August 2023 Market Report | KW Plano

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August 2023 Copyright by KW Legacy 2023

North Texas area

Collin County

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Dallas County

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Denton County

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Fannin-Lamar Counties

Jump to Fannin-Lamar Report

Grayson County

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Kaufman County

Jump to Kaufman County Report

Rockwall-Hunt Counties

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Tarrant County

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What’s your home really worth in today’s market?

That's really the question you should be asking yourself.

Our market is incredibly diverse, and rapidly changing. Values vary not just by neighborhood, but by street. Your home isn't necessarily worth what your neighbors’ home is. At the end of the day, it’s the current market that sets the value of your home.

So, do you know what your home is worth in today's market?

Contact me for a confidential, no obligation assessment of your home's value.

I can help...

How Homeowners Win When They Downsize

Downsizing has long been a popular option when homeowners reach retirement age. But there are plenty of other life changes that could make downsizing worthwhile. Homeowners who have experienced a change in their lives or no longer feel like their house fits their needs may benefit from downsizing too. U.S. News explains:

“Downsizing is somewhat common among older people and retirees who no longer have children living at home. But these days, younger people are also looking to downsize to save money on housing . . .”

And when inflation has made most things significantly more expensive, saving money where you can have a lot of appeal. So, if you’re thinking about ways to budget differently, it could be worthwhile to take your home into consideration.

Collin County

What's in the Collin County data?

The market for detached residential units saw 1,237 closed sales at a median price of $528K, and 42.2% of properties sold above their list price. There were a total of 1,600 new listings, providing a 1.9-month supply with an average of 13 days on the market without a price reduction.

The market for condo and townhome units saw 69 closed sales at a median price of $400K, and 46 4% of properties sold above their list price There were 123 new listings, providing a 3-month supply with an average of 20 days on the market without a price reduction.

1,600 New Listings 1.9 Months of Supply $528K Median Sales Price 42.2% Sold Above List Price 1,237 Closed Sales DETACHED Detached Residential Homes NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2023 ChartMaster Services, LLC. All rights reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions may be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2023. Each office is independently owned and operated. 13 Not Price Reduced Days on Market

Condo

123 New Listings

3 Months of Supply

46.4% Sold Above List Price

*Note: Some historical data not available

2 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 2 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 unty CLOSED SALES y year.
es year

Median Sales Price

Detached

The median sales price was at $528K as of July 2023

Condos

The median sales price was at $400K as of July 2023

*Note: Some historical data not available

Sold Above List Price

Detached

The sold above list price was at 42 2% as of July 2023

Condos & Townhomes

The sold above list price was at 46 4% as of July 2023

*Note: Some historical data not available

Not PR Days On the Market

Detached

There was an average of 13 days on the market, without price reduction, as of July 2023

Condos

There was an average of 20 days on the market, without price reduction, as of July 2023.

*Note: Some historical data not available

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 $600,000 $400,000 $200,000 $0 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023 30 20 10 0 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023 60% 40% 20% 0%
& Townhomes
Residential
Homes
& Townhomes
Residential
Homes
Back to Table of Contents
Residential Homes

Dallas County

What's in the Dallas County data?

The market for detached residential units saw 1,484 closed sales at a median price of $375K, and 46.8% of properties sold above their list price. There were a total of 1,965 new listings, providing a 1.9-month supply with an average of 10 days on the market without a price reduction.

The market for condo and townhome units saw 284 closed sales at a median price of $323K, and 39 4% of properties sold above their list price There were 417 new listings, providing a 2.3month supply with an average of 12 days on the market without a price reduction.

New Listings 1.9 Months of Supply $375k Median Sales Price 46.8% Sold Above List Price 1,484 Closed Sales DETACHED Detached Residential Homes NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2023 ChartMaster Services, LLC. All rights reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions may be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2023. Each office is independently owned and operated. 10 Not Price Reduced Days on Market
1,965

CONDO

Condo & Townhomes

417 New Listings

284 Closed Sales

2.3 Months of Supply

$323K Median Sales Price

39.4% Sold Above List Price

12 Not Price Reduced Days on Market

Detached

Last 12 months, year-over-year

*Note:

Condos

Last 12 months, year-over-year.

*Note: Some historical data not available

Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 6000 4000 2000 0 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 1000 750 500 250 0
2022 - JULY 2023 ACTIVE LISTINGS CLOSED SALES
Dallas County JULY
Residential Homes
Some historical data not available
& Townhomes

Median Sales Price

Detached Residential Homes

The median sales price was at $375K as of July 2023

Condos

The median sales price was at $323K as of July 2023

*Note: Some historical data not available

Sold Above List Price

Detached Residential Homes

The sold above list price was at 46 8% as of July 2023

Condos & Townhomes

The sold above list price was at 39 4% as of July 2023

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 10 days on the market, without price reduction, as of July 2023

Condos & Townhomes

There was an average of 12 days on the market, without price reduction, as of July 2023.

