DFW ARCHIVED September 2017 | Page 6

Market Action Report September 2017
Market Action Report September 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
$ 1,485,000
-1%
-1%
Average List Price of all Current Listings
$ 1,922,308
0 %
5 %
September Median Sales Price
$ 1,215,500
1 %
1 %
8 %
-8%
$ 1,250,000
-4%
-6%
September Average Sales Price
$ 1,717,900
36 %
23 %
42 %
18 %
$ 1,445,150
0 %
-1%
Total Properties Currently for Sale ( Inventory )
172
1 %
55 %
September Number of Properties Sold
10 -41%
-17%
142
28 %
September Average Days on Market ( Solds )
118
23 %
31 %
27 %
18 %
94
2 %
-6%
Asking Price per Square Foot ( based on New Listings )
$ 308
14 %
8 %
-6%
22 %
$ 270
6 %
7 %
September Sold Price per Square Foot
$ 329
57 %
40 %
53 %
44 %
$ 234
3 %
3 %
September Month ' s Supply of Inventory
17.2
71 %
40 %
86 %
93 %
10.2
12 %
15 %
September Sale Price vs List Price Ratio
91.1 % 1.2 % -1.4% 2.0 % -1.5%
92.9 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales September Property sales were 10 , down 16.7 % from 12 in September of 2016 and 41.2 % lower than the 17 sales last Property month . September
Sales
2017 sales were at their lowest level 30 September Property sales were 10 , down 16.7 % from 12 in compared to September of 2016 and 2015 . September YTD September of 2016 and 41.2 % lower than the 17 sales last sales of 142 are running 27.9 % ahead of last year ' s year-to-date 25 month . September 2017 sales were at their lowest level sales of 111 . compared to September of 2016 and 2015 . September YTD
20 sales of 142 are running 27.9 % ahead of last year ' s year-to-date sales of 111 .
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 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 J J A S
0 14 15 16
17 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 J J A S
Prices 14 15
Median Sales 16 Price and Average Sales 17 Price
3 Mo Avg
The Median Sales Price in September was $ 1,215,500 , up 7.6 %
Prices from $ 1,130,000 in September of 2016 and up 1.3 % from Median Sales Price and Average Sales Price
2,300
3 Mo Avg
The $ 1,200,000 Median Sales last Price month in . September The Average was Sales $ 1,215,500 Price in , up September 7.6 % from was $ 1,130,000 1,717,900 , in up September 42.2 % from of 2016 $ 1,208,279 and up in 1.3 September % from of 2,3002,100 $ 2016 1,200,000 and up last 36.5 month % from . The $ 1,258,702 Average Sales last Price month in . September September was 2017
$ 1,717,900 ASP was
, at up the 42.2 highest % from level $ 1,208,279 compared in September to September of of
2,1001,900
2016 and up 36.5 % from $ 1,258,702 last month . September 2016 and 2015 . 2017 ASP was at the highest level compared to September of
1,9001,700
2016 and 2015 .
1,7001,500
8 11
8
1,5001,300
3 8 7 12 9 18
1,3001,100
1,100
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 J
J
A S
O
N14D
J
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
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
September Total Inventory was 172 of , up Properties 0.6 % from available 171 last for month sale as and of up 55.0 %
200
September from 111 in was September 172 , up 0.6 of % last from year 171 . last September month and 2017 up Inventory 55.0 %
200 from was 111 at its in September highest level of compared last year . September with September 2017 Inventory of 2016 and
150 was
2015 at . its highest level compared with September of 2016 and
150
2015 .
100
Total Inventory & Month ' s Supply of Inventory ( MSI )
30.0
25.0
20.0
30.0
25.0
20.0
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 September for sellers 2017 while MSI a of
50 higher
17.2 months MSI is better was at for its buyers highest
. The level
September compared 2017 with MSI September of of
17.2 months was at its highest level compared with September of
2016 and 2015 .
2016 and 2015 .
0
50
0
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 J
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
14
15
16
17
14
15
16
17
10.0
5.0
0.0
J
A S
10.0
5.0
0.0
77 68
77 11 68
54
53 3 8
66 54 53
7 66
74
79 12 9 79
89 74 88
18 89
9 88
99 94
15 99
100 97
17 94
83 10 100
5
97
67 74
3
83 86 67
5 99 74
7
9 15 17 10 5 3 5 7 8 9
8
108 86 115 99
9 108
15
116
121 115 113
12 116
12 121
111 109
13 113 113
23 111 92
12 109
11 113
91 102
14
129 145
92
15 12 12 13 23 12 11 14 14 9 8 14 9
28 18 17 17 18 17 10
91 161 102
8
170 175
129 28
145 161
18
170
171 172
17 175
17 171
18
172 17 10
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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 .