DFW ARCHIVED October 2017 | Page 10

Market Action Report October 2017
Community Information | School District
Market Action Report October 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
$ 405,575
1 %
-2%
Average List Price of all Current Listings
$ 498,429
1 %
1 %
October Median Sales Price
$ 320,000
1 %
-2%
5 %
5 %
$ 330,000
8 %
8 %
October Average Sales Price
$ 364,821
3 %
0 %
7 %
6 %
$ 370,047
8 %
7 %
Total Properties Currently for Sale ( Inventory )
3,834
4 %
57 %
October Number of Properties Sold
1,162
-4%
-2%
13,392
3 %
October Average Days on Market ( Solds )
47
18 %
24 %
27 %
31 %
38
15 %
6 %
Asking Price per Square Foot ( based on New Listings )
$ 144
-1%
2 %
9 %
10 %
$ 140
8 %
7 %
October Sold Price per Square Foot
$ 137
1 %
1 %
8 %
9 %
$ 135
8 %
7 %
October Month ' s Supply of Inventory
3.3
8 %
15 %
61 %
90 %
2.3
31 %
30 %
October Sale Price vs List Price Ratio
96.1 %
-. 4 % -1.1% -. 9 % -1.9%
97.8 %
-1%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Collin

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
3 Mo Avg
Property Sales
2,000
October Property sales were 1,162 , down 2.1 % from 1,187 in
October of 2016 and 3.8 % lower than the 1,208 sales last month .
1,800
Number of Properties Sold
3 Mo Avg
Property
October 2017 Sales sales were at their lowest level compared to
1,600
2,000
October Property of 2016 sales and 2015 were . 1,162 October , down YTD 2.1 % sales from of 1,187 13,392 in are
1,800
1,400
October running of 3.5 2016 % ahead and 3.8 of % last lower year than ' s year-to-date the 1,208 sales sales last of month 12,943 . .
October 2017 sales were at their lowest level compared to
1,6001,200
October of 2016 and 2015 . October YTD sales of 13,392 are
1,4001,000
running 3.5 % ahead of last year ' s year-to-date sales of 12,943 .
1,200
800
1,000
600
800
400
600
200
400
0
200
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
A S O
0
14
15
16
17
Prices
The Median Sales Price in October was $ 320,000 , up 4.9 % from
N
D
J
F M A M J
14
15
J
Median
A S O N Sales D
J
F Price M A M and J J AAverage S O N DSales
J
F MPrice A M J
16
17
J
A S O
3 Mo Avg
Prices
$ 304,990 in October of 2016 and up 0.9 % from $ 317,000 last
The month Median . The Sales Average Price Sales in October Price was in October $ 320,000 was , up $ 364,821 4.9 % from , up
$
6.6 304,990 % from in $ October 342,350 of in 2016 October and up of 0.9 2016 % from and up $ 317,000 2.6 % from last
390 month
$ 355,623 . The last Average month Sales . October Price in 2017 October ASP was $ at 364,821 the highest , up level
6.6 compared % from $ to 342,350 October in October of 2016 of and 2016 2015 and . up 2.6 % from
370
$ 355,623 last month . October 2017 ASP was at the highest level
350
390
370
350
330
Median Sales Price and Average Sales Price
3 Mo Avg
compared to October of 2016 and 2015 .
330
310
310
290
290
270
270
250
250
N
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
14
15
16
17
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
A S O
A S O
Inventory & MSI
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
October Total Inventory was 3,834 of , up Properties 3.6 % from available 3,700 for last sale month as of and up
October
57.2 % from was 3,834 2,439 , up in 3.6 October % from of 3,700 last year last . month October and 2017 up
57.2
Inventory % from 2,439 was at in its October highest of level last year compared . October with 2017 October of
Inventory
2016 and was 2015 at . its highest level compared with October of
2016 and 2015 .
4,500
4,5004,000
4,0003,500
3,5003,000
3,0002,500
2,5002,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
3.5
3.0
2.5
2.0
3.5
3.0
2.5
2.0
1.5
A comparatively lower MSI is more beneficial for sellers while
2,000 a
1,500
1.5
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial October for 2017 sellers MSI while of a 3.3
1,5001,000
1.0 higher months MSI was is better at its highest for buyers level . The compared October with 2017 October MSI of 3.3 of
20161,000
500 months was at its highest level compared with October of 2016
500
0.5 and 2015 .
0 and 2015 .
0
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
0.0 A S O
N
D
14 J
F
15 M 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 J
J A S O
14
15
16
17
1.0
0.5
0.0
969 1,134 724 863 1,126
969 1,134 724 863 1,126 1,278 1,429 1,669 1,622 1,578 1,385 1,191 948 1,329 813 947 1,178 1,226 1,474 1,594 1,517 1,628 1,379 1,187 1,150 1,223 831 992 1,310 1,285 1,614 1,761 1,594 1,635 1,208 1,162
1,792 1,484 1,473 1,468 1,542 1,733 1,898 1,949 1,278 1,429 1,669
1,792 1,484 1,473 1,468 1,542 1,733 1,898 1,949
1,622
2,345
1,578 1,385 1,191
2,345 2,358 2,194 2,098 1,805 1,580 1,626 948 1,329
2,358 2,194 2,098 1,805 1,580 1,626 813 947
1,727 1,897
1,727 1,897 2,108 2,120
1,178 1,226 1,474 1,594 1,517 1,628 1,379
2,378 2,639 2,541 2,533 2,439 1,187 1,150
2,271 1,971
2,378
2,108 2,639
2,541 2,120 2,533 2,439 2,271
1,971 1,928 1,990
2,353
1,223 831 992
2,532 1,928
2,831 1,990
2,353 1,310 1,285 1,614
3,385 3,625 3,721 3,700 3,834
2,532 2,831
1,761 1,594
3,385 3,625 3,721
1,635 1,208
3,700 3,834
1,162
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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 .