*Note: Some historical data not available

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 $400,000 $300,000 $200,000 $100,000 $0 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023 20 15 10 5 0 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023 60% 40% 20% 0%
& Townhomes
Back to Table of Contents

Denton County

What's in the Denton County data?

The market for detached residential units saw 1,185 closed sales at a median price of $476K, and 38% of properties sold above their list price. There were a total of 1,577 new listings, providing a 2.2-month supply with an average of 12 days on the market without a price reduction.

The market for condo and townhome units saw 29 closed sales at a median price of $416K, and 17 20% of properties sold above their list price There were 55 new listings, providing a 3.9-month supply with an average of 18 days on the market without a price reduction.

1,577 New Listings 2.2 Months of Supply $476K Median Sales Price 38% Sold Above List Price 1,185 Closed Sales DETACHED Detached Residential Homes NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2023 ChartMaster Services, LLC. All rights reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions may be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2023. Each office is independently owned and operated. 12 Not Price Reduced Days on Market

5 New List

3. Months of Su

17.2% Sold Above List P C

*Note: Some historical data not available

2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 unty LOSED SALES
y
y

Median Sales Price

Detached

The median sales price was at $476K as of July 2023

Condos

The sold above list price was at 38% as of July 2023

Condos

& Townhomes

The sold above list price was at 17 2% as of July 2023

*Note: Some historical data not available

Back to Table of Contents

Not PR Days On the Market

There was an average of 18 days on the market, without price reduction, as of July 2023. Residential Homes

There was an average of 12 days on the market, without price reduction, as of July 2023

& Townhomes

*Note: Some historical data not available

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 $500,000 $400,000 $300,000 $200,000 $100,000 $0 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023 40 30 20 10 0 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023 60% 40% 20% 0%
& Townhomes
The median sales price was at $416K as of July 2023 Residential Homes
Condos
Detached
Sold Above List Price
Detached Residential Homes
*Note: Some historical data not available

Fannin-Lam Counties

What's in the Fannin-Lama Counties data?

The market for detached residential units closed sales at a median price of $237K, 15.1% of properties sold above their list p There were a total of 111 new listings, pro 4 2-month supply with an average of 24 d the market without a price reduction.

There is no data available for the condo a townhome market.

No data for this month.

C
2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Counties LOSED SALES y y *Note: Some historical data not available month.

Median Sales Price

The

Not PR Days On the Market

There was an average of 24 days on the market, without price reduction, as of July 2023

Sold Above List Price

Condos

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 $300,000 $200,000 $100,000 $0 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023 40 30 20 10 0 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023 40% 30% 20% 10% 0%
& Townhomes
Residential Homes
Condos
Detached
median sales price was at $237K as of July 2023
Condos & Townhomes
Homes
Detached Residential
Back to Table of Contents
& Townhomes
Residential Homes
Detached
above
Some historical data not available
The sold
list price was at 15 1% as of July 2023 *Note:
Some historical data not available No data for this month
data for this month
*Note: Some historical data not available *Note:
No data for this month No

Grayson County

What's in the Grayson County data?

The market for detached residential units saw 210 closed sales at a median price of $328K, and 26.7% of properties sold above their list price. There were a total of 327 new listings, providing a 3 1-month supply with an average of 15 days on the market without a price reduction.

The market for condo and townhome units saw 6 closed sales at a median price of $269K, and 16.7% of properties sold above their list price. There were 5 new listings, providing a 4-month supply with an average of 29 days on the market without price reduction

327 New Listings 3.1 Months of Supply $328K Median Sales Price 26.7% Sold Above List Price 210 Closed Sales DETACHED Detached Residential Homes NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2023 ChartMaster Services, LLC. All rights reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions may be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2023. Each office is independently owned and operated. 15 Not Price Reduced Days on Market

16.7%

List
of Su
New
Months
Sold Above List P C

*Note: Some historical data not available

2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 ounty LOSED SALES
y
y

Median Sales Price

Detached Residential Homes

The median sales price was at $328K as of July 2023

Condos

The median sales price was at $269K as of July 2023

*Note: Some historical data not available

Sold Above List Price

Detached Residential Homes

The sold above list price was at 26 7% as of July 2023

Condos & Townhomes

The sold above list price was at 16 7% as of July 2023

*Note: Some historical data not available

Not PR Days On the Market

There was an average of 15 days on the market, without price reduction, as of July 2023

Condos

There was an average of 29 days on the market, without price reduction, as of July 2023.

*Note: Some historical data not available

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 $400,000 $300,000 $200,000 $100,000 $0 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023 75 50 25 0 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023 40% 30% 20% 10% 0%
& Townhomes
& Townhomes
Detached Residential Homes
Back to Table of Contents

Kaufman County

What's in the Kaufman County data?

The market for detached residential units saw 241 closed sales at a median price of $338K, and 27% of properties sold above their list price. There were a total of 428 new listings, providing a 3.9month supply with an average of 19 days on the market without a price reduction.

There were 5 new listings for condo and townhome units.

