Market Action Report February 2017
Community Information | School District
Market Action Report February 2017
County : Collin
Price Range : $ 1,000,000 and Up | Properties : SFH - Con
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 |
$ 1,437,000 |
3 % |
|
-3% |
|
|
|
|
Average List Price of all Current Listings |
$ 1,970,367 |
1 % |
|
11 % |
|
|
|
|
February Median Sales Price |
$ 1,364,000 |
5 % |
2 % |
-5% |
3 % |
$ 1,300,000 |
-10% |
-2% |
February Average Sales Price |
$ 1,504,672 |
-9% |
-2% |
-8% |
2 % |
$ 1,584,816 |
2 % |
8 % |
Total Properties Currently for Sale ( Inventory ) |
152 |
19 % |
|
67 % |
|
|
|
|
February Number of Properties Sold |
8 -11% |
|
0 % |
|
17 |
13 % |
|
February Average Days on Market ( Solds ) |
125 -17% |
6 % |
21 % |
25 % |
138 |
28 % |
38 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 274 |
10 % |
6 % |
12 % |
5 % |
$ 264 |
10 % |
1 % |
February Sold Price per Square Foot |
$ 230 |
-10% -7% |
6 % |
-1% |
$ 244 |
2 % |
5 % |
February Month ' s Supply of Inventory |
19.0 |
34 % |
37 % |
67 % |
86 % |
16.6 |
48 % |
63 % |
February Sale Price vs List Price Ratio |
91.3 % -7.2% -2.3% 1.8 % -1.4% |
95.0 % |
3 % |
3 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales February Property sales were 8 , equal to 8 in February of 2016 and 11.1 % lower than the 9 sales last month . February 2017 Property sales were Sales at their highest level compared to February of 2016 25 February and 2015 Property . February sales YTD were sales 8 , equal of 17 to are 8 running February 13.3 of % 2016 ahead of and last 11.1 year % ' lower s year-to-date than the 9 sales of last 15 . month . February 2017 sales were at their highest level compared to February of 2016 20 and 2015 . February YTD sales of 17 are running 13.3 % ahead of last year ' s year-to-date sales of 15 .
15
25
20
15
10
Collin
Agent Name
Title Phone Website Other
Community Information | School District
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
10
5
5 0 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 O N D J F 14
15 16
17 0
Prices M A M J J A S O N DMedian J F M ASales M J JPrice A S Oand N DAverage J F M A Sales M J J Price A S O N D J F
3 Mo Avg The Median Sales Price in February was $ 1,364,000 , down 5.1 % 14
15 16
17
Prices from $ 1,437,500 in February of 2016 and up 4.9 % from 2,300
Median Sales Price and Average Sales Price
3 Mo Avg
The $ 1,300,000 Median Sales last Price month in . February The Average was $ Sales 1,364,000 Price , in down February 5.1 % from was $ 1,437,500 1,504,672 in , down February 8.1 % of from 2016 $ 1,637,540 and up 4.9 in % from February of 2,100
2,300
$ 2016 1,300,000 and down last month 9.1 % . from The $ Average 1,656,056 Sales last Price month in February . February was 2017 $ 1,504,672 ASP was , at down the 8.1 lowest % from level $ 1,637,540 compared in to February of of 2016 1,900
2,100
2016 and and 2015 down . 9.1 % from $ 1,656,056 last month . February 2017 ASP was at the lowest level compared to February of 2016 1,9001,700 and 2015 . 1,7001,500 1,5001,300 1,3001,100
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 O N D J F 1,100
14 15
16
17 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 O N D J F 14
15 16
17 Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
The Total Inventory of Properties available for sale as of Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI ) February was 152 , up 18.8 % from 128 last month and up 67.0 % 160
35.0
The Total Inventory of Properties available for sale as of February
from 91 was
in February 152 , up 18.8
of last % from
year 128
. February last month
2017 and
Inventory up 67.0 %
was 160 140
35.0 30.0 from at its 91 highest in February level of compared last year . with February
February
2017 of Inventory 2016 and was 2015 . 140 120
30.0 25.0 at its highest level compared with February of 2016 and 2015 . 120 100
25.0 20.0
100 80
20.0 15.0
80 60 A comparatively lower MSI is more beneficial for sellers while a
15.0
60 A higher comparatively MSI is better lower for MSI buyers is more . The beneficial February for sellers 2017 MSI while of a 19.0
40 10.0
10.0 higher months MSI was is better at its highest for buyers level . The compared February with 2017 February MSI of 19.0 of 201640
20 5.0 months and 2015 was . at its highest level compared with February of 2016 20 0
5.0 0.0 and 2015 .
0 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 O N D0.0J F
M A14 M J J A S O N D J F M15A M J J A S O N D J F M16
A M J J A S O N D J F 17
14 15
16 17
100
13 17 11
109
115 100
108 109 115 97
11 108 91
18 97 81
15 91 77
13 17 11 11 18 15 9 8
9 11 81 68
8 77 54
11 68 53
3
66
3 8 7
8 12
54
53 75
9
81 7
66 91
12 18
75 81 102
90 9
91 18 97
90 9 103
102 15 101
97 17
87 103
10
71 101 78
5 87
3
91 71
5 7
106
78 115 91
9 15 17 10 5 3 5 7 8 9
8 9 15 126
126
106 130
115 137 134
12 130
138 141
12
137 144
13
134
126 23
138 141 128
12
144
152 11
126 14
15 12 12 13 23 12 11 14 15 9 8
128 15
152 9 8
8 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Brokerage | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con Data 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 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 .