DFW ARCHIVED July 2017 | Page 6

Market Action Report July 2017
Market Action Report July 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
$ 1,399,000
0 %
-0%
Average List Price of all Current Listings
$ 1,887,018
2 %
3 %
July Median Sales Price
$ 1,252,500
4 %
4 %
5 %
-5%
$ 1,265,000
-3%
-5%
July Average Sales Price
$ 1,437,806
9 %
7 %
14 %
-1%
$ 1,452,714
2 %
0 %
Total Properties Currently for Sale ( Inventory )
199
5 %
62 %
July Number of Properties Sold
18
13 %
38 %
114
50 %
July Average Days on Market ( Solds )
86
25 %
12 %
32 %
-14%
92
19 %
-8%
Asking Price per Square Foot ( based on New Listings )
$ 264
1 %
-1%
-5%
4 %
$ 263
6 %
4 %
July Sold Price per Square Foot
$ 223
-0%
-1%
3 %
-2%
$ 231
0 %
1 %
July Month ' s Supply of Inventory
11.1
-7%
-1%
17 %
22 %
10.2
4 %
12 %
July Sale Price vs List Price Ratio
94.3 %
. 6 %
. 4 %
1.2 % 1.9 %
93.5 %
-1%
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales July Property sales were 18 , up 38.5 % from 13 in July of 2016 and 12.5 % higher than the 16 sales last month . July 2017 sales Property Sales were at their highest level compared to July of 2016 and 2015 . 30 July Property sales were 18 , up 38.5 % from 13 in July of 2016 July YTD sales of 114 are running 50.0 % ahead of last year ' s and 12.5 % higher than the 16 sales last month . July 2017 sales year-to-date sales of 76 .
25 were at their highest level compared to July of 2016 and 2015 . July YTD sales of 114 are running 50.0 % ahead of last year ' s
20 year-to-date sales of 76 .
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 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 M J J
0 14 15
16
17 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 M J J
Prices 14
15 Median Sales Price 16 and Average Sales Price 17
3 Mo Avg The Median Sales Price in July was $ 1,252,500 , up 5.4 % from
Prices $ 1,188,000 in July of 2016 and up 4.4 % from $ 1,199,500 last Median Sales Price and Average Sales Price
2,300
3 Mo Avg
The month Median . The Sales Average Price Sales in July Price was in $ 1,252,500 July was , $ up 1,437,806 5.4 % from , up $ 14.2 1,188,000 % from in $ July 1,259,320 of 2016 in and July up of 4.4 2016 % from and $ up 1,199,500 9.4 % from last
2,3002,100 month $ 1,314,500
. The Average last month
Sales . July
Price 2017 in July
ASP was was $ 1,437,806 at the highest , up level
14.2 compared
% from $ to 1,259,320 July of 2016 in July and of 2015 2016
. and up 9.4 % from 2,1001,900 $ 1,314,500 last month . July 2017 ASP was at the highest level compared to July of 2016 and 2015 .
1,9001,700
15
1,7001,500
1,5001,300
9 8 11 3 8 7 12
1,300
1,100
1,100
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 M J
J
A
S
14 O N D
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
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 July
The was Total 199 , Inventory up 4.7 % from of Properties 190 last available month and for up sale 61.8 as of % from July 123 in
250 was
July 199 of , last up 4.7 year % from . July 190 2017 last Inventory month and was up at 61.8 its % highest from 123 level in
250
July of last year . 2017 Inventory was at its highest level
200 compared with July of 2016 and 2015 .
200 compared with July of 2016 and 2015 .
150
150
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
100
A comparatively lower MSI is more beneficial for sellers while a
10.0 higher MSI is better for buyers . The July 2017 MSI of 11.1
50 higher MSI is better for buyers . The July 2017 MSI of 11.1 months was at its highest level compared with July of 2016 and
50
5.0 months was at its highest level compared with July of 2016 and
2015 .
0
2015 .
0
0.0
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 M 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
14
15
16
17
14
15
16
17
J
10.0
5.0
0.0
91 15
81 91
9
77 81 68
8 77 54
11 68
53 3 8 7 9
12 18
9
66 54
53 74
79 66
89 74
88 79
18 89
99 94
9
88 100
15 99
97 17
94 83
10
100 97
67 5 74
83 3 86 67 5 7
9 15 17 10 5 3 5 7 8 9
8 9 15 12 12 13 23 12 11 14
99 74 108 86 116 118
99
123 108
115 116
115 118
113 123
117 115
96 115
95 113
108 117
96 138
95 158
15 12 12 13 23 12 11 14 14 9 8 14 9 8
28 18 17 16 18
179 190 199
158
108 138
28 179
18 190
17
199 16 18
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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 .