Collin Community Information | School District
Collin Community Information | School District
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 a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for February was 125 , down 16.7 % from 150 days last month and up 21.4 % from 103 days in February of last year . The February 2017 DOM was at a mid level compared with February of 2016 and 2015 .
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 impacted by 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 February 2017 Selling Price per Square Foot of $ 230 was down 10.1 % from $ 256 last month and up 6.5 % from 216 in February of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original 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 February 2017 Selling Price vs Original List Price of 91.3 % was down from 98.4 % last month and up from 89.7 % in February of last year .
180 160 140 120 100 80 60 40 20 0
290 270 250 230 210 190 170 150
105 % 100 % 95 % 90 %
Days On Market for Sold Properties
164
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A M J
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S O N D |
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S O N D |
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14 |
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15 |
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16 |
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17 |
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103
Selling Price per Square Foot
212
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A M J
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S O N D |
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F M A M J |
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S O N D |
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F M A M J |
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14 |
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15 |
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16 |
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17 |
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216
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
91.9 % 89.7 %
3 Mo Avg
3 Mo Avg
3 Mo Avg
125
230
91.3 %
85 % 80 %
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 annual seasonality of the market as well as the relationship between these items . The number of New Listings in February 2017 was 50 , up 38.9 % from 36 last month and up 78.6 % from 28 in February of last year .
75 %
160 140 120 100 80 60 40 20 0
100
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A S O N D |
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F M A M J |
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A S O N D |
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F M A M J |
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A S O N D |
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14 |
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15 |
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16 |
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17 |
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109
115 108 97 91
81 77
68
54
Inventory / New Listings / Sales
53
66 75 81 91 90 102 97 103
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A M J
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14 |
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15 |
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16 |
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17 |
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101
87
71 78
91 106
115 126 130 137 134 138 141 144
126 128
152 c o l d w e l l b a n k e r h o m e s . c o m | 9