DFW ARCHIVED June 2016 | Page 10

Collin Community Information | School District

Collin Community Information | School District

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
$ 428,429
-3%
14 %
Average List Price of all Current Listings
$ 541,018
-4%
13 %
June Median Sales Price
$ 317,000
2 %
2 %
8 %
13 %
$ 302,650
8 %
8 %
June Average Sales Price
$ 354,337
1 %
2 %
6 %
11 %
$ 340,869
6 %
7 %
Total Properties Currently for Sale ( Inventory )
2,842
23 %
45 %
June Number of Properties Sold
1,514
3 %
-9%
7,134
1 %
June Average Days on Market ( Solds )
27
-10% -13%
0 %
-21%
34
0 %
0 %
Asking Price per Square Foot ( based on New Listings )
$ 131
-2%
-1%
9 %
9 %
$ 131
10 %
9 %
June Sold Price per Square Foot
$ 127
1 %
1 %
8 %
10 %
$ 124
8 %
7 %
June Month ' s Supply of Inventory
1.9
19 %
7 %
60 %
22 %
1.8
21 %
18 %
June Sale Price vs List Price Ratio
98.8 %
-. 4 %
-. 0 %
-. 7 %
. 4 %
98.6 %
-0%
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
3 Mo Avg
Property Sales June Property sales were 1,514 , down 9.3 % from 1,669 in June of 2015 and 3.3 % higher than the 1,466 sales last month . June 2016 sales were at their lowest level compared to June of 2015 and 2014 . June YTD sales of 7,134 are running 0.6 % ahead of last year ' s year-to-date sales of 7,089 .
Prices The Median Sales Price in June was $ 317,000 , up 7.5 % from $ 294,825 in June of 2015 and up 2.3 % from $ 310,000 last month . The Average Sales Price in June was $ 354,337 , up 5.7 % from $ 335,364 in June of 2015 and up 1.3 % from $ 349,726 last month . June 2016 ASP was at the highest level compared to June of 2015 and 2014 .
Number of Properties Sold
1,800 1,600 1,400 1,200 1,000 800 600 400 200
0 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 M J 13
14 15
16 3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
400 380 360 340 320 300 280 260 240 220 200
3 Mo Avg
1,630 1,562 1,247 1,096 989 1,032 709 913 1,077 1,227 1,483 1,623 1,644 1,561 1,282 1,228 969 1,134 724 863 1,126 1,278 1,429 1,669 1,621 1,578 1,385 1,190 947 1,329 811 946 1,174 1,223 1,466 1,514
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 M J
13
14
15
16
Inventory & MSI The Total Inventory of Properties available for sale as of June was 2,842 , up 23.4 % from 2,303 last month and up 45.3 % from 1,956 in June of last year . June 2016 Inventory was at its highest level compared with June of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The June 2016 MSI of 1.9 months was at its highest level compared with June of 2015 and 2014 .
3,000 3,000
2,500 2,500
2,000 2,000
1,500 1,500
1,000 1,000
500 500
2,678 2,698
2,476 2,678
2,358 2,698
2,088 2,476
1,835 2,358
Total Inventory & Month ' s Supply of Inventory ( MSI )
2,088 1,835 1,908
1,908 1,891 1,936
2,098
2,098 1,891
2,345
1,936 2,383
2,425 2,345 2,600 2,383
2,272 2,425
2,074 1,793
2,600 2,272
2,074 1,793
1,486 1,474 1,469 1,545
1,737 1,904 1,956
1,486 1,474 1,469 1,545 2,356 2,373 2,211 2,119
1,737 1,904 1,956 2,356 2,373 2,211 2,119
1,831
1,831 1,608 1,664 1,783
1,989
0 0 0.0
J A SJ OA NS DO JN FD
MJ AF MJA JMA J S JO AN SD OJ
NF DM AJ MF MJ AJ AM SJ OJ NA DS JOFNM DA JM FJ
M A M J
13 13 14 14
15 15
16 16
2,230 2,303
2,842
1,608 1,664 1,783
1,989
3.0 2.5
2,230
2.0 1.5 1.0 0.5
2,303
2,842
3.0 2.5 2.0 1.5 1.0 0.5 0.0
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