338K an Sales Price 41 ed Sales D al Homes Condo/Townhome Residences. Data ©2023 ChartMaster Services, LLC. All without the written permission of to Keller Williams Legacy. TREC# Each office is independently owned 9 Price Reduced on Market

CONDO

Condo & Townhomes

5 New Listings

0 Closed Sales

0 Months of Supply

$0 Median Sales Price

0% Sold Above List Price

0 Not Price Reduced Days on Market

Detached

*Note:

Condos

Last 12 months, year-over-year.

*Note: Some historical data not available

Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 1250 1000 750 500 250 0 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 20 15 10 5 0 Kaufman County
2022 - JULY 2023 ACTIVE LISTINGS CLOSED SALES
JULY
Residential Homes
year-over-year
Last 12 months,
Some historical data not available
& Townhomes

Median Sales Price

Not PR Days On the Market

There was an average of 19 days on the market, without price reduction, as of July 2023

No data for the month.

Sold Above List Price

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 $400,000 $300,000 $200,000 $100,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 500 400 300 200 100 0 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023 50% 40% 30% 20% 10% 0%
& Townhomes
data for the month Detached Residential Homes
median sales price was at $338K as of July 2023
Condos
No
The
& Townhomes
Condos
Detached Residential Homes
Back to Table of Contents
& Townhomes
the month
Residential Homes
sold above list price was
27% as of July 2023
historical data not available
Condos
No data for
Detached
The
at
*Note: Some
Nodataforthemonth. Nodataforthemonth.
*Note: Some historical data not available *Note: Some historical data not available

Ro Co

What's Countie

The marke closed sale

28.4% of pr

There were 3 3-month the market

The marke closed sale properties new listing average of reduction

3 tings 3 of Supply $388K Median Sales Price .4% ove List Price 342 Closed Sales ETACHED ched Residential Homes for Detached Residential Homes and Condo/Townhome Residences. Data to be accurate but is not warranted. ©2023 ChartMaster Services, LLC. All ed. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions may be directed to Keller Williams Legacy. TREC# pyright Keller Williams Legacy 2023. Each office is independently owned and operated. 17 Not Price Reduced Days on Market

4 New Listings

1.6 Months of Supply

0% Sold Above List Price

Condo
2 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 2 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023
CLOSED SALES es year y year.
Hunt Counties
*Note: Some historical data not available

Median Sales Price

The

Condos

The

*Note: Some historical data not available

Sold Above List Price

Detached

The sold above list price was at 28 4% as of July 2023

Condos

*Note: Some historical data not available

Not PR Days On the Market

There was an average of 17 days on the market, without price reduction, as of July 2023

There was an average of 20 days on the market, without price reduction, as of July 2023.

*Note: Some historical data not available

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 $500,000 $400,000 $300,000 $200,000 $100,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 200 150 100 50 0 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023 60% 40% 20% 0%
& Townhomes
of
Residential Homes
median sales price was at $237K as
July 2023 Detached
median sales price was at $388K as of July 2023
& Townhomes
Condos
Residential Homes
Detached
Back to Table of Contents
& Townhomes
The sold above list price was at 0% as of July 2023 Residential Homes

Tarran

What's in the data?

The market for detach

1,842 closed sales at and 39.8% of properti

There were a total of 2 a 1.9-month supply w the market without a p

The market for condo closed sales at a med 49 4% of properties so There were 125 new l month supply with an market without a price

355K an Sales Price ,842 ed Sales D al Homes Condo/Townhome Residences. Data ©2023 ChartMaster Services, LLC. All without the written permission of to Keller Williams Legacy. TREC# Each office is independently owned 1 Price Reduced on Market

CONDO

Condo & Townhomes

125 New Listings

85 Closed Sales

2.8 Months of Supply

$281K Median Sales Price

49.4% Sold Above List Price

15 Not Price Reduced Days on Market

Detached Residential Homes

Last 12 months, year-over-year

*Note: Some historical data not available

Condos & Townhomes

Last 12 months, year-over-year.

*Note: Some historical data not available

Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 7500 5000 2500 0 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 400 300 200 100 0
2022 - JULY 2023 ACTIVE LISTINGS CLOSED SALES
Tarrant County JULY

Median Sales Price

Detached Residential Homes

The median sales price was at $355K as of July 2023

Condos

The median sales price was at $281K as of July 2023

*Note: Some historical data not available

Sold Above List Price

Detached Residential Homes

The sold above list price was at 39 8% as of July 2023

Condos & Townhomes

The sold above list price was at 49 4% as of July 2023

*Note: Some historical data not available

Not PR Days On the Market

Detached

There was an average of 11 days on the market, without price reduction, as of July 2023

Condos

There was an average of 15 days on the market, without price reduction, as of July 2023.

*Note: Some historical data not available

Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 $400,000 $300,000 $200,000 $100,000 $0 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023 25 20 15 10 5 0 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023 60% 40% 20% 0%
& Townhomes
& Townhomes
Residential Homes
Back to Table of Contents
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