July 2023 Market Report | KW Plano

Page 1

North Texas Area

Collin County

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Dallas County

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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 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...

Two Questions To Ask Yourself if You’re Considering Buying a Home

If you’re thinking of buying a home, chances are you’re paying attention to just about everything you hear about the housing market. And you’re getting your information from a variety of channels: the news, social media, your real estate agent, conversations with friends and loved ones, overhearing someone chatting at the local supermarket, the list goes on and on. Most likely, home prices and mortgage rates are coming up a lot.

To help cut through the noise and give you the information you need most, take a look at what the data says. Here are the top two questions you need to ask yourself about home prices and mortgage rates as you make your decision:

Collin County

What's in the Collin County data?

The market for detached residential units saw 1,344 closed sales at a median price of $555K, and 43.2% of properties sold above their list price. There were 1,831 new listings, providing a 1.7month supply with an average of 12 days on the market without a price reduction.

The market for condo and townhome units saw 106 closed sales at a median price of $410K, and 45 3% of properties sold above their list price There were 163 new listings, providing a 1.8month supply with an average of 11 days on the market without a price reduction.

1,831 New Listings 1.7 Months of Supply $555K Median Sales Price 43.2% Sold Above List Price 1,344 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 June be directed to Keller Williams Plano. TREC# 0492040. Copyright Keller Williams Plano 2023. Each office is independently owned and operated. 12 Not Price Reduced Days on Market
M 4 Sold
Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 ollin County JUNE 2022 - JUNE 2023 TIVE LISTINGS CLOSED SALES s & Townhomes 2 months, year-over-year.
Some historical data not available ed Residential Homes 2 months, year-over-year e historical data not available
*Note:

Median Sales Price

Detached

The median sales price was at $555K as of June 2023

Condos & Townhomes

*Note: Some historical data not available

Not PR Days On the Market

Detached

Condos

& Townhomes

*Note: Some historical data not available

Back to Table of Contents

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

There was an average of 11 days on the market, without price reduction, as of June 2023. Residential Homes

& Townhomes

*Note: Some historical data not available

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 $600,000 $400,000 $200,000 $0 Jun2022 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 30 20 10 0 Jun2022 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 75% 50% 25% 0%

The median sales price was at $410K as of June 2023 Residential Homes
Condos
Detached
Sold Above List Price
The sold above list price was at 45 3% as of June 2023 Residential Homes
The sold above list price was at 43 2% as of June 2023

Dallas

What's in the data?

The market for detach

1,599 closed sales at and 43.2% of properti

There were 2,198 new month supply with an market without a price

The market for condo 332 closed sales at a 48 2% of properties so There were 474 new l month supply with an market without a price

390K an Sales Price ,599 ed Sales D al Homes Condo/Townhome Residences. Data ©2023 ChartMaster Services, LLC. All without the written permission of to Keller Williams Plano. TREC# office is independently owned and 0 Price Reduced on Market

CONDO

Condo & Townhomes

474 New Listings

332 Closed Sales

1.8 Months of Supply

$334K Median Sales Price

48.2% Sold Above List Price

10 Not Price Reduced Days on Market

Dallas County

JUNE 2022 - JUNE 2023

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

ACTIVE LISTINGS CLOSED SALES
Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 6000 4000 2000 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 1000 750 500 250 0

Median Sales Price

Detached

The median sales price was at $390K as of June 2023

Condos

The median sales price was at $334K as of June 2023

*Note: Some historical data not available

Sold Above List Price

Residential Homes

The sold above list price was at 43 2% as of June 2023

& Townhomes

The sold above list price was at 48 2% as of June 2023

Not PR Days On the Market

Detached

Condos

*Note: Some historical data not available

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 $400,000 $300,000 $200,000 $100,000 $0 Jun2022 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 20 15 10 5 0 Jun2022 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 75% 50% 25% 0%

Back to Table of Contents

& Townhomes
Residential Homes
& Townhomes
There was an average of 10 days on the market, without price reduction, as of June 2023. Residential Homes
There was an average of 10 days on the market, without price reduction, as of June 2023
Condos
Detached
*Note: Some historical data not available

Denton County

What's in the Denton County data?

The market for detached residential units saw 1,367 closed sales at a median price of $483K, and 43.6% of properties sold above their list price. There were 1,922 new listings, providing a 1.8month supply with an average of 10 days on the market without a price reduction.

The market for condo and townhome units saw 29 closed sales at a median price of $430K, and 44 8% of properties sold above their list price There were 57 new listings, providing a 3.9-month supply with an average of 16 days on the market without a price reduction.

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 June be directed to Keller Williams Plano. TREC# 0492040. Copyright Keller Williams Plano 2023. Each office is independently owned and operated. 1,922 New Listings 1.8 Months of Supply $483K Median Sales Price 43.6% Sold Above List Price 1,367 Closed Sales 10 Not Price Reduced Days on Market

Condo & Townhomes

57 New Listings

29 Closed Sales

3.9 Months of Supply

$430K Median Sales Price

44.8% Sold Above List Price

16 Not Price Reduced Days on Market

CONDO

Denton County

JUNE 2022 - JUNE 2023 ACTIVE

Detached

Last 12 months, year-over-year

Condos

Last 12 months, year-over-year.

