking Price per Square Foot (based on New Listings) $96 1% 1% 10% 8% $95 8% 7%September Sold Price per Square Foot $91 -1% 0% 10% 11% $89 9% 9%September Month's Supply of Inventory 2.5 8% 8% -15% -13% 2.4 -15% -15%September Sale Price vs List Price Ratio 98.0% -0.1% 0% 0% 0.7% 97.7% 0.3% 0.4%


Property Sales September Property sales were 1,979, up 6.3% from 1,862 in September of 2013 and -14.9% lower than the 2,326 sales last month. September 2014 saleswere at their highest level compared to September of 2013 and 2012. September YTD sales of 18,208 are running 1.2% ahead of last year's year-to-date salesof 18,000.



September 2014





Inventory & MSI The Total Inventory of Properties available for sale as of September was 4,854, down -7.9% from 5,272 last month and down -9.6% from 5,371 in September oflast year. September 2014 Inventory was at the lowest level compared to September of 2013 and 2012. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The September 2014 MSI of 2.5 months was at its lowestlevel compared with September of 2013 and 2012.

Market Time The average Days On Market(DOM) shows how many days the average Property is on the Market before it sells. An upward trend in DOM tends to indicate amove towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for September was 46, up 12.2% from 41days last month and down -4.2% from 48 days in September of last year. The September 2014 DOM was at its lowest level compared with September of 2013and 2012.

Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impactedby the 'mix' of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The September 2014 Selling Price per Square Foot of $91 was down -1.1% from $92 last month and up 9.6% from $83 in September of last year.


September 2014








September 2014






Homes Sold 1,303 1,243 1,306 1,000 1,198 1,529 1,661 1,916 2,015 1,924 2,080 1,526 1,637 1,423 1,479 1,187 1,443 1,961 2,068 2,477 2,282 2,412 2,308 1,862 1,906 1,583 1,713 1,233 1,410 1,829 2,072 2,437 2,477 2,445 2,326 1,979

3 Mo. Roll Avg 1,284 1,183 1,168 1,242 1,463 1,702 1,864 1,952 2,006 1,843 1,748 1,529 1,513 1,363 1,370 1,530 1,824 2,169 2,276 2,390 2,334 2,194 2,025 1,784 1,734 1,510 1,452 1,491 1,770 2,113 2,329 2,453 2,416 2,250




MSI 6 6 5 7 6 5 4 4 4 4 3 4 4 4 4 5 4 3 2 2 2 2 2 3 3 3 2 3 3 2 2 2 2 2 2 2




3 Mo. Roll Avg 0.966 0.965 0.965 0.966 0.970 0.974 0.977 0.977 0.975 0.974 0.974 0.972 0.973 0.972 0.972 0.972 0.976 0.979 0.981 0.981 0.981 0.979 0.978 0.977 0.975 0.972 0.972 0.974 0.977 0.981 0.984 0.985 0.984 0.982


New Listings 2,016 1,734 1,393 2,143 2,305 2,760 2,640 2,773 2,694 2,551 2,319 2,022 2,069 1,795 1,399 2,167 2,321 2,549 3,019 3,053 2,980 2,946 2,651 2,147 2,176 1,787 1,237 2,077 2,085 2,674 2,940 3,142 3,051 3,096 2,579 2,324

Inventory 7,893 7,444 6,606 6,578 6,721 6,907 7,020 7,166 7,192 7,083 6,846 6,651 6,431 6,212 5,548 5,462 5,378 5,078 5,107 5,257 5,409 5,620 5,610 5,371 5,136 4,771 4,231 4,259 4,261 4,233 4,423 4,652 4,900 5,118 5,272 4,854

Sales 1,303 1,243 1,306 1,000 1,198 1,529 1,661 1,916 2,015 1,924 2,080 1,526 1,637 1,423 1,479 1,187 1,443 1,961 2,068 2,477 2,282 2,412 2,308 1,862 1,906 1,583 1,713 1,233 1,410 1,829 2,072 2,437 2,477 2,445 2,326 1,979




September 2014

County: CollinJeremy BrooksMarketing [email protected]





