Bryan Realty

Collierville, TN

Single-Family Homes

Market Report / michael@bryanrealty.com



Collierville, TN

Fri Feb 26 2021
This week the median list price for Collierville, TN is $600,000 with the market action index hovering around 49. This is an increase over last month's market action index of 48. Inventory has held steady at or around 52. 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.

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Collierville, TN

Fri Feb 26 2021
This week the median list price for Collierville, TN is $600,000 with the market action index hovering around 49. This is an increase over last month's market action index of 48. Inventory has held steady at or around 52. 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.

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Collierville market.
Median List Price $600,000
Per Square Foot $170
Days on Market 74
Price Decreased 12%
Price Increased 21%
Relisted 2%
Inventory 52
Median Rent $1,900
Most Expensive $1,599,000
Least Expensive $219,900
Market Action 49
Strong Seller's Market

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
$789,500 5,249 0.25 - 0.5 acre 5 4 2 1 2 224
$689,000 4,249 0.25 - 0.5 acre 4 4 1 1 2 70
$582,900 3,499 8,000 - 10,000 sqft 4 3 1 4 4 56
$439,900 2,699 0.25 - 0.5 acre 3 2 2 4 6 56