Bryan Realty

Collierville, TN 38017

Single-Family Homes

Market Report / michael@bryanrealty.com



Collierville, TN 38017

Tue Mar 28 2023
This week the median list price for Collierville, TN 38017 is $685,900 with the market action index hovering around 38. This is an increase over last month's market action index of 36. Inventory has increased to 112. 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 38017

Tue Mar 28 2023
This week the median list price for Collierville, TN 38017 is $685,900 with the market action index hovering around 38. This is an increase over last month's market action index of 36. Inventory has increased to 112. 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 $685,900
Median Price of New Listings $639,900
Per Square Foot $191
Average Days on Market 101
Median Days on Market 56
Price Decreased 38%
Price Increased 3%
Relisted 9%
Inventory 112
Median Rent
Market Action 38
Slight Seller's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift 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
$931,000 4,749 0.25 - 0.5 acre 5 4.5 2 2 0 56
$777,475 4,074 0.25 - 0.5 acre 4 4.5 1 3 3 35
$623,250 3,299 0.25 - 0.5 acre 4 3.5 1 3 1 108
$506,950 2,499 0.25 - 0.5 acre 4 2.5 29 5 6 38