DFW ARCHIVED May 2017 | Page 10

Market Action Report May 2017
Community Information | School District
Market Action Report May 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
$ 434,900
-3%
1 %
Average List Price of all Current Listings
$ 539,234
-3%
1 %
May Median Sales Price
$ 345,000
3 %
3 %
11 %
13 %
$ 331,000
10 %
9 %
May Average Sales Price
$ 382,178
3 %
2 %
10 %
11 %
$ 373,050
11 %
8 %
Total Properties Currently for Sale ( Inventory )
3,451
21 %
61 %
May Number of Properties Sold
1,547
21 %
5 %
5,949
6 %
May Average Days on Market ( Solds )
34
-8% -13% 13 %
-6%
40
11 %
11 %
Asking Price per Square Foot ( based on New Listings )
$ 140
-1%
-1%
6 %
7 %
$ 141
9 %
8 %
May Sold Price per Square Foot
$ 137
2 %
2 %
9 %
9 %
$ 134
9 %
6 %
May Month ' s Supply of Inventory
2.2
-0%
4 %
53 %
24 %
2.2
30 %
25 %
May Sale Price vs List Price Ratio
98.6 %
. 0 %
. 3 %
-. 6 %
. 6 %
98.2 %
-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
May Property sales were 1,547 , up 5.0 % from 1,474 in May of
2016 and 21.1 % higher than the 1,277 sales last month . May
1,600
Property
2017 sales Sales were at their highest level compared to May of
20161,8001,400
May and Property 2015 . May sales YTD were sales 1,547 of , up 5,949 5.0 % are from running 1,4745.5 in May % ahead of of
2016 and 21.1 % higher than the 1,277 sales last month . May
1,6001,200 last year ' s year-to-date sales of 5,638 .
2017 sales were at their highest level compared to May of 2016
1,4001,000
and 2015 . May YTD sales of 5,949 are running 5.5 % ahead of last year ' s year-to-date sales of 5,638 .
1,200
800
1,000
600
Number of Properties Sold
800
400
600
200
400
0
200
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 A M
0
14
15
16
17
Prices
The Median Sales Price in May was $ 345,000 , up 11.3 % from
J
J
14
A S O N D
J
F
Median M A M J Sales
J
A S Price O N D and
J
F MAverage A M J
J Sales
A S OPrice N D
J
F M A M
15
16
17
3 Mo Avg
Prices
$ 310,000 in May of 2016 and up 2.7 % from $ 336,000 last
The month Median . The Sales Average Price Sales in May Price was $ in 345,000 May was , up $ 382,178 11.3 % from , up 9.8 %
$ from 310,000 $ 348,011 in May in of May 2016 of and 2016 up and 2.7 % up from 3.0 $ % 336,000 from $ 371,150 last last
390
390
370
Median Sales Price and Average Sales Price
3 Mo Avg
month . . The May Average 2017 ASP Sales was Price at in the May highest was $ level 382,178 compared , up 9.8 % to May from of 2016 $ 348,011 and 2015 in May . of 2016 and up 3.0 % from $ 371,150 last
370 month . May 2017 ASP was at the highest level compared to May
350
350
330
of 2016 and 2015 .
330
310
310
290
290 270

Collin

1,623 1,645
1,623 1,645 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 1,627 1,379 1,186 1,150 1,220 830 988 1,307 1,277 1,547
270 250 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 A M
250 14
15 16
17 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 A 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 May Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 3,451 Inventory , up 21.1 % of from Properties 2,849 available last month for sale and as up of 60.7 May % from 4,000
3.0 was 2,148 3,451 in , May up 21.1 of % last from year 2,849 . May last 2017 month Inventory and up was 60.7 at % from its highest 4,0003,500 3.0
2.5
2,148 level in compared May of last with year May . May of 2016 2017 Inventory and 2015 . was at its highest 3,5003,000 2.5 level compared with May of 2016 and 2015 . 3,0002,500
2.0
2,500 2.0
2,000 1.5
2,0001,500 1.5
A comparatively lower MSI is more beneficial for sellers while
1,500
a 1.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial May 2017 for sellers MSI of while 2.2 a 1,000 1.0 higher MSI is better for buyers . The May 2017 MSI of 2.2
1,000 months was at its highest level compared with May of 2016 and 500
0.5
0.5 months was at its highest level compared with May of 2016 and 500 2015 .
0 0.0
2015 . 0
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
0.0 M A M
J J
14 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 A 17 M
14 15
16
17
2,382 2,424 2,599 2,271 2,073
1,792 1,484
Agent Name
Title Phone Website Other

Community Information | School District

1,561 1,282
2,382 2,424 2,599
2,271
1,228 969 1,134 724 863
2,073
1,792 1,484 1,473 1,468
1,126
1,473 1,468 1,543 1,735 1,900 1,543 1,952
1,278
Number of Properties Sold
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
2,102
1,810 1,585 1,633 1,735 947 1,329 813
2,148 2,417
1,907 1,585
1,633 2,120 1,735
947 1,178 1,226 1,474 1,593
2,704 2,630 2,648 2,573
1,907 2,120 2,148
1,517 1,627 1,379 1,186
2,419 2,133 2,106 2,202
2,607
3 Mo Avg
1,150
2,417 2,704 2,630 2,648 2,573 2,419
2,133 2,849
1,220
3,451 830 988
2,106 2,202
2,607
3 Mo Avg
1,307
2,849 1,277
3,451 1,547
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 .