Bryan Realty

Collierville, TN

Single-Family Homes

Market Report / michael@bryanrealty.com



Collierville, TN

Fri May 29 2020
This week the median list price for Collierville, TN is $542,000 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has held steady at or around 183. Click here to stay informed with the Collierville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Collierville, TN

Fri May 29 2020
This week the median list price for Collierville, TN is $542,000 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has held steady at or around 183. Click here to stay informed with the Collierville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Collierville market.
Median List Price $542,000
Per Square Foot $142
Days on Market 112
Price Decreased 39%
Price Increased 4%
Relisted 9%
Inventory 183
Median Rent $1,850
Most Expensive $1,850,000
Least Expensive $120,000
Market Action 37
Slight Seller's Advantage

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$789,500 4,749 0.5 - 1 acre 5 4 12 6 2 119
$599,450 4,249 0.25 - 0.5 acre 5 4 4 1 2 152
$499,700 3,499 0.25 - 0.5 acre 4 3 2 2 6 123
$392,450 3,099 0.25 - 0.5 acre 4 3 21 11 18 50