Market Action Report January 2017
Community Information | School District
Market Action Report January 2017
County : Collin
Price Range : All | 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 |
$ 439,000 |
1 % |
|
7 % |
|
|
|
|
Average List Price of all Current Listings |
$ 538,785 |
0 % |
|
10 % |
|
|
|
|
January Median Sales Price |
$ 305,000 |
-2% |
-1% |
9 % |
0 % |
$ 305,000 |
9 % |
0 % |
January Average Sales Price |
$ 352,921 |
-0% |
1 % |
11 % |
2 % |
$ 352,921 |
11 % |
2 % |
Total Properties Currently for Sale ( Inventory ) |
2,313 |
7 % |
|
42 % |
|
|
|
|
January Number of Properties Sold |
797 -33% |
-2% |
797 |
-2% |
January Average Days on Market ( Solds ) |
46 |
2 % |
10 % |
0 % |
28 % |
46 |
0 % |
28 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 140 |
5 % |
3 % |
12 % |
6 % |
$ 140 |
12 % |
6 % |
January Sold Price per Square Foot |
$ 128 |
-1% |
0 % |
8 % |
2 % |
$ 128 |
8 % |
2 % |
January Month ' s Supply of Inventory |
2.9 |
60 % |
27 % |
44 % |
61 % |
2.9 |
44 % |
61 % |
January Sale Price vs List Price Ratio |
97.3 % |
. 6 % |
. 4 % |
-. 1 % |
-. 7 % |
97.3 % |
-0% |
-1% |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales January Property sales were 797 , down 2.0 % from 813 in January of 2016 and 33.5 % lower than the 1,198 sales last Property month . January Sales 2017 sales were at a mid level compared to
January Property of 2016 sales and 2015 were . 797 January , down YTD 2.0 % sales from of 813797 in are January running of 2.0 2016 % behind and 33.5 last % lower year ' s than year-to-date the 1,198 sales last of 813 . month . January 2017 sales were at a mid level compared to January of 2016 and 2015 . January YTD sales of 797 are running 2.0 % behind last year ' s year-to-date sales of 813 .
1,8001,400 1,6001,200 1,4001,000 1,200 1,000
1,800 1,600
800 600
Number of Properties Sold
800 |
400 |
600 |
200 |
400 |
0 |
200 |
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 M J |
J |
A S O N D |
J |
0 |
14 |
|
|
|
15 |
|
|
|
16 |
|
|
|
17 |
|
Prices
The Median Sales Price in January was $ 305,000 , up 8.9 % from
|
F
M A M J
14
|
J |
A S
OMedian N D
J
F Sales M A M Price J
J
A and S O NAverage D
J
F MSales A M J Price
J
A S O N D
J
15
16
17
|
3 Mo Avg |
|
Prices
$ 280,000 in January of 2016 and down 1.6 % from $ 310,000
The last Median month Sales . The Price Average in January Sales Price was $ in 305,000 January , up was 8.9 $ % 352,921 from ,
$ up 280,000 10.6 % in from January $ 319,169 of 2016 in January and down of 1.6 2016 % from and $ down 310,000 0.1 %
390
|
390
370
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
|
last from month $ 353,381 . The Average last month Sales . January Price in January 2017 ASP was was $ 352,921 at the highest , up level 10.6 compared % from $ 319,169 to January in January of 2016 of and 20162015 and . down 0.1 %
370 from $ 353,381 last month . January 2017 ASP was at the highest
350
|
350
330
|
|
|
level compared to January of 2016 and 2015 . |
330 |
310 |
|
310 |
290 |
290 270
Collin
913
913 1,077 1,227 1,483 1,623 1,644 1,561 1,282 1,228 969 1,134 724 863 1,126 1,278 1,429 1,669 1,621 1,578 1,385 1,191 947 1,329 813 947 1,178 1,226 1,474 1,592 1,517 1,624 1,375 1,184 1,146 1,198 797
270 250 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 M J J A S O N D J
250 14
15 16
17
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 M J J A S O N D J 14
15 16
17
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of Total Inventory & Month ' s Supply of Inventory ( MSI )
The January Total Inventory was 2,313 of , up Properties 6.7 % from available 2,168 last for sale month as of and up 41.6 % 3,000
3.5
January from 1,633 was 2,313 in January , up 6.7 of % last from year 2,168 . January last month 2017 and Inventory up 41.6 % was 3,000 2,500
3.5 3.0 from at its 1,633 highest in January level compared of last year with . January 2017 of 2016 Inventory and 2015 was . 2,500
3.0 2.5 at its highest level compared with January of 2016 and 2015 . 2,000 2.5
2,000 2.0
1,500 2.0
1,500 1.5
A comparatively lower MSI is more beneficial for sellers while a 1,000 1.5
1.0 A higher comparatively MSI is better lower MSI for buyers is more . The beneficial January for 2017 sellers MSI while of a 2.9 1,000
500 1.0 higher months MSI was is better at its highest for buyers level . The compared January with 2017 January MSI of 2.9 of 2016 0.5
500 months was at its highest level compared with January of 2016
0.5 and 2015 .
0 0.0 and 2015 . 0
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 M J J A S O
0.0 N D J
F M
14
A M J J A S O N D J F M 15
A M J J A S O N D J F M A 16
M J J A S O N D J 17
14 15
16
17
1,890 1,935
2,097 1,077
Agent Name
Title Phone Website Other
Community Information | School District
1,890 1,935
1,227 2,097
1,483
2,344 2,382 2,424
1,623 1,644 1,561 1,282
2,344 2,382 2,424
2,599 2,271
2,599 2,271
2,073 1,792
1,484 1,228
2,073
969 1,134
1,473 1,468 1,543
1,735
Number of Properties Sold
724
1,792 1,484 1,473 1,468 863 1,126
1,900 1,543 1,952
1,278 1,429
2,348 2,361
2,197
1,735 1,900 1,952 1,669 1,621 1,578 1,385 1,191
2,348
2,361 2,197 2,102
1,810 947
2,102
1,810 1,585 1,633 1,735
1,907 1,329 813 947
2,120 2,148
2,419
1,585 1,633
1,178
1,735 1,907
2,120 1,226 1,474 1,592
2,706 2,643
2,148 2,669
2,596 2,454
3 Mo Avg
1,517 1,624
2,168
2,313 1,375 1,184
2,419 2,706 2,643 2,669 2,596 2,454
3 Mo Avg
1,146 1,198
2,168 2,313
797
10 | 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 : All | 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 .