Collin County Housing Statistics For 2013

Collin County Housing Statistics For 2013

The Collin County Association of Realtors compiled and posted their final numbers for 2013 and the numbers all continue to move in the right direction.  Closed sales were up over 2012 as were Average and Median Sales prices and the percentage of Original List Price received.  The number of days on market decreased which is a great indicator for sellers, for buyers it usually means more competition.  Here is what the actual numbers look like comparing housing sales in 2013 to housing sales in 2012:

                                                                                             2013                 +/-                             2012
 

New Listings                                                            18,154             +9.5%                       16,584
 

Closed Sales Reported                                      15,226            +20%                         12,692
 

Listings under contract                                    15,296           +18.8%                       12,871
 

Average Sales Price                                         $270,480           +9.4%                  $247,270
 

Median Sales Price                                          $230,000           +11.4%                 $206,416
 

% of Original List Price Received                   96.2%             +1.9%                    94.4%
 


Days on Market until Sale                                    43                  -29.9%                         61
 


As of December 2013 the Months supply of housing inventory for sale in Collin County was 1.6 months, compared to 2.5 months in December of 2012.  These are all great indicators for home owners considering selling their homes.  And while these numbers do indicate there will be more competition among buyers, there’s still good news for buyers: there are some great mortgage rates available.
 

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Sandy Setliff is a Realtor® with JP and Associates Realtors®.  She specializes in residential real estate sales in McKinney, Allen, Frisco, Anna, Melissa and Van Alstyne, Texas. She can be reached at 214 620 1615/cell, 972 375 9448/office or via email at [email protected].


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Dated: January 23rd 2014
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About Sandy: Sandy Setliff, a longtime resident of North Texas, specializes in residential real estate sales in C...

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