August 2024 | Market Report - KW Plano

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North Texas area

Collin County

Jump to Collin County Report

Dallas County

Jump to Dallas County Report

Denton County

Jump to Denton County Report

Fannin-Lamar Counties

Jump to Fannin-Lamar Report

Grayson County

Jump to Grayson County Report

Kaufman County

Jump to Kaufman County Report

Rockwall-Hunt Counties

Jump to Rockwall-Hunt Counties Report

Tarrant County

Jump to Tarrant County Report

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?

I can help...

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

What Every Homeowner Should Know About Their Equity

Curious about selling your home? Understanding how much equity you have is the first step to unlocking what you can afford when you move. And since home prices rose so much over the past few years, most people have much more equity than they may realize.

Here’s a deeper look at what you need to know if you’re ready to cash in on your investment and put your equity toward your next home.

Home Equity: What Is It and How Much Do You Have?

Home equity is the difference between how much your house is worth and how much you still owe on your mortgage. For example, if your house is worth $400,000 and you only owe $200,000 on your mortgage, your equity would be $200,000.

Collin County

What's in the Collin County data?

The market for detached residential units saw 1,339 closed sales at a median price of $500k and 26.4% of properties sold above their list price. There was a total of 2,101 new listings, providing a 3.1-month supply with an average of 12 days on the market without price reduction.

The market for condo and townhome units saw 70 closed sales at a median price of $395k and 17 1% of properties sold above their list price There were 123 new listings, providing a 4.5month supply with an average of 13 days on the market without price reduction.

2,101 New Listings

1,339 Closed Sales

3.1 Months of Supply

$500K Median Sales Price

26.4% Sold Above List Price

12 Not Price Reduced Days on Market

NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2024 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 2024. Each office is independently owned and operated.

New Listings 4.5 Months of Supply 17.1% Sold Above List Price

*Note:

Median Sales Price

Detached Residential Homes

The median sales price was $500k as of July 2024

Condos & Townhomes

The median sales price was $395k as of July 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 12 days on the market, without price reduction, as of July 2024

Condos & Townhomes

There was an average of 13 days on the market, without price reduction, as of July 2024.

*Note: Some historical data not available

Sold Above List Price

Detached Residential Homes

26 4% of homes sold above their list price in July 2024

Condos & Townhomes

17 1% of homes sold above their list price in July 2024

*Note: Some historical data not available

Dallas County

What's in the Dallas County data?

The market for detached residential units saw 1,501 closed sales at a median price of $373k and 31.1% of properties sold above their list price. There was a total of 2,307 new listings, providing a 3.1-month supply with an average of 11 days on the market without price reduction.

The market for condo and townhome units saw 290 closed sales at a median price of $310k and 23 1% of properties sold above their list price There were 528 new listings, providing a 4.5month supply with an average of 16 days on the market without price reduction.

2,307 New Listings

1,501 Closed Sales

3.1 Months of Supply

$373K Median Sales Price

31.1% Sold Above List Price

11 Not Price Reduced Days on Market

NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2024 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 2024. Each office is independently owned and operated.

Dallas County

JULY 2023 - JULY 2024

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

Median Sales Price

Detached Residential Homes

The median sales price was $373k as of July 2024

Condos & Townhomes

The median sales price was $310k as of July 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 11 days on the market, without price reduction, as of July 2024

Condos & Townhomes

There was an average of 16 days on the market, without price reduction, as of July 2024.

*Note: Some historical data not available

31 1% of homes sold above their list price in July 2024

Condos & Townhomes

23 1% of homes sold above their list price in July 2024 Detached Residential Homes

*Note: Some historical data not available

Denton County

What's in the Denton County data?

The market for detached residential units saw 1,216 closed sales at a median price of $477k and 29.1% of properties sold above their list price. There was a total of 1,796 new listings, providing a 3-month supply with an average of 12 days on the market without price reduction.

The market for condo and townhome units saw 46 closed sales at a median price of $384k and 13% of properties sold above their list price There were 81 new listings, providing a 3.8-month supply with an average of 15 days on the market without price reduction.

Residential Homes

1,796 New Listings

1,216 Closed Sales

3 Months of Supply

$477K Median Sales Price

29.1% Sold Above List Price

12 Not Price Reduced Days on Market

NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2024 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 2024. Each office is independently owned and operated.

*Note: Some historical data not available

Median Sales Price

Detached Residential Homes

The median sales price was $477k as of July 2024

Condos & Townhomes

The median sales price was $384k as of July 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 12 days on the market, without price reduction, as of July 2024

Condos & Townhomes

There was an average of 15 days on the market, without price reduction, as of July 2024.

