Collin County Market Statistics For February 2014

Collin County Market Statistics For February 2014

February was another strong month for home sales in Collin County. With less than 3 months supply of homes available for sale, prices continued to rise in most cities in Collin County. Listed below are some of the results from February as provided by NTREIS and the Texas A & M Real Estate Center.

Sales
Allen 87
Celina 18
Fairview/Lucas 20
Frisco 236
McKinney 161
Plano 234
Prosper 41

Average Price
Allen $292,310
Celina $307,724
Fairview/Lucas $416,154
Frisco $357,870
McKinney $266,497
Plano $287,246
Prosper $401,615

Days On Market
Allen 41
Celina 82
Fairview/Lucas 69
Frisco 47
McKinney 46
Plano 45
Prosper 54

Months Inventory
Allen 1.4
Celina 3.6
Fairview/Lucas 2.1
Frisco 1.4
McKinney 1.3
Plano 1.1
Prosper 3.4

All indications are that March will continue as a strong Seller's market and that home prices will continue to rise as available homes for sale are creating multiple offer situations and Buyer's being aggressive with their offers.

Steve Lester is a REALTOR with JP & Associates REALTORS and lives in Allen, Texas.
stevelesterhomes@gmail.com
http://stevelesterhomes.net/


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About Seana: Seana is a native Texan and has lived all over the Lone Star State. She & her family now call Frisco...

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