Market Action Report
Collin
County: Collin
Agent Name
Market Action Report
County: Collin
March 2016
Title
Phone
Agent Name
Website
TitleOther
Phone
Trending versus*:
Website
Month
LM L3M PYM LY
Other
$1,495,000
0%
0%
March 2016
Community Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
Median
List Price
all Current
Trending versus*:
Prior YTD Prior Year
YTD
versus*:
Trending versus*:
$1,997,099 Trending
4%
-3%
Month
LM L3M PYM LY
YTD
Prior YTD Prior Year
$1,260,000 -12% #### 4% 350%
$290,000
9%
4%
$1,495,000 0%
0%
$1,389,541 -15% #### 3% 335%
$326,950
5%
2%
$1,997,099 4%
-3%
139
24%
83%
$1,260,000 -12% #### 4% 350%
$290,000
9%
4%
8 0%
23
$1,389,541 -15%
#### 3% -33%
335%
$326,950
5% -15% 2%
March
AverageCurrently
Days on Market
41
-2%
21%
Total
Properties
for Sale (Solds)
(Inventory)
139 100
24% -3% ####
83% 5% 194%
MarchNumber
Month's
of Inventory
26%
March
ofSupply
Properties
Sold
817.4
0% 24% 17%
-33% #### 47%
23 14.8
-15% 98%
MarchAverage
Sale Price
vson
List
Price(Solds)
Ratio
92.4%
March
Days
Market
100
-3% 3.0%
########
5% ####
194%-6.1%
41 97.9%
-2% -0% 21% -0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
March Month's Supply of Inventory
17.4 24% 17% #### 47%
14.8
98%
26%
of 97.9%
Properties
March Sale Price vs List Price Ratio
92.4% 3.0% #### #### Number
-6.1%
-0%Sold -0%
Average List Price of all Current Listings
Market Profile & Trends Overview
March Median Sales Price
Median List Price of all Current Listings
March Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
March Median Sales Price
MarchAverage
Number
of Properties
Sold
March
Sales
Price
3 Mo Avg
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
20
14
12
10
8
6
8
Prices
8
8
7
5
3
5
10
17
9
15
9
18
7
12
8
3
8
11
9
15
18
11
11
17
2
13
1
7
5
13
7
11
9
0
9
8
2
4
11
4
6
The Median Sales Price in March was $1,260,000, up 3.9% from
Prices
$1,212,500 in March of 2015 and down 12.3% from $1,437,500 2,300
The
in March
$1,260,000,
up 3.9%
from
lastMedian
month.Sales
ThePrice
Average
Sales was
Price
in March was
$1,389,541,
$1,212,500
in March
of 2015inand
down
fromdown
$1,437,500
up 3.1% from
$1,347,892
March
of12.3%
2015 and
15.1% 2,3002,100
last
month.
The Average
Sales Price
in March
was was
$1,389,541,
from
$1,637,540
last month.
March
2016 ASP
at the
up
3.1% from
2,1001,900
highest
level$1,347,892
compared in
toMarch
Marchofof2015
2015and
anddown
2014.15.1%
from $1,637,540 last month. March 2016 ASP was at the
1,9001,700
highest level compared to March of 2015 and 2014.
Median Sales Price and Average Sales Price
8
8
7
5
3
5
10
17
15
9
18
9
12
7
8
3
11
8
9
15
18
11
11
17
13
2
1
7
5
13
11
7
9
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 M
13
14
15
16
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 M
Median
Sales
Price
and
Average
Sales
Price
13
14
15
16
3 Mo Avg
8
0
3 Mo Avg
16
10
2
Number of Properties Sold
18
9
March Property sales were 8, down 33.3% from 12 in March of
2015 and the same as the 8 sales last month. March 2016 sales
Property
Sales
were at their
lowest level compared to March of 2015 and 2014.20
March Property sales were 8, down 33.3% from 12 in March of
March YTD sales of 23 are running 14.8% behind last year's year18
2015 and the same as the 8 sales last month. March 2016 sales
to-date sales of 27.
were at their lowest level compared to March of 2015 and 2014. 16
March YTD sales of 23 are running 14.8% behind last year's year- 14
to-date sales of 27.
12
11
Property Sales
3 Mo Avg
1,7001,500
1,5001,300
1,3001,100
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 M
14 A M J J A S O N D J F M15
A M13J J A S O N D J F M
A M J J A S O N D J F M 16
13
14
15
16
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of March
wasTotal
139,Inventory
up 24.1% of
from
112 lastavailable
month and
up 82.9%
from 76 in 160
The
Properties
for sale
as of March
was
139, of
uplast
24.1%
from
112 last
month
and upwas
82.9%
from
76 in 160 140
March
year.
March
2016
Inventory
at its
highest
140 120
March
of last year.with
March
2016
at its highest
level compared
March
ofInventory
2015 andwas
2014.
level compared with March of 2015 and 2014.
120 100
100 80
80
60
A comparatively lower MSI is more beneficial for sellers while a60
Ahigher
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
MSI is better for buyers. The March 2016 MSI of 17.4 40 40
higher
MSI
is better
for buyers.
March 2016
of 17.4