Collin Community Information | School District
Collin Community Information | School District
Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for September was 99 , down 29.3 % from 140 days last month and up 20.7 % from 82 days in September of last year . The September 2016 DOM was at a mid level compared with September of 2015 and 2014 . |
300
250
200
150
100
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Days On Market for Sold Properties
109
82
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3 Mo Avg
99
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50 |
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Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The September 2016 Selling Price per Square Foot of $ 212 was down 5.8 % from $ 225 last month and up 3.3 % from 205 in September of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The September 2016 Selling Price vs Original List Price of 88.3 % was down from 88.7 % last month and up from 87.5 % in September of last year .
0
290 270 250 230 210 190 170 150
105 % 100 % 95 % 90 %
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13 |
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14 |
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15 |
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16 |
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Selling Price per Square Foot
215
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F M A M J |
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A S O N D |
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F M A M J |
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205
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
91.2 % 87.5 %
3 Mo Avg
3 Mo Avg
212
88.3 %
85 % 80 %
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in September 2016 was 29 , up 11.5 % from 26 last month and up 61.1 % from 18 in September of last year .
75 %
180 160 140 120 100 80 60 40 20 0
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15 |
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16 |
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95 89
73 83 89 100 109 115 108 97
Inventory / New Listings / Sales
91 81 77
68
54 53
66 75 81
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F M A M J |
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A S O N D |
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16 |
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91 90 102 97 102 101
87
71 79
95 112
124 137 144 152 153 160 c o l d w e l l b a n k e r h o m e s . c o m | 7