DFW ARCHIVED October 2017 | Page 6

Market Action Report October 2017
Market Action Report October 2017

COLLIN

County : Collin

Community Information | School District
Price Range : $ 1,000,000 and Up | 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
$ 1,450,000
3 %
5 %
Average List Price of all Current Listings
$ 1,872,607
-1%
5 %
October Median Sales Price
$ 1,281,000
5 %
5 %
-12%
-3%
$ 1,250,000
-6%
-6%
October Average Sales Price
$ 2,673,400
56 %
61 %
72 %
83 %
$ 1,525,956
5 %
5 %
Total Properties Currently for Sale ( Inventory )
174
6 %
61 %
October Number of Properties Sold
10
0 %
-9%
152
25 %
October Average Days on Market ( Solds )
81 -31% -14% -39% -19%
93
-2%
-7%
Asking Price per Square Foot ( based on New Listings )
$ 270
-26% -7%
20 %
7 %
$ 274
8 %
9 %
October Sold Price per Square Foot
$ 446
36 %
60 %
98 %
96 %
$ 248
9 %
9 %
October Month ' s Supply of Inventory
17.4
6 %
20 %
77 %
96 %
10.6
15 %
20 %
October Sale Price vs List Price Ratio
109.0 %
19.6 % 14.7 % 23.2 % 17.8 %
93.9 %
2 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales October Property sales were 10 , down 9.1 % from 11 in October of 2016 and the same as the 10 sales last month . October 2017 Property Sales sales were at a mid level compared to October of 2016 and 201530
.
October Property sales were 10 , down 9.1 % from 11 in October of October YTD sales of 152 are running 24.6 % ahead of last year ' s 2016 and the same as the 10 sales last month . October 2017 year-to-date sales of 122 .
25 sales were at a mid level compared to October of 2016 and 2015 . October YTD sales of 152 are running 24.6 % ahead of last year ' s
20 year-to-date sales of 122 .
15
30
25
20
15
10
Agent Name
Title Phone Website Other
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
10
5
5 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 A S O
0 14 15 16
17 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
Prices 14 15
Median Sales 16 Price and Average Sales 17 Price
3 Mo Avg
The Median Sales Price in October was $ 1,281,000 , down 11.7 % Prices
2,700 from $ 1,450,000 in October of 2016 and up 5.4 % from
Median Sales Price and Average Sales Price
3 Mo Avg
The $ 1,215,500 Median Sales last month Price in . October The Average was $ Sales 1,281,000 Price , down in October 11.7 % was 2,700
2,500 from $ 2,673,400 $ 1,450,000 , up in 72.1 October % from of $ 2016 1,553,409 and up in 5.4 October % from of 2016 and $ 1,215,500 last month . The Average Sales Price in October was 2,5002,300 up 55.6 % from $ 1,717,900 last month . October 2017 ASP was at $ the 2,673,400 highest , up level
72.1 compared % from $ 1,553,409 to October in of October
2016 and of 2016
2015 and
. 2,3002,100 up 55.6 % from $ 1,717,900 last month . October 2017 ASP was at the highest level compared to October of 2016 and 2015 .
2,1001,900 1,9001,700
11
1,7001,500
1,5001,300
3 8 7 12 9 18
1,3001,100
1,100
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
N
D14J
F
15 M A M J
J
A S O N D
J
F M16A M J
J
A S O N D
J
F M
17 A M J
J
A S O
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
The
October Total Inventory was 174 , up of 6.1 Properties % from available 164 last month for sale and as of up 61.1 %
200
October from 108 was in 174 October , up 6.1 of % last from year 164 . last October month 2017 and Inventory up 61.1 % was at
200 from its highest 108 in October level compared of last year with . October 2017 of 2016 Inventory and 2015 was . at
150 its highest level compared with October of 2016 and 2015 .
150
Total Inventory & Month ' s Supply of Inventory ( MSI )
30.0
25.0
30.0
25.0
20.0
20.0
100
15.0
100
15.0
A comparatively lower MSI is more beneficial for sellers while a
A higher comparatively
MSI is better lower for MSI buyers is more
. The beneficial
October for 2017 sellers
MSI while of 17.4 a higher MSI is better for buyers . The October 2017 MSI of 17.4
50 months was at a mid level compared with October of 2016 and months was at a mid level compared with October of 2016 and
2015 .
2015 .
0
50
10.0
5.0
0
0.0
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 A S O
N
D J
F M A 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
14
15
16
17
14
15
16
17
10.0
5.0
0.0
68 11
54 68
3
53 8
66 54 53
7
74
79 66 12 9 18 9 15 99
74 89
88 79
99 89
94 88 100
17 94 97
83 10 100
67 5 97
74 3
83 5
86 67
99 74
7
9 15 17 10 5 3 5 7 8 9
8 9 15 12 12 13 23
108 86 115 99 116 108 121 113
115 111
116
108 121
111 113 111 90
12 108 89
11 111 99
14 126 90
14
15 12 12 13 23 12 11 14 14 9 8 28 18 17 17 18 17 10 10
140 89
9
156 99
164 8
126
28 18 17
140 169
163 156 164
164 174
169 17
163 18
164 17
174 10 10
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Copyright © Coldwell Banker Residential Brokerage | Price Range : $ 1,000,000 and Up | 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 .