October 2023 | Market Report - KW Legacy

Page 1

October 2023 Copyright by KW Legacy 2023

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?

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

I can help...

Understanding the Benefits of Owning Your First Home

Are you considering buying your first home? If so, it can be helpful to know what led other people to make that decision. According to a recent survey of first-time homebuyers by PulteGroup:

“When asked why they purchased their first home recently, the answer was simple: because they wanted to. Either the desire to stop renting or recognition that homeownership is a smart financial investment was the main motivator for 72% of respondents.”

While that survey looked specifically at first-time homebuyers buying newly built homes, the same sentiment is true for just about anyone buying their first home. Here’s a bit more information to help you think about those two benefits of homeownership to see if they’re a key factor for you too.

Collin

What's in t data?

The market for d 1,039 closed sale and 28.7% of pro

There was a tota 2.5-month suppl the market witho

The market for c closed sales at a 22 9% of propert

There were 111 n month supply wi market without p

$516K Median Sales Price 1,039 Closed Sales ED ntial Homes and Condo/Townhome Residences. Data warranted. ©2023 ChartMaster Services, LLC. All reproduced without the written permission of directed to Keller Williams Legacy. TREC# 2023. Each office is independently owned 14 Not Price Reduced Days on Market

Co

111 New Listing

2.4 Months of Supp

22.9% Sold Above List Pric

Detached

Last 12 months, year-over-year

Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 3000 2000 1000 0 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 250 200 150 100 50 0

Condos

Last 12 months, year-over-year.

y ACTIVE LISTINGS CLOSED SALES
& Townhomes
*Note: Some historical data not available Residential Homes
*Note: Some historical data not available

Median Sales Price

Detached

The median sales price was at $516k as of September 2023

Condos & Townhomes

The median sales price was at $383k as of September 2023

*Note: Some historical data not available

Not PR Days On the Market

Single-Family

There was an average of 14 days on the market, without price reduction, as of September 2023

Condos

There was an average of 16 days on the market, without price reduction, as of September 2023

*Note: Some historical data not available

Sold Above List Price

Detached

The sold above list price was at 28 7% as of September 2023

Condos

The sold above list price was at 22 9% as of September 2023

*Note: Some historical data not available

Residential Homes
Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 30 20 10 0 Back to Table of Contents
Residential Homes
& Townhomes
Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 $600,000 $400,000 $200,000 $0 Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 50% 40% 30% 20% 10% 0%
& Townhomes
Homes

Dallas

What's in the data?

The market for detach

1,299 closed sales at and 36.1% of properti

There was a total of 1 2.6-month supply with the market without pr

The market for condo

246 closed sales at a 37% of properties sold were 441 new listings supply with an averag without price reductio

370K an Sales Price ,299 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 0 Price Reduced on Market

CONDO

Condo & Townhomes

441 New Listings

246 Closed Sales

3.1 Months of Supply

$291K Median Sales Price

37% Sold Above List Price

11 Not Price Reduced Days on Market

Dallas County

SEPTEMBER 2022 - SEPTEMBER 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

Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 4000 3000 2000 1000 0 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 800 600 400 200 0 ACTIVE LISTINGS CLOSED SALES

Median Sales Price

Detached

The median sales price was at $370k as of September 2023

Condos

The median sales price was at $291k as of September 2023

*Note: Some historical data not available

Not PR Days On the Market

Single-Family

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

Condos

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

*Note: Some historical data not available

Sold Above List Price

Detached

The sold above list price was at 36 1% as of September 2023

Condos

The sold above list price was at 37% as of September 2023

*Note: Some historical data not available

Table of Contents
Back to
Residential Homes
Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 20 15 10 5 0
Homes
Residential
& Townhomes
& Townhomes
Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 $400,000 $300,000 $200,000 $100,000 $0 Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 50% 40% 30% 20% 10% 0%
& Townhomes
Homes

Denton County

What's in the Denton County data?

The market for detached residential units saw 1,090 closed sales at a median price of $460k, and 25.3% of properties sold above their list price. There was a total of 1,314 new listings, providing a 2.4-month supply with an average of 15 days on the market without price reduction.

The market for condo and townhome units saw 104 closed sales at a median price of $447k, and 43 1% of properties sold above their list price There were 41 new listings, providing a 1.8-month supply with an average of 15 days on the market without 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 may be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2023. Each office is independently owned and operated. 1,314 New Listings 2.4 Months of Supply $460K Median Sales Price 25.3% Sold Above List Price 1,090 Closed Sales 15 Not Price Reduced Days on Market

CONDO

Condo & Townhomes

41 New Listings

104 Closed Sales

1.8 Months of Supply

$447K Median Sales Price

43.1% Sold Above List Price

15 Not Price Reduced Days on Market

Denton County

SEPTEMBER 2022 - SEPTEMBER 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

Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 3000 2000 1000 0 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 125 100 75 50 25 0 ACTIVE LISTINGS CLOSED SALES

Median Sales Price

Detached

The median sales price was at $460k as of September 2023

Condos & Townhomes

The median sales price was at $447k as of September 2023

*Note: Some historical data not available

Not PR Days On the Market

Single-Family

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

Condos

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

*Note: Some historical data not available

Sold Above List Price

Detached

The sold above list price was at 25 3% as of September 2023

Condos

The sold above list price was at 43 1% as of September 2023

*Note: Some historical data not available

Table of Contents
Back to
Residential Homes
Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 40 30 20 10 0
Residential Homes
& Townhomes
Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 $500,000 $400,000 $300,000 $200,000 $100,000 $0 Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 50% 40% 30% 20% 10% 0%
& Townhomes
Homes

Fannin Count

What's in the Counties data

The market for detach closed sales at a med 12.5% of properties s

There was a total of 1 7 1-month supply with the market without pr

The market for condo closed sale at a medi 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 Legacy. TREC# Each office is independently owned 121 New Listings 7.1 Months of Supply $231K Median Sales Price 12.5% Sold Above List Price 48 Closed Sales 24 Not Price Reduced Days on Market

CONDO

Condo & Townhomes

1 New Listing

1 Closed Sale

2 Months of Supply

$192K Median Sales Price

0% Sold Above List Price

0 Not Price Reduced Days on Market

Fannin-Lamar Counties

SEPTEMBER 2022 - SEPTEMBER 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

Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 400 300 200 100 0 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 6 4 2 0 ACTIVE LISTINGS CLOSED SALES

Median Sales Price

Detached

The

Condos

The median sales price was at $192k as of September 2023

*Note: Some historical data not available

Not PR Days On the Market

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

*Note: Some historical data not available

Sold Above List Price

Detached

Condos

No Data Available.

*Note: Some historical data not available

Back to Table of Contents
Residential Homes
Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 40 30 20 10 0
median sales price was at $231k as of September 2023
Residential Homes
The sold above list price was at 12 5% as of September 2023
&
Townhomes
& Townhomes
Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 $300,000 $200,000 $100,000 $0 Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 30% 20% 10% 0%
Homes
Condos & Townhomes No Data Available Single-Family

Grayson County

What's in the Grayson County data?

The market for detached residential units saw 159 closed sales at a median price of $325k, and 22% of properties sold above their list price. There was a total of 249 new listings, providing a 4.5-month supply with an average of 21 days on the market without price reduction.

The market for condo and townhome units saw 4 closed sales at a median price of $275k, and 0% of properties sold above their list price. There were 2 new listings, providing a 5.5-month supply with an average of 87 days on the market without 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 may be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2023. Each office is independently owned and operated. 249 New Listings 4.5 Months of Supply $325K Median Sales Price 22% Sold Above List Price 159 Closed Sales 21 Not Price Reduced Days on Market

CONDO

Condo & Townhomes

2 New Listings

4 Closed Sales

5.5 Months of Supply

$275K Median Sales Price

0% Sold Above List Price

87 Not Price Reduced Days on Market

Detached

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

Residential Homes
Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 750 500 250 0 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 30 20 10 0 ACTIVE LISTINGS CLOSED SALES

Median Sales Price

Detached

The median sales price was at $325k as of September 2023

Condos

The median sales price was at $275k as of September 2023

*Note: Some historical data not available

Not PR Days On the Market

Single-Family

There was an average of 21 days on the market, without price reduction, as of September 2023

Condos

There was an average of 87 days on the market, without price reduction, as of September 2023

*Note: Some historical data not available

Sold Above List Price

Detached

The sold above list price was at 22% as of September 2023

Condos

*Note: Some historical data not available

Back to Table of Contents
Residential Homes
Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 100 75 50 25 0
Residential Homes
& Townhomes
Townhomes
&
No Data Available.
Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 $400,000 $300,000 $200,000 $100,000 $0 Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 40% 30% 20% 10% 0%
& Townhomes
Homes

Kaufman County

What's in the Kaufman County data?

The market for detached residential units saw 234 closed sales at a median price of $331k, and 24.8% of properties sold above their list price. There was a total of 379 new listings, providing a 4 8-month supply with an average of 16 days on the market without price reduction.

The market for condo and townhome units saw 4 closed sales at a median price of $276k, and 0% of properties sold above their list price. There were 0 new listings, providing a 0-month supply with an average of 48 days on the market without 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 may be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2023. Each office is independently owned and operated. 379 New Listings 4.8 Months of Supply $331K Median Sales Price 24.8% Sold Above List Price 234 Closed Sales 16 Not Price Reduced Days on Market

CONDO

Condo & Townhomes

0 New Listings

4 Closed Sales

2.5 Months of Supply

$276K Median Sales Price

0% Sold Above List Price

48 Not Price Reduced Days on Market

Kaufman County

SEPTEMBER 2022 - SEPTEMBER 2023

Detached

Last 12 months, year-over-year

Condos & Townhomes

Last 12 months, year-over-year.

*Note: Some historical data not available
Residential
Homes
historical data not available Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 1250 1000 750 500 250 0 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 15 10 5 0 ACTIVE LISTINGS CLOSED SALES
*Note: Some

Median Sales Price

The

Condos

The

*Note: Some historical data not available

Not PR Days On the Market

Single-Family

There was an average 16 days on the market, without price reduction, as of September 2023

There was an average of 48 days on the market, without price reduction, as of September 2023

*Note: Some historical data not available

Sold Above List Price

Condos

*Note: Some historical data not available

Back to Table of Contents
Residential Homes
Detached
median sales price was at $331k as of September 2023 Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 500 400 300 200 100 0
Residential Homes
sold above list price was at 24 8% as of September 2023
Detached
The
& Townhomes
median sales price was at $276k as of September 2023
& Townhomes
No Data Available.
Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 $400,000 $300,000 $200,000 $100,000 $0 Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 30% 20% 10% 0%
& Townhomes
Condos
Homes

Rockw Count

What's in the Counties data

The market for detach closed sales at a med 16.8% of properties so There was a total of 4 16 8-month supply wi the market without pr

The market for condo closed sales at a med of properties sold abo were 11 new listings, with an average of 18 price reduction

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 472 New Listings 3.7 Months of Supply $355K Median Sales Price 16.8% Sold Above List Price 327 Closed Sales 23 Not Price Reduced Days on Market

Condo & Townhomes

11 New Listings

2 Closed Sales

13 Months of Supply

$322K Median Sales Price

50% Sold Above List Price

18 Not Price Reduced Days on Market

CONDO

SEPTEMBER

Last

t Counties
2022 - SEPTEMBER 2023
& Townhomes
Condos
12 months, year-over-year.
Some historical data not available
Residential Homes
12 months, year-over-year
Some historical data not available Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 1250 1000 750 500 250 0 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 30 20 10 0 ACTIVE LISTINGS CLOSED SALES
*Note:
Detached
Last
*Note:

Median Sales Price

Detached

The

Condos

The median sales price was at $322k as of September

*Note: Some historical data not available

Not PR Days On the Market

Single-Family

There was an average of 23 days on the market, without price reduction, as of September 2023

Condos

There was an average of 18 days on the market, without price reduction, as of September 2023

*Note: Some historical data not available

Sold Above List Price

Condos

The sold above list price was at 50% as of September

*Note: Some historical data not available

to Table of Contents
Back
Residential Homes
Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 200 150 100 50 0
median sales price was at $355k as of September 2023
Residential Homes
Detached
8% as of
2023
The sold above list price was at 16
September
& Townhomes
2023
& Townhomes
2023
Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 $400,000 $300,000 $200,000 $100,000 $0 Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 60% 40% 20% 0%
& Townhomes
Homes

Tarrant County

What's in the Tarrant County data?

The market for detached residential units saw 1,591 closed sales at a median price of $349k, and 34.1% of properties sold above their list price. There was a total of 2,257 new listings, providing a 2.5-month supply with an average of 12 days on the market without price reduction.

The market for condo and townhome units saw 81 closed sales at a median price of $299k, and 34 6% of properties sold above their list price There were 142 new listings, providing a 3.6month supply with an average of 14 days on the market without 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 may be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2023. Each office is independently owned and operated. 2,257 New Listings 2.5 Months of Supply $349K Median Sales Price 34.1% Sold Above List Price 1,591 Closed Sales 12 Not Price Reduced Days on Market

CONDO

Condo & Townhomes

142 New Listings

81 Closed Sales

3.6 Months of Supply

$299K Median Sales Price

34.6% Sold Above List Price

14 Not Price Reduced Days on Market

rant County

SEPTEMBER 2022 - SEPTEMBER 2023

Residential Homes onths, year-over-year

Townhomes onths, year-over-year.

*Note: Some historical data not available

data
Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 ACTIVE LISTINGS CLOSED SALES
orical
not available

Median Sales Price

Detached

The median sales price was at $349k as of September 2023

Condos

The median sales price was at $299k as of September 2023

*Note: Some historical data not available

Not PR Days On the Market

Single-Family

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

Condos

There was an average of 14 days on the market, without price reduction, as of September 2023

*Note: Some historical data not available

Sold Above List Price

Detached

The sold above list price was at 34 1% as of September 2023

Condos

The sold above list price was at 34 6% as of September

*Note: Some historical data not available

Table of Contents
Back to
Residential Homes
Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 25 20 15 10 5 0
Residential Homes
Townhomes
&
Townhomes
&
2023
Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 $400,000 $300,000 $200,000 $100,000 $0 Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 50% 40% 30% 20% 10% 0%
& Townhomes
Homes
3600 Preston Rd, Plano, TX 75093 Keller Williams Legacy 3100 Lamar Ave., Paris, TX 75460 Keller Williams Paris
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