*Note: Some historical data not available

Detached Residential Homes

29 1% of homes sold above their list price in July 2024

Condos & Townhomes

13% of homes sold above their list price in July 2024

*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 $259k a 21.1% of properties sold above their list p There was a total of 138 new listings, pro 5 8-month supply with an average of 18 d the market without price reduction.

There was no data for condo and townho this month.

No data for this month.

*Note: Some historical data not available

The median sales price was $259k as of July 2024

No data for this month Detached Residential Homes

& Townhomes

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 18 days on the market, without price reduction, as of July 2024

Condos & Townhomes

No data for this month.

*Note: Some historical data not available

21 1% of homes sold

their list price in July

*Note: Some historical data not available

Grayson County

What's in the Grayson County data?

The market for detached residential units saw 209 closed sales at a median price of $340k and 21.5% of properties sold above their list price. There was a total of 331 new listings, providing a 5 1-month supply with an average of 22 days on the market without price reduction.

There was no data for condo and townhome units this month.

331 New Listings

209 Closed Sales

5.1 Months of Supply

$340K Median Sales Price

21.5% Sold Above List Price

22 Not Price Reduced Days on Market

NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2024 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 2024. Each office is independently owned and operated.

No data for this month.

*Note: Some historical data not available

Median Sales Price

Detached Residential Homes

The median sales price was $340k as of July 2024

Condos & Townhomes

No data for this month

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 22 days on the market, without price reduction, as of July 2024

Condos & Townhomes

No data for this month.

*Note: Some historical data not available

21 5% of homes sold above their list price in July 2024

No data for this month

*Note: Some historical data not available

Kaufman County

What's in the Kaufman County data?

The market for detached residential units saw 300 closed sales at a median price of $312k and 14% of properties sold above their list price. There was a total of 511 new listings, providing a 4.7-month supply with an average of 18 days on the market without price reduction.

There was no data for condo and townhome units this month.

al Homes

00 ed Sales

312K an Sales Price

8 Price Reduced on Market

Condo/Townhome Residences. Data ©2024 ChartMaster Services, LLC. All without the written permission of to Keller Williams Legacy. TREC# Each office is independently owned

CONDO

Condo & Townhomes

No data for this month.

Kaufman County

JULY 2023 - JULY 2024

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

Median Sales Price

Detached Residential Homes

The median sales price was $312k as of July 2024

Condos & Townhomes

No data for this month

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 18 days on the market, without price reduction, as of July 2024

Condos & Townhomes

No data for this month.

*Note: Some historical data not available

14% of homes sold above their list price in July 2024

*Note: Some historical data not available

What's Countie

The marke closed sale 15.2% of pr There was 5 3-month the market

There was this month

9 tings

ched Residential Homes for Detached Residential Homes and Condo/Townhome Residences. Data o be accurate but is not warranted. ©2024 ChartMaster Services, LLC. All reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions may be directed to Keller Williams Legacy. TREC# Copyright Keller Williams Legacy 2024. Each office is independently owned and operated.

323 Closed Sales

3 of Supply

$366K Median Sales Price .2% ove List Price

22 Not Price Reduced Days on Market

Condo

No data for this month.

Hunt Counties

Median Sales Price

Detached Residential Homes

The median sales price was $366k as of July 2024

Condos & Townhomes

No data for this month

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 22 days on the market, without price reduction, as of July 2024

Condos & Townhomes

No data for this month.

*Note: Some historical data not available

Sold Above List Price

*Note: Some historical data not available

Tarran

What's in the data?

The market for detach 1,960 closed sales at 32.3% of properties so There was a total of 2 a 2.7-month supply w the market without pr

The market for condo closed sales at a med 21 5% of properties so There were 158 new l month supply with an market without price r

al Homes

,960 ed Sales

364K an Sales Price

2 Price Reduced on Market

Condo/Townhome Residences. Data ©2024 ChartMaster Services, LLC. All without the written permission of to Keller Williams Legacy. TREC# Each office is independently owned

158

Tarrant County

JULY 2023 - JULY 2024

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

Median Sales Price

Detached Residential Homes

The median sales price was $364k as of July 2024

Condos & Townhomes

The median sales price was $310k as of July 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 12 days on the market, without price reduction, as of July 2024

Condos & Townhomes

There was an average of 13 days on the market, without price reduction, as of July 2024.

*Note: Some historical data not available

Detached Residential Homes

32 3% of homes sold above their list price in July 2024

Condos & Townhomes

21 5% of homes sold above their list price in July 2024

*Note: Some historical data not available

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