LISTINGS
SALES
CLOSED
& Townhomes
*Note: Some historical data not available
Residential
Homes
historical data not
Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 5000 4000 3000 2000 1000 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 150 100 50 0
*Note: Some
available

Median Sales Price

Detached

The median sales price was at $483K as of June 2023

Condos & Townhomes

The median sales price was at $430K as of June 2023

*Note: Some historical data not available

Sold Above List Price

Residential Homes

The sold above list price was at 43 6% as of June 2023

& Townhomes

The sold above list price was at 44 8% as of June 2023

Not PR Days On the Market

Detached

Condos

*Note: Some historical data not available

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 $500,000 $400,000 $300,000 $200,000 $100,000 $0 Jun2022 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 40 30 20 10 0 Jun2022 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 75% 50% 25% 0%

Back to Table of Contents

Residential
Homes
&
Townhomes
There was an average of 16 days on the market, without price reduction, as of June 2023. Residential Homes
There was an average of 10 days on the market, without price reduction, as of June 2023
Condos
Detached
*Note: Some historical data not available

Fannin Count

What's in the Counties data

The market for detach closed sales at a med 24.4% of properties s

There were 109 new l month supply with an market without a pric

The market for condo closed sales at a med properties sold above new listing, providing average of 0 days on reduction

D al Homes Condo/Townhome Residences. Data ©2023 ChartMaster Services, LLC. All without the written permission of to Keller Williams Plano. TREC# office is independently owned and 109 New Listings 3.9 Months of Supply $236K Median Sales Price 24.4% Sold Above List Price 78 Closed Sales 11 Not Price Reduced Days on Market

CONDO

Condo & Townhomes

1 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

Fannin-Lamar Counties

JUNE

Detached

Condos

Last 12 months, year-over-year.

*Note:

LISTINGS CLOSED SALES
2022 - JUNE 2023 ACTIVE
Residential Homes
Some historical data not available
Last 12 months, year-over-year *Note:
Townhomes
&
Some historical data not available Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 400 300 200 100 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 6 4 2 0

Median Sales Price

The

Condos

*Note:

Not PR Days On the Market

There

Sold Above List Price

The

*Note:

*Note:

& Townhomes
Residential Homes
Detached
median sales price was at $236K as of June 2023
& Townhomes Detached Residential Homes
Condos
Back to Table of Contents
was an average of 11 days on the market, without price reduction, as of June 2023
& Townhomes
Residential Homes
Condos
Detached
sold above list price was at
4%
June
24
as of
2023
Some historical data not available
Some historical data not available
Some historical data not available No data for this month
for this month No data for this month Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 $300,000 $200,000 $100,000 $0 Jun2022 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 40 30 20 10 0 Jun2022 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 40% 30% 20% 10% 0%
No data

Grays Count

What's in the data?

The market for detach closed sales at a med 35.2% of properties so There were 326 new l month supply with an market without a price

The market for condo closed sales at a med of properties sold abo were 8 new listings, p with an average of 29 a price reduction

D al Homes Condo/Townhome Residences. Data ©2023 ChartMaster Services, LLC. All without the written permission of to Keller Williams Plano. TREC# office is independently owned and 326 New Listings 3.1 Months of Supply $355K Median Sales Price 35.2% Sold Above List Price 199 Closed Sales 17 Not Price Reduced Days on Market

Condo & Townhomes

8 New Listings

5 Closed Sales

4.6 Months of Supply

$285K Median Sales Price

20% Sold Above List Price

29 Not Price Reduced Days on Market

CONDO

Grayson County

JUNE 2022 - JUNE 2023 ACTIVE

Detached Residential Homes

Last 12 months, year-over-year

Condos & Townhomes

Last 12 months, year-over-year.

LISTINGS
SALES
CLOSED
*Note: Some historical data not available
historical data not available Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 1000 750 500 250 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 30 20 10 0
*Note: Some

Median Sales Price

Detached

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

Condos & Townhomes

The median sales price was at $285K as of June 2023

*Note: Some historical data not available

Sold Above List Price

Residential Homes

The sold above list price was at 35 2% as of June 2023

& Townhomes

The sold above list price was at 20% as of June 2023

Not PR Days On the Market

Detached

Condos

*Note: Some historical data not available

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 $400,000 $300,000 $200,000 $100,000 $0 Jun2022 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 75 50 25 0 Jun2022 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 50% 40% 30% 20% 10% 0%

Back to Table of Contents

Residential Homes
& Townhomes
There was an average of 29 days on the market, without price reduction, as of June 2023. Residential Homes
There was an average of 17 days on the market, without price reduction, as of June 2023
Condos
Detached
*Note: Some historical data not available

Kaufman County

What's in the Kaufman County data?

The market for detached residential units saw 323 closed sales at a median price of $342K, and 25.10% of properties sold above their list price. There were 417 new listings, providing a 2.8month supply with an average of 24 days on the market without a price reduction.

The market for condo and townhome units saw 2 closed sales at a median price of $290K, and 0% of properties sold above their list price. There were 2 new listings, providing a 4.5-month supply with 0 days on the market without a price reduction

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 June be directed to Keller Williams Plano. TREC# 0492040. Copyright Keller Williams Plano 2023. Each office is independently owned and operated. 417 New Listings 2.8 Months of Supply $342K Median Sales Price 25.10% Sold Above List Price 323 Closed Sales 24 Not Price Reduced Days on Market

CONDO

Condo & Townhomes

2 New Listings

2 Closed Sales

4.5 Months of Supply

$290K Median Sales Price

0% Sold Above List Price

0 Not Price Reduced Days on Market

Kaufman County

JUNE 2022 - JUNE 2023

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

ACTIVE LISTINGS CLOSED SALES
Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 1250 1000 750 500 250 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 20 15 10 5 0

Median Sales Price

Detached

The median sales price was at $342K as of June 2023

Condos

*Note: Some historical data not available

Not PR Days On the Market

Detached

Condos

& Townhomes

*Note: Some historical data not available

Back to Table of Contents

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

No data for this month. Residential Homes

& Townhomes

*Note: Some historical data not available

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 $400,000 $300,000 $200,000 $100,000 $0 Jun2022 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 500 400 300 200 100 0 Jun2022 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 60% 40% 20% 0%

& Townhomes
The median sales price was at $290K as of June 2023 Residential Homes
Condos
Detached
Sold Above List Price
No data for this month Residential Homes
The sold above list price was at 25 1% as of June 2023

Rockw Count

What's in the Counties data

The market for detach closed sales at a med 27.4% of properties so

There were 529 new l month supply with an market without a price

The market for condo closed sales at a med 33.3% of properties so There were 14 new lis supply with an averag without a price reduct

D al Homes Condo/Townhome Residences. Data ©2023 ChartMaster Services, LLC. All without the written permission of to Keller Williams Plano. TREC# office is independently owned and 529 New Listings 2.9 Months of Supply $369K Median Sales Price 27.4% Sold Above List Price 361 Closed Sales 21 Not Price Reduced Days on Market

CONDO

Condo & Townhomes

14 New Listings

9 Closed Sales

3.1 Months of Supply

$258K Median Sales Price

33.3% Sold Above List Price

7 Not Price Reduced Days on Market

t Counties LOSED SALES y y *Note: Some historical data not available 2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023

Median Sales Price

Detached

The median sales price was at $369K as of June 2023

Condos & Townhomes

The median sales price was at $258K as of June 2023

*Note: Some historical data not available

Sold Above List Price

Residential Homes

The sold above list price was at 27 4% as of June 2023

& Townhomes

The sold above list price was at 33 3% as of June 2023

Not PR Days On the Market

Detached

Condos

*Note: Some historical data not available

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 $500,000 $400,000 $300,000 $200,000 $100,000 $0 Jun2022 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 200 150 100 50 0 Jun2022 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 75% 50% 25% 0%

Back to Table of Contents

Residential Homes
& Townhomes
There was an average of 7 days on the market, without price reduction, as of June 2023. Residential Homes
There was an average of 21 days on the market, without price reduction, as of June 2023
Condos
Detached
*Note: Some historical data not available

Tarrant County

What's in the Tarrant County data?

The market for detached residential units saw 2,066 closed sales at a median price of $360K, and 45.5% of properties sold above their list price. There were 2.780 new listings, providing a 1.7month supply with an average of 10 days on the market without a price reduction.

The market for condo and townhome units saw 83 closed sales at a median price of $375K, and 41% of properties sold above their list price There were 121 new listings, providing a 2.5-month supply with an average of 11 days on the market without a price reduction.

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 June be directed to Keller Williams Plano. TREC# 0492040. Copyright Keller Williams Plano 2023. Each office is independently owned and operated. 2,780 New Listings 1.7 Months of Supply $360K Median Sales Price 45.5% Sold Above List Price 2,066 Closed Sales 10 Not Price Reduced Days on Market

CONDO

Condo & Townhomes

121 New Listings

83 Closed Sales

2.5 Months of Supply

$375K Median Sales Price

41% Sold Above List Price

11 Not Price Reduced Days on Market

2022 - JUNE 2023 E LISTINGS CLOSED SALES
onths, year-over-year.
Some historical data not available
Homes onths, year-over-year orical data not available Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023
rant County JUNE
Townhomes
*Note:
Residential

Median Sales Price

Detached Residential Homes

The median sales price was at $360K as of June 2023

Condos & Townhomes

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

*Note: Some historical data not available

Sold Above List Price

Detached Residential Homes

The sold above list price was at 45 5% as of June 2023

Condos & Townhomes

The sold above list price was at 41% as of June 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 June 2023

Condos & Townhomes

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

*Note: Some historical data not available

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 $400,000 $300,000 $200,000 $100,000 $0 Jun2022 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 25 20 15 10 5 0 Jun2022 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 75% 50% 25% 0%
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