Is Collierville, TN 38017 a buyer’s or seller’s market?
Collierville is a seller’s market. With about 3.8 months of supply and 8% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3.8Under 4 months = seller’s market
Sold above original list8.2%Share of sales, last 3 months
Median sale-to-list98.2%Sold price ÷ list price
Median days on market40Listing to accepted offer
Median price per sq ft$180▼ −4.4% vs. last year
Run the numbers for 38017
Nearby markets
Arlington 38002Seller’s market $164 /sq ftCordova 38016Seller’s market $133 /sq ftCordova 38018Seller’s market $147 /sq ftEllendale 38029 $109 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology