DFW ARCHIVED July 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
$ 409,945
-5%
12 %
Average List Price of all Current Listings
$ 514,627
-5%
12 %
July Median Sales Price
$ 307,000
-4%
-1%
8 %
10 %
$ 304,990
9 %
9 %
July Average Sales Price
$ 343,540
-3%
-1%
7 %
7 %
$ 341,485
6 %
7 %
Total Properties Currently for Sale ( Inventory )
3,212
25 %
37 %
July Number of Properties Sold
1,445
-8%
-11%
8,647
-1%
July Average Days on Market ( Solds )
27
-7%
-7%
13 %
-21%
33
3 %
-3%
Asking Price per Square Foot ( based on New Listings )
$ 133
2 %
1 %
11 %
11 %
$ 131
10 %
9 %
July Sold Price per Square Foot
$ 127
-0%
0 %
9 %
10 %
$ 125
9 %
8 %
July Month ' s Supply of Inventory
2.2
36 %
24 %
53 %
45 %
1.8
22 %
19 %
July Sale Price vs List Price Ratio
99.0 %
. 2 %
. 0 %
-. 3 %
. 6 %
98.6 %
-0%
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
3 Mo Avg
Property Sales July Property sales were 1,445 , down 10.9 % from 1,621 in July of 2015 and 8.1 % lower than the 1,572 sales last month . July 2016 sales were at their lowest level compared to July of 2015 and 2014 . July YTD sales of 8,647 are running 0.7 % behind last year ' s year-to-date sales of 8,710 .
Prices The Median Sales Price in July was $ 307,000 , up 8.3 % from $ 283,500 in July of 2015 and down 4.0 % from $ 319,900 last month . The Average Sales Price in July was $ 343,540 , up 6.9 % from $ 321,442 in July of 2015 and down 3.3 % from $ 355,147 last month . July 2016 ASP was at the highest level compared to July of 2015 and 2014 .
1,800 1,600 1,400 1,200 1,000 800 600 400 200
0
400 380 360 340 320 300 280 260 240 220 200
Number of Properties Sold
3 Mo Avg
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 1,134 724 863 1,126 1,278 1,429 1,669 1,621 1,578 1,385 1,190 947 1,329 812 946 1,174 1,226 1,472 1,572 1,445
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 M J
J
13
14
15
16
Median Sales Price and Average Sales Price
3 Mo Avg
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 M J
13
14
15
16
J
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of July was 3,212 , up 24.6 % from 2,577 last month and up 36.7 % from 2,350 in July of last year . July 2016 Inventory was at its highest level compared with July of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The July 2016 MSI of 2.2 months was at its highest level compared with July of 2015 and 2014 .
Total Inventory & Month ' s Supply of Inventory ( MSI )
3,500
3,500
3,000
3,000
2,500
2,500
2,000
2,000
1,500
1,500
3.0
2.5
2.0
1.5
1,000
1,000
1.0
500
500
0.5
0
0
0.0
A
S AO
NS DO
NJ FD
MJ
AF M JA JMA J S JOAN SD
OJ
NF DM JA
MF MJ
AJ
MA SJ
OJ
NA DS JO FNM DA
JMF J
MJ A M J
J
13
13
14
14
15
15
16
16
2,698 2,476
2,358 2,698
2,087 2,476
1,834 2,358
2,087 1,834 1,907
1,907 1,890 1,935 2,097 2,344 2,382 2,424
2,599 2,271
1,890 1,935 2,097 2,344 2,382 2,424
2,599 2,271
2,073 1,792
2,073
1,792 1,484 1,473
1,484 1,473 1,468 1,543
1,468 1,543
1,735 1,901 1,953 2,350 2,366 2,204 2,112
1,735 1,901 1,953 2,350 2,366 2,204 2,112 1,820
1,820 1,595 1,645 1,758
1,964 2,199 2,253
2,577 3,212
1,595 1,645 1,758
1,964 2,199 2,253
2,577
3,212
3.0 2.5 2.0 1.5 1.0 0.5 0.0
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