DFW ARCHIVED March 2017 | Page 10

Market Action Report March 2017
Community Information | School District
Market Action Report March 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
$ 440,000
0 %
4 %
Average List Price of all Current Listings
$ 545,839
-2%
5 %
March Median Sales Price
$ 335,000
3 %
5 %
12 %
10 %
$ 324,000
12 %
6 %
March Average Sales Price
$ 391,006
9 %
7 %
16 %
13 %
$ 370,565
13 %
7 %
Total Properties Currently for Sale ( Inventory )
2,801
26 %
47 %
March Number of Properties Sold
1,271
30 %
8 %
3,077
5 %
March Average Days on Market ( Solds )
43
-9%
-4%
10 %
19 %
45
7 %
25 %
Asking Price per Square Foot ( based on New Listings )
$ 142
1 %
1 %
8 %
8 %
$ 141
10 %
8 %
March Sold Price per Square Foot
$ 136
3 %
3 %
11 %
8 %
$ 133
11 %
6 %
March Month ' s Supply of Inventory
2.2
-3%
-6%
36 %
23 %
2.3
29 %
31 %
March Sale Price vs List Price Ratio
98.3 %
. 7 %
. 8 %
. 1 %
. 3 %
97.8 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,800
March Property sales were 1,271 , up 7.9 % from 1,178 in March of
2016 and 30.1 % higher than the 977 sales last month . March
1,600
Property
2017 sales Sales were at their highest level compared to March of 2016
1,8001,400
March and 2015 Property . March sales YTD were sales 1,271 of , up 3,077 7.9 % are from running 1,178 in 4.7 March % ahead of of
2016 and 30.1 % higher than the 977 sales last month . March
1,6001,200 last year ' s year-to-date sales of 2,938 .
2017 sales were at their highest level compared to March of 2016
1,4001,000
and 2015 . March YTD sales of 3,077 are running 4.7 % ahead of last year ' s year-to-date sales of 2,938 .
1,200
800
1,000
600
Number of Properties Sold
800
400
600
200
400
0
200
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
0
14
15
16
17
Prices
The Median Sales Price in March was $ 335,000 , up 11.7 % from
A
M J
14
J
A S O N
DMedian
J
F M A Sales M J
J Price
A S O and N D Average
J
F M A MSales J
J
A Price S O N D
J
F M
15
16
17
3 Mo Avg
Prices
$ 300,000 in March of 2016 and up 3.4 % from $ 324,000 last
The month Median . The Sales Average Price Sales in March Price was in $ March 335,000 was , up $ 391,006 11.7 % from , up
$
16.3 300,000 % from in March $ 336,177 of 2016 in March and up of 3.4 2016 % from and up $ 324,000 8.6 % from last
390
390
370
Median Sales Price and Average Sales Price
3 Mo Avg
month
$ 359,929 . The last Average month Sales . March Price 2017 in March ASP was $ at 391,006 the highest , up level
16.3 compared % from $ to 336,177 March in of March 2016 and of 2016 2015 and . up 8.6 % from
370
$ 359,929 last month . March 2017 ASP was at the highest level
350
350
330
compared to March of 2016 and 2015 .
330
310
310
290
290 270

Collin

1,227 1,483
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 1,622 1,578 1,385 1,191 947 1,329 813 947 1,178 1,226 1,474 1,593 1,517 1,626 1,379 1,185 1,149 1,220 829 977 1,271
270 250 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
250 14
15 16
17
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
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 March Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 2,801 Inventory , up 26.0 of % Properties from 2,223 available last month for sale and as up of 46.9 March % from 3,000
3.0 was 1,907 2,801 in , March up 26.0 of % last from year 2,223 . March last month 2017 Inventory and up 46.9 was % from at its 3,000 2,500
3.0 2.5
1,907 highest in March level compared of last year with . March March 2017 of Inventory 2016 and was 2015 at . its 2,500 2.5 highest level compared with March of 2016 and 2015 . 2,000
2.0
2,000 2.0
1,500 1.5
1,500 1.5
A comparatively lower MSI is more beneficial for sellers while a 1,000 1.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial March for 2017 sellers MSI while of 2.2 a 1,000 1.0
500 0.5 higher months MSI was is better at its highest for buyers level . The compared March 2017 with MSI March of 2.2 of 2016 500 0.5 months and 2015 was . at its highest level compared with March of 2016 0
0.0 and 2015 .
0
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 0.0 J F M
A M
14 J J A S O N D J F M
15
A M J J A S O N D J F M 16 A M J J A S O N D J F M
17 14
15 16
17
2,097 2,344 2,382 2,424
Agent Name
Title Phone Website Other

Community Information | School District

2,097
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
1,228 969 1,134
2,073 1,792
1,484
724
1,473 1,468 1,543
1,735 863
Number of Properties Sold
1,126
1,900 1,952
1,473 1,468 1,543
1,278 1,429 1,669
2,348 2,361
2,197
1,735 1,900 1,952
1,622 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 2,149
2,420
1,585 1,633 1,735
1,907 1,178 1,226 1,474 1,593
2,120
2,707 2,634
2,149 2,652
2,581
2,432 1,517 1,626
2,144 2,120 2,223
3 Mo Avg
1,379 1,185
2,420 2,707 2,634 2,652 2,581 2,432 2,801 1,149 1,220
2,144 2,120
3 Mo Avg
829
2,223 977
2,801 1,271
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 .