DFW ARCHIVED June 2016 | Page 11

Market Action Report

June 2016

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 June was 27, down 10.0% from 30
days last month and equal to 27 days in June of last year. The
June 2016 DOM was at its lowest level compared with June of
2015 and 2014.

3 Mo Avg

60
50
40
29

30

27

27

20
10
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 June 2016 Selling Price per Square Foot of $127 was up 0.6%
from $127 last month and up 7.9% from 118 in June of last year.

150
140
130
120
110
100
90
80
70
60
50

3 Mo Avg

127
118
106

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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
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 June 2016 Selling Price vs Original List
Price of 98.8% was down from 99.2% last month and down from
99.5% in June of last year.

3 Mo Avg

Avg Selling Price divided by Avg Listing Price for sold properties during the month

101%
100%

99.5%
98.8%

99%

98.8%

98%
97%
96%
95%
94%
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Inventory / New Listings / Sales

Inventory / New Listings / Sales

2,842
2,303

2,230

1,989

1,783

1,664

1,608

2,119

1,831

2,373

2,211

2,356
1,956

1,904

1,737

1,545

1,469

1,486

2,074

2,600

2,272

2,425

2,383

2,345

2,358

2,098

1,936

1,908

1,891

1,793

1,474

1,000

1,835

1,500

2,088

2,000

2,698

2,500

2,476

3,000
2,678

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 June 2016 was 2,093, up 13.9% from 1,837 last month and up
11.9% from 1,870 in June of last year.

500
0
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Copyright © Coldwell Banker | 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
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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