The housing market continues to be strong in Collin County as reflected by the most recent stats released by the Collin County Association of Realtors (CCAR) for February 2016 as compared to February 2015:
New Listings were up 21% to 1,479 in February 2016 compared to 1,222 in February 2015
Closed Sales Reported for February 2016 were 950, up 5.7% from February’s 899 number.
Average Sales Price rose 4.9% to $320,584 in February 2016 compared to $305,654 in February 2015
Median Sales Price rose 7% to $283,500 in February 2016 compared to $265,000 in February 2015
Percent of Original List Price Received remained consistent at 98% for both years
Days on Market Until Sale dropped 1 day from 43 days in February 2015 to 42 days in February 2016
These numbers all signal good news for both sellers and buyers. Escalating prices point to an increase in worth of the largest major investment made by most people: their home. A significant contributing factor could arguably be the number of companies moving into the area which is creating more competition for the homes available for sale. For more information about 9 companies moving into the area check out this article recently published by The Dallas Morning News.
If you’ve been considering selling, here are a couple of resources for you:
For a complimentary competitive market analysis of your home you can call me or visit this link
This blog series will give you an abundance of information about preparing your home for sale
Questions? Contact me at 214 620 1615 or 818 519 3670 or [email protected]…I’m here to help!
Sandy Setliff is a Realtor® with JP and Associates Realtors®. She specializes in residential real estate sales in Collin County (although she has been known to stray to other parts of the metroplex). She can be reached at 818 519 3670, 214 620 1615 or via email at [email protected]
JP And Associates REALTORS (JPAR) is one of the top 100 independently owned brokerages in the US. A full service real estate brokerage firm specializing in real estate sales and marketing services with multiple offices across the US and expanding quickly. JPAR is also one of Real Trends top 500 Brokerages in the US for volume and sales and in the top 1% in the US for sales.
Our mission is to provide extraordinary services and exceed our clients’ expectations by always committing to the highest levels of professionalism, ethics and standards in the real estate industry.
JP and Associates REALTORS is a real estate company with a solid structure and foundation built around service and productivity. We believe in providing a fun and rewarding environment for all our REALTORS® and therefore always ready to support our REALTORs® Associates in any market and in any condition. All our REALTORs® will always strive to close more transactions in a given year than the average REALTOR®. Our goal is to recruit and retain the most professional, better trained REALTORs Associates in the local market.
If you are interested in a new career in real estate or already have a real estate license but wish to learn more about our company please contact us directly to set up an interview. We offer our agents a 100% commission plan, company leads, training and mentoring and coaching from TOP Producers with no office, desk fees or monthly marketing fees ever. We are a full service brokerage at a transaction fee cost.
At JP And Associates REALTORS we strive to exceed our Clients AND our Associates expectations.
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"I am writing this as a personal reference for Nikole Davis. I have known her for almost 15 years now as a close friend. We met in high school and have remained in close touch ever since. Nikole has a glow about her that draws people towards her and always seems to have a smile on her face. Nikole is always polite, intelligent and always wiling to help everyone. I have no doubt that Nikole will go the extra mile to overcome any issues that should arise and follow through to ensure a positive transaction."