The December 2012 housing numbers are in and the news is good, especially for those in Collin County wishing to sell their homes. Consider the following comparisons of home sales for December 2012 over December 2011 in Collin County as reported by the Collin County Association of Realtors®.
2012 +/- 2011
New Listings 685 -1.3% 694
Closed Sales Reported 879 +8.9% 807
Listings under contract 677 +8.7% 623
Average Sales Price $247,913 +3.8% $238,867
Median Sales Price $211,000 +6.6% $198,000
% Original List Price Received 95.4% +1.9% 93.6%
Days on Market until Sale 66 -30.6% 94
Inventory of Homes for Sale 2,266 -32.7% 3,365
Months Supply of Inventory 2.1 -44.3% 3.8
If you are a seller, those numbers are all moving in the right direction. The lower number of listings, inventory and days on market mean there is less competition for your home. And even better news for sellers, the average and median sales prices and the Percent of Original List Price Received in Collin County moved up over last December.
The biggest implication for buyers is that it’s time to get aggressive. Fewer homes available to buy can mean greater competition and multiple offers resulting in higher prices for available homes. If you’re serious about buying now you need to have your funding in place and be prepared to move quickly. The good news for buyers is that interest rates are still great.
Whether you’re a buyer or a seller there are positive reasons to act now. Call me. I can help.
Sandy Setliff is a Realtor® with JP and Associates Realtors®. She specializes in residential real estate sales in Collin and Denton Counties. She can be reached at 214 620 1615/cell, 972 375 9448/office or via email at [email protected]
Author:Sandy Setliff Phone: 818-519-3670 Dated: January 25th 2013 Views: 2,856 About Sandy: Sandy Setliff, a longtime resident of North Texas, specializes in residential real estate sales in C...
View our latest blog posts in your RSS reader. Click here to access.
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.
Whether buying or selling a home, a home inspection will be one of the
"Texas has a top notch realtor with Tracye Robinson! Tracye and I co-operated in a transaction many years ago, from there we built a life long business relationship and friendship, she taught me the skill of being tenacious for my client from contract to close. Tracye is passionate about helping her clients in every way possible, she is a closer!"