DFW ARCHIVED April 2016 | Page 10

Collin Community Information | School District

Collin Community Information | School District

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
$ 429,900
-1%
8 %
Average List Price of all Current Listings
$ 546,035
-1%
10 %
April Median Sales Price
$ 307,500
2 %
4 %
11 %
10 %
$ 295,000
9 %
5 %
April Average Sales Price
$ 347,188
3 %
4 %
9 %
9 %
$ 333,153
6 %
4 %
Total Properties Currently for Sale ( Inventory )
2416
20 %
39 %
April Number of Properties Sold
1183
2 %
-7%
4100
3 %
April Average Days on Market ( Solds )
30
-21% -21%
-6%
-12%
38
-3%
12 %
Asking Price per Square Foot ( based on New Listings )
$ 134
2 %
2 %
12 %
11 %
$ 131
11 %
8 %
April Sold Price per Square Foot
$ 125
2 %
3 %
9 %
8 %
$ 122
9 %
5 %
April Month ' s Supply of Inventory
2.0
18 %
8 %
50 %
33 %
1.9
20 %
26 %
April Sale Price vs List Price Ratio
99.0 %
. 7 %
. 8 %
-. 1 %
. 6 %
98.2 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher ( up ), lower ( down ) or unchanged ( flat )
3 Mo Avg
Property Sales April Property sales were 1,183 , down 7.4 % from 1,278 in April of 2015 and 1.6 % higher than the 1,164 sales last month . April 2016 sales were at their lowest level compared to April of 2015 and 2014 . April YTD sales of 4,100 are running 2.7 % ahead of last year ' s year-to-date sales of 3,991 .
Prices The Median Sales Price in April was $ 307,500 , up 10.6 % from $ 278,125 in April of 2015 and up 2.5 % from $ 300,000 last month . The Average Sales Price in April was $ 347,188 , up 8.9 % from $ 318,682 in April of 2015 and up 3.4 % from $ 335,722 last month . April 2016 ASP was at the highest level compared to April of 2015 and 2014 .
Number of Properties Sold
1,800 1,600 1,400 1,200 1,000 800 600 400 200
0 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 O N D J F M A 13
14 15
16 3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
340 320 300 280 260 240 220 200
3 Mo Avg
1,551 1,561 1,630 1,562 1,247 1,096 989 1,032 709 913 1,077 1,227 1,483 1,623 1,644 1,561 1,282 1,228 969 1,133 724 863 1,126 1,278 1,429 1,669 1,621 1,578 1,385 1,190 945 1,329 810 943 1,164 1,183
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
O N D
J
F M A
13
14
15
16
Inventory & MSI The Total Inventory of Properties available for sale as of April was 2,416 , up 19.7 % from 2,018 last month and up 39.0 % from 1,738 in April of last year . April 2016 Inventory was at its highest level compared with April of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2016 MSI of 2.0 months was at its highest level compared with April of 2015 and 2014 .
3,000 3,000
2,500 2,500
2,000 2,000
1,500 1,500
1,000 1,000
500 500
2,463 2,591
2,463 2,678 2,698
2,476 2,358
2,088 1,835
Total Inventory & Month ' s Supply of Inventory ( MSI )
2,591 2,678 2,698 2,476 2,358
2,088 1,835 1,908
1,908 1,891 1,936
2,098 2,345 2,383
1,891 1,936
2,098 2,425 2,345 2,600
2,272
2,383
2,074 2,425 1,794
2,600 2,272
2,074 1,794
1,487 1,475 1,470 1,546
1,738 1,905 1,957
1,487 1,475 1,470 1,546 2,358 2,376 2,213 2,125
1,837 1,618 1,682 1,810
2,018
0 0 0.0
M J MJ AJ SJ OA NS DO JN FD MJ
AF MJ AJ MA JS JO AN SD OJ
NF MD AJ MF MJ JA AM SJ OJ NA DS J OF NM DA
J F M A
13 13
14 14
15 15
16 16
1,738 1,905 1,957 2,358 2,376 2,213 2,125
1,837
2,416
3.0 2.5 2.0
1,618 1,682 1,810
1.5 1.0 0.5
2,018
2,416
3.0 2.5 2.0 1.5 1.0 0.5 0.0
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