Market Action Report
April 2017
County: Collin
COLLIN
Market Action Report
Agent Name
April 2017
Title
Phone
Agent Name
Website
Title Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$1,400,000
1%
-4%
Community
County: Collin Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Median
List Price
all Current
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
Trending versus*:
Prior YTD Prior Year
YTD
Trending versus*:
$1,850,532 Trending
-1% versus*:
-2%
Month
LM L3M PYM
LY
Prior YTD Prior Year
$1,300,000
-12% -7% 3%
-2% YTD
$1,395,000
5%
5%
$1,400,000 1%
-4%
$1,423,611 -13% -9% 4% -3% $1,561,600
9%
6%
$1,850,532 -1%
-2%
197 16%
73%
$1,300,000 -12% -7% 3% -2% $1,395,000
5%
5%
18 -36%
20%
63
62%
$1,423,611 -13% -9% 4% -3% $1,561,600
9%
6%
97 -3% -11%
109
21%
9%
197 16%
73% 33% -3%
$259
-4%
-2%
2%
-1%
$264
9%
1%
18 -36%
20%
63
62%
April
Sold
Price
per
Square
Foot
$275
15%
10%
23%
18%
$251
6%
8%
April Average Days on Market (Solds)
97 -3% -11% 33% -3%
109
21%
9%
April
Month's
Supply
of
Inventory
10.9
80%
-4%
44%
9%
11.9
14%
18%
Asking Price per Square Foot (based on New Listings)
$259 -4% -2% 2% -1%
$264
9%
1%
April Sold
Sale Price
Price per
vs Square
List Price
Ratio
1%
April
Foot
$275 94.7%
15% 3.5%
10% 1.5%
23% -1.8%
18% 2.3% $251 93.3%
6% -1% 8%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
April Month's Supply of Inventory
10.9 80% -4% 44% 9%
11.9
14%
18%
of 93.3%
Properties
April Sale Price vs List Price Ratio
94.7% 3.5% 1.5% -1.8% Number
2.3%
-1% Sold 1%
Average List Price of all Current Listings
Market Profile & Trends Overview
April Median Sales Price
Median List Price of all Current Listings
April Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
April Median Sales Price
April Number of Properties Sold
April Average Sales Price
April Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking
Price of
per
Square Foot
April
Number
Properties
Sold (based on New Listings)
3 Mo Avg
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property Sales
30
April Property sales were 18, up 20.0% from 15 in April of 2016
and 35.7% lower than the 28 sales last month. April 2017 sales
25
Property Sales
were at their highest level compared to April of 2016 and 2015. 30
April Property sales were 18, up 20.0% from 15 in April of 2016
April YTD sales of 63 are running 61.5% ahead of last year's year-
and 35.7% lower than the 28 sales last month. April 2017 sales
25 20
to-date sales of 39.
were at their highest level compared to April of 2016 and 2015.
April YTD sales of 63 are running 61.5% ahead of last year's year-
20 15
to-date sales of 39.
Number of Properties Sold
3 Mo Avg
Prices
The Median Sales Price in April was $1,300,000, up 2.8% from
Prices
$1,265,000 in April of 2016 and down 12.2% from $1,480,000
2,300
The
in April
was
$1,300,000,
up 2.8%
from up
last Median
month. Sales
The Price
Average
Sales
Price
in April was
$1,423,611,
$1,265,000
in
April
of
2016
and
down
12.2%
from
$1,480,000
4.5% from $1,362,768 in April of 2016 and down 13.0% from 2,300 2,100
last
month. The
April
was
$1,636,212
last Average
month. Sales
April Price
2017 in ASP
was
at $1,423,611,
the highest up
level
4.5%
from $1,362,768
April and
of 2016
2,100 1,900
compared
to April of in
2016
2015. and down 13.0% from
$1,636,212 last month. April 2017 ASP was at the highest level
1,900 1,700
compared to April of 2016 and 2015.
10
Median Sales Price and Average Sales Price
7
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
14
15
16
17
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
Median
Sales
Price
and
Average
Sales
Price
14
15
16
17
3 Mo Avg
0
0
5 5
10
15 10
3 Mo Avg
1,700 1,500
1,500 1,300
1,300 1,100
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
15 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 14 J A S O N D J F M
14
15
16
17
100
150
A comparatively lower MSI is more beneficial for sellers while a 100
A higher
comparatively
lower for
MSI buyers.
is more The
beneficial
f