Prudential Texas Properties Executive Summary

Monday February 18, 2013

COLLEYVILLE, TX 76034
Single Family Homes

This Week
The median list price in COLLEYVILLE, TX 76034 this week is $590,000. The Market Action Index has been climbing lately while days-onmarket are trending down, these point to a positive near-term outlook for the market.

Real-Time Market Profile Median List Price $ 590,000 Asking Price Per Square Foot $ 142 Average Days on Market (DOM) 221 Percent of Properties with Price Decrease 29 % Percent Relisted (reset DOM) n/a Percent Flip (price increased) 2% Median House Size (sq ft) 3933 Median Lot Size 0.50 - 1.0 acre Median Number of Bedrooms 4.0 Median Number of Bathrooms Market Action Index Buyer's Advantage 4.0 27.4

Trend ==

Supply and Demand

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

==

No change

== Strong upward trend Strong downward trend = Slight upward trend Slight downward trend

Price
Market Action Index
In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend over the last several weeks.

Price Trends

7-Day Rolling Average

90-Day Rolling Average

Buyer/Seller Cutoff

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Quartiles
Quartile Top/First Upper/Second Lower/Third Bottom/Fourth
Median Price Sq. Ft. Lot Size
0.50 - 1.0 acre 0.50 - 1.0 acre 1.0 - 2.5 acres 0.50 - 1.0 acre

7-Day Rolling Average

90-Day Rolling Average

Characteristics per Quartile

Investigate the market in quartiles where each quartile is 25% of homes ordered by price.
Most expensive 25% of properties Upper-middle 25% of properties Lower-middle 25% of properties Least expensive 25% of properties

Beds

Baths

Age Inventory New Absorbed DOM

$ 974,950 $ 649,998 $ 507,500 $ 368,900

6060 4503 3608 3195

5.0 4.0 4.0 4.0

5.5 4.2 3.5 3.0

10 6 16 25

32 32 32 33

3 0 5 5

1 0 6 4

379 138 192 174

Prudential Texas Properties

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