Median List Price of all Current Listings $350,000 2% � 13% � � � �Average List Price of all Current Listings $455,619 3% � 13% � � � �September Median Sales Price $255,250 -2% -3% 10% 9% $257,000 9% 9%September Average Sales Price $297,734 -3% -2% 8% 8% $299,589 9% 9%Total Properties Currently for Sale (Inventory) 2,376 -10% � -3% � � � �September Number of Properties Sold 1,216 -19% � -1% � 11,207 -2% �September Average Days on Market (Solds) 39 26% 22% 18% -7% 35 -15% -17%Asking Price per Square Foot (based on New Listings) $114 3% 3% 12% 11% $110 8% 7%September Sold Price per Square Foot $107 0% 0% 9% 12% $105 9% 9%September Month's Supply of Inventory 2.0 11% 12% -2% -4% 1.9 -9% -9%September Sale Price vs List Price Ratio 98.7% -0.2% 0% 1% 1.4% 98.3% 0.6% 0.9%


Property Sales September Property sales were 1,216, down -1.3% from 1,232 in September of 2013 and -19.3% lower than the 1,507 sales last month. September 2014 saleswere at a mid level compared to September of 2013 and 2012. September YTD sales of 11,207 are running -2.4% behind last year's year-to-date sales of11,484.



September 2014





Inventory & MSI The Total Inventory of Properties available for sale as of September was 2,376, down -10.4% from 2,653 last month and down -2.7% from 2,443 in Septemberof last year. September 2014 Inventory was at the lowest level compared to September of 2013 and 2012. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The September 2014 MSI of 2.0 months was at its lowestlevel compared with September of 2013 and 2012.




September 2014








September 2014






Homes Sold 760 696 772 570 711 979 990 1,213 1,353 1,220 1,223 1,017 950 913 896 689 787 1,190 1,378 1,529 1,535 1,607 1,537 1,232 1,072 979 1,016 698 883 1,060 1,198 1,446 1,589 1,610 1,507 1,216

3 Mo. Roll Avg 743 679 684 753 893 1,061 1,185 1,262 1,265 1,153 1,063 960 920 833 791 889 1,118 1,366 1,481 1,557 1,560 1,459 1,280 1,094 1,022 898 866 880 1,047 1,235 1,411 1,548 1,569 1,444




MSI 5 5 4 5 5 4 4 3 3 3 3 3 3 3 3 3 3 2 2 2 2 2 2 2 2 2 2 3 2 2 2 2 2 2 2 2




3 Mo. Roll Avg 0.966 0.965 0.965 0.966 0.970 0.973 0.975 0.975 0.975 0.974 0.973 0.972 0.973 0.972 0.972 0.974 0.978 0.982 0.984 0.985 0.985 0.984 0.981 0.979 0.977 0.977 0.978 0.981 0.985 0.988 0.991 0.992 0.991 0.989


New Listings 1,124 890 648 1,183 1,341 1,667 1,584 1,609 1,590 1,543 1,328 1,031 1,156 957 645 1,151 1,335 1,647 1,799 1,915 1,842 1,890 1,645 1,124 1,278 906 674 1,205 1,191 1,529 1,735 1,995 1,830 1,833 1,596 1,265

Inventory 3,914 3,626 3,131 3,125 3,247 3,475 3,507 3,530 3,562 3,593 3,413 3,185 3,006 2,780 2,373 2,315 2,280 2,285 2,293 2,426 2,552 2,638 2,657 2,443 2,325 2,051 1,807 1,889 1,871 1,932 2,096 2,345 2,385 2,444 2,653 2,376

Sales 760 696 772 570 711 979 990 1,213 1,353 1,220 1,223 1,017 950 913 896 689 787 1,190 1,378 1,529 1,535 1,607 1,537 1,232 1,072 979 1,016 698 883 1,060 1,198 1,446 1,589 1,610 1,507 1,216




September 2014

County: DentonJeremy BrooksMarketing [email protected]





Median List Price of all Current Listings $324,900 8% � 18% � � � �Average List Price of all Current Listings $432,457 4% � 15% � � � �September Median Sales Price $225,000 -1% -2% 13% 9% $225,000 8% 9%September Average Sales Price $283,836 7% 4% 16% 14% $268,320 8% 8%Total Properties Currently for Sale (Inventory) 2,376 -9% � 0% � � � �September Number of Properties Sold 1,021 -23% � -4% � 9,837 -2% �September Average Days on Market (Solds) 42 27% 20% 8% -7% 40 -9% -11%Asking Price per Square Foot (based on New Listings) $111 1% 2% 10% 10% $108 7% 7%September Sold Price per Square Foot $105 2% 1% 11% 11% $102 9% 7%September Month's Supply of Inventory 2.3 18% 15% 4% 1% 2.2 -6% -7%September Sale Price vs List Price Ratio 98.6% -0.1% 0% 1% 1.0% 98.1% 0.4% 0.5%


Property Sales September Property sales were 1,021, down -4.1% from 1,065 in September of 2013 and -22.8% lower than the 1,323 sales last month. September 2014 saleswere at a mid level compared to September of 2013 and 2012. September YTD sales of 9,837 are running -2.3% behind last year's year-to-date sales of 10,067.

