Bryan Realty

Collierville, TN

Single-Family Homes

Market Report / michael@bryanrealty.com



Collierville, TN

Sun Jul 05 2020
This week the median list price for Collierville, TN is $542,000 with the market action index hovering around 40. This is an increase over last month's market action index of 38. Inventory has held steady at or around 171. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Collierville, TN

Sun Jul 05 2020
This week the median list price for Collierville, TN is $542,000 with the market action index hovering around 40. This is an increase over last month's market action index of 38. Inventory has held steady at or around 171. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Collierville market.
Median List Price $542,000
Per Square Foot $146
Days on Market 110
Price Decreased 30%
Price Increased 5%
Relisted 8%
Inventory 171
Median Rent $1,850
Most Expensive $1,850,000
Least Expensive $237,000
Market Action 40
Slight Seller's Advantage

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$749,950 4,749 0.5 - 1 acre 4 4 7 4 0 161
$599,000 4,249 0.25 - 0.5 acre 4 4 6 5 2 120
$504,999 3,499 0.25 - 0.5 acre 5 3 3 7 2 112
$399,900 2,899 0.25 - 0.5 acre 4 3 24 19 11 48