DFW ARCHIVED September 2017 | Page 11

Market Action Report
September 2017
Collin
County: Collin
Agent Name
Title
Phone
Website
Other
Community Information | School District
Price Range: All | Properties: SFH - Con
Days On Market for Sold Properties
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 40, up 14.3% from
35 days last month and up 14.3% from 35 days in September of
last year. The September 2017 DOM was at a mid level
compared with September of 2016 and 2015.
3 Mo Avg
50
45
40
40
35
35
31
30
25
20
15
10
5
0
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Selling Price per Square Foot
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 2017 Selling Price per Square Foot of $136 was
up 0.3% from $135 last month and up 6.6% from 127 in
September of last year.
150
145
140
135
130
125
120
115
110
105
100
3 Mo Avg
136
127
117
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Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
101%
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 100%
of a Seller's market. The September 2017 Selling Price vs
99%
Original List Price of 96.6% was down from 97.5% last month
and down from 97.6% in September of last year.
98%
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
98.0%
97.6%
96.6%
97%
96%
95%
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
4,500
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
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 2017 was 1,634, down 14.9% from 1,920
last month and up 11.6% from 1,464 in September of last year.
0
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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.
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