Prices The Median Sales Price in September was $225,000, up 13.2% from $198,846 in September of 2013 and down -0.7% from $226,499 last month. The AverageSales Price in September was $283,836, up 16.2% from $244,178 in September of 2013 and up 6.8% from $265,867 last month. September 2014 ASP was athighest level compared to September of 2013 and 2012.


September 2014





Inventory & MSI The Total Inventory of Properties available for sale as of September was 2,376, down -8.7% from 2,602 last month and down -0.3% from 2,384 in September oflast year. September 2014 Inventory was at the lowest level compared to September of 2013 and 2012. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The September 2014 MSI of 2.3 months was at a mid rangecompared with September of 2013 and 2012.


Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impactedby the 'mix' of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The September 2014 Selling Price per Square Foot of $105 was up 1.9% from $103 last month and up 10.5% from $95 in September of last year.


September 2014








September 2014






Homes Sold 614 618 648 475 598 817 926 1,032 1,065 1,026 1,184 817 906 749 770 661 730 1,019 1,185 1,352 1,295 1,383 1,377 1,065 938 833 847 590 739 1,004 1,079 1,265 1,420 1,396 1,323 1,021

3 Mo. Roll Avg 627 580 574 630 780 925 1,008 1,041 1,092 1,009 969 824 808 727 720 803 978 1,185 1,277 1,343 1,352 1,275 1,127 945 873 757 725 778 941 1,116 1,255 1,360 1,380 1,247




MSI 6 6 5 6 5 4 4 3 3 3 3 4 3 4 3 4 3 2 2 2 2 2 2 2 2 2 2 3 3 2 2 2 2 2 2 2




3 Mo. Roll Avg 0.968 0.968 0.967 0.967 0.968 0.972 0.974 0.975 0.975 0.975 0.974 0.973 0.972 0.972 0.971 0.974 0.977 0.982 0.983 0.985 0.985 0.984 0.982 0.979 0.978 0.976 0.977 0.980 0.982 0.984 0.987 0.988 0.988 0.986


New Listings 959 810 668 1,096 1,218 1,467 1,426 1,492 1,398 1,327 1,166 890 1,029 826 645 1,097 1,219 1,444 1,741 1,621 1,604 1,606 1,401 1,057 1,049 823 557 1,080 1,160 1,354 1,539 1,822 1,686 1,634 1,354 1,105

Inventory 3,631 3,501 3,040 3,078 3,202 3,362 3,469 3,552 3,572 3,435 3,241 3,019 2,826 2,681 2,339 2,342 2,283 2,212 2,441 2,541 2,555 2,575 2,517 2,384 2,275 2,080 1,808 1,873 1,962 1,989 2,092 2,313 2,427 2,514 2,602 2,376

Sales 614 618 648 475 598 817 926 1,032 1,065 1,026 1,184 817 906 749 770 661 730 1,019 1,185 1,352 1,295 1,383 1,377 1,065 938 833 847 590 739 1,004 1,079 1,265 1,420 1,396 1,323 1,021




September 2014

County: RockwallJeremy BrooksMarketing [email protected]





Median List Price of all Current Listings $331,474 5% � 28% � � � �Average List Price of all Current Listings $422,038 2% � 18% � � � �September Median Sales Price $217,000 1% 1% 9% 10% $214,000 7% 8%September Average Sales Price $256,660 5% 2% 6% 8% $247,994 3% 4%Total Properties Currently for Sale (Inventory) 493 -12% � -5% � � � �September Number of Properties Sold 175 -12% � 40% � 1,437 0% �September Average Days on Market (Solds) 60 30% 15% 20% -5% 55 -11% -13%Asking Price per Square Foot (based on New Listings) $105 3% 2% 13% 9% $103 8% 7%September Sold Price per Square Foot $95 1% 1% 7% 8% $93 6% 6%September Month's Supply of Inventory 2.8 -1% 0% -32% -20% 3.3 -5% -5%September Sale Price vs List Price Ratio 97.7% -0.3% 0% 1% 0.9% 97.4% 0.6% 0.5%


Property Sales September Property sales were 175, up 40.0% from 125 in September of 2013 and -11.6% lower than the 198 sales last month. September 2014 sales were attheir highest level compared to September of 2013 and 2012. September YTD sales of 1,437 are running 0.1% ahead of last year's year-to-date sales of 1,435.

Prices The Median Sales Price in September was $217,000, up 9.0% from $199,000 in September of 2013 and up 0.7% from $215,500 last month. The Average SalesPrice in September was $256,660, up 5.6% from $243,006 in September of 2013 and up 4.8% from $245,007 last month. September 2014 ASP was at highestlevel compared to September of 2013 and 2012.


September 2014





Inventory & MSI The Total Inventory of Properties available for sale as of September was 493, down -12.3% from 562 last month and down -4.8% from 518 in September of lastyear. September 2014 Inventory was at the lowest level compared to September of 2013 and 2012. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The September 2014 MSI of 2.8 months was at its lowestlevel compared with September of 2013 and 2012.


Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impactedby the 'mix' of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The September 2014 Selling Price per Square Foot of $95 was up 1.1% from $94 last month and up 6.7% from $89 in September of last year.


September 2014






Inventory / New Listings / Sales 'This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basic annualseasonality of the market as well as the relationship between these items. The number of New Listings in September 2014 was 169, down -19.5% from 210 lastmonth and up 14.2% from 148 in September of last year.


September 2014






Homes Sold 97 82 89 82 80 108 114 133 149 141 137 114 116 91 78 104 108 154 165 156 208 195 220 125 138 119 122 97 101 143 145 177 198 203 198 1753 Mo. Roll Avg 89 84 84 90 101 118 132 141 142 131 122 107 95 91 97 122 142 158 176 186 208 180 161 127 126 113 107 114 130 155 173 193 200 192

(000's) O 11 N D J 12 F M A M J J A S O N D J 13 F M A M J J A S O N D J 14 F M A M J J A SMedianSalePrice 167 177 190 164 157 183 184 202 182 184 185 174 183 187 184 172 184 190 208 197 221 208 200 199 205 195 202 180 210 220 215 225 221 213 216 2173 Mo. Roll Avg 178 177 170 168 175 190 189 189 184 181 180 181 184 181 180 182 194 198 208 208 210 202 201 200 200 192 197 203 215 220 220 220 216 215

O 11 N D J 12 F M A M J J A S O N D J 13 F M A M J J A S O N D J 14 F M A M J J A SInventory 675 632 568 559 564 604 651 620 610 632 626 628 606 562 503 491 499 506 507 550 558 564 589 518 466 447 423 417 457 461 508 545 566 575 562 493MSI 7 8 6 7 7 6 6 5 4 4 5 6 5 6 6 5 5 3 3 4 3 3 3 4 3 4 3 4 5 3 4 3 3 3 3 3




3 Mo. Roll Avg 0.954 0.954 0.963 0.969 0.969 0.966 0.968 0.969 0.971 0.970 0.972 0.971 0.970 0.965 0.962 0.963 0.967 0.971 0.975 0.977 0.976 0.974 0.974 0.972 0.971 0.967 0.969 0.970 0.974 0.974 0.974 0.976 0.979 0.979


New Listings 155 120 121 146 178 215 219 203 190 198 186 154 171 129 99 165 194 248 236 253 228 262 215 148 161 140 120 180 198 198 254 290 287 251 210 169Inventory 675 632 568 559 564 604 651 620 610 632 626 628 606 562 503 491 499 506 507 550 558 564 589 518 466 447 423 417 457 461 508 545 566 575 562 493Sales 97 82 89 82 80 108 114 133 149 141 137 114 116 91 78 104 108 154 165 156 208 195 220 125 138 119 122 97 101 143 145 177 198 203 198 175

(000's) O 11 N D J 12 F M A M J J A S O N D J 13 F M A M J J A S O N D J 14 F M A M J J A SAvg Sale Price 212 214 236 218 185 231 213 248 223 207 220 240 212 233 220 206 232 223 241 243 263 253 244 243 243 233 233 208 241 246 258 256 252 249 245 2573 Mo. Roll Avg 221 223 213 211 209 230 228 226 217 222 224 228 222 220 220 220 232 235 249 253 253 247 243 240 236 225 227 232 248 253 256 252 249 250

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