North Texas area
Collin County
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Dallas County
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Denton County
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Fannin-Lamar Counties
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Grayson County
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Kaufman County
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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.
Mortgage Rates: Past, Present, and Possible Future
If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates. Since mortgage rates impact what you can afford when you take out a home loan – and affordability is a challenge today – it’s a good time to look at the big picture of where mortgage rates have been historically compared to where they are now. Beyond that, it’s important to understand their relationship with inflation for insights into where mortgage rates might go in the near future.
Giving Context to the Sticker Shock
Freddie Mac has been tracking the 30-year fixed mortgage rate since April of 1971. Every week, they release the results of their Primary Mortgage Market Survey, which averages mortgage application data from lenders across the country.
Collin
What's in th data?
The market for de
1,280 closed sale and 36.1% of pro
There were 1,681 month supply wit market without p
The market for co closed sales at a 38 8% of properti
There were 108 n month supply wit market without p
Median Sales Price
Detached
The median sales price was at $530K as of August 2023
Condos & Townhomes
The median sales price was at $412K as of August 2023
*Note: Some historical data not available
Sold Above List Price
Detached
The sold above list price was at 36 1% as of August 2023
Condos
The sold above list price was at 38 8% as of August 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 August 2023
There was an average of 20 days on the market, without price reduction, as of August 2023.
*Note: Some historical data not available
Dallas County
What's in the Dallas County data?
The market for detached residential units saw 1,438 closed sales at a median price of $375K, and 38.9% of properties sold above their list price. There were 2,049 new listings, providing a 2.2month supply with an average of 9 days on the market without price reduction.
The market for condo and townhome units saw 306 closed sales at a median price of $308K, and 37 9% of properties sold above their list price There were 399 new listings, providing a 2.2month supply with an average of 12 days on the market without price reduction.
Co
399 New Listin
2.2 Months of Supp
37.9% Sold Above List Pri
ACTIVE LISTINGS
CLOSED SALES
*Note: Some historical data not available
Median Sales Price
The median sales price was at $375K as of August 2023
Condos & Townhomes
The median sales price was at $308K as of August 2023
*Note: Some historical data not available
Sold Above List Price
Detached
The sold above list price was at 38 9% as of August 2023
Condos
The sold above list price was at 37 9% as of August 2023
*Note: Some historical data not available
Not PR Days On the Market
Detached
There was an average of 9 days on the market, without price reduction, as of August 2023
Condos
There was an average of 12 days on the market, without price reduction, as of August 2023.
*Note: Some historical data not available
Dent
What's in t data?
The market for d 1,242 closed sal and 30.1% of pro
There were 1,498 month supply wi market without p
The market for c closed sales at a of properties sol were 62 new list with an average price reduction.
Condo & Townhomes
62 New Listings
56 Closed Sales
2 Months of Supply
$433K Median Sales Price
25% Sold Above List Price
14 Not Price Reduced Days on Market
Denton County
AUGUST 2022 - AUGUST 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
Median Sales Price
Detached Residential Homes
The median sales price was at $465K as of August 2023
Condos & Townhomes
The median sales price was at $433K as of August 2023
*Note: Some historical data not available
Sold Above List Price
The sold above list price was at 30 1% as of August 2023
Condos & Townhomes
The sold above list price was at 25% as of August 2023
*Note: Some historical data not available
Not PR Days On the Market
There was an average of 13 days on the market, without price reduction, as of August 2023
Condos & Townhomes
There was an average of 14 days on the market, without price reduction, as of August 2023.
*Note: Some historical data not available
Fan Co
What's Countie
The market closed sale
24.1% of pr
There were month sup market with The market closed sale properties new listing
1 New Listing
0 Closed Sales
0 Months of Supply
$0 Median Sales Price
0% Sold Above List Price
0 Not Price Reduced Days on Market
ACTIVE LISTINGS
CLOSED SALES
Condos: No data for these months.
*Note: Some historical data not available
Median Sales Price
Detached Residential Homes
The median sales price was at $217K as of August 2023
Condos & Townhomes
The median sales price was at $0 as of August 2023
*Note: Some historical data not available
Sold Above List Price
The sold above list price was at 24 1% as of August 2023
Condos & Townhomes
The sold above list price was at 0% as of August 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 August 2023
Condos & Townhomes
There was an average of 0 days on the market, without price reduction, as of August 2023.
*Note: Some historical data not available
Condo & Townhomes
8 New Listings
6 Closed Sales
4.5 Months of Supply
$268K Median Sales Price
0% Sold Above List Price
45 Not Price Reduced Days on Market
ACTIVE LISTINGS
CLOSED SALES
*Note: Some historical data not available
Median Sales Price
The median sales price was at $322K as of August 2023
Condos & Townhomes
The median sales price was at $268K as of August 2023
*Note: Some historical data not available
Sold Above List Price
Detached
The sold above list price was at 22 9% as of August 2023
Condos & Townhomes
The sold above list price was at 0% as of August 2023
*Note: Some historical data not available
Not PR Days On the Market
There was an average of 19 days on the market, without price reduction, as of August 2023
Condos
There was an average of 45 days on the market, without price reduction, as of August 2023.
*Note: Some historical data not available
Kaufman County
What's in the Kaufman County data?
The market for detached residential units saw 298 closed sales at a median price of $339K, and 22.1% of properties sold above their list price. There was a total of 484 new listings, providing a 3 5-month supply with an average of 18 days on the market without price reduction.
The market for condo and townhome units saw 4 closed sales at a median price of $310K, and 0% of properties sold above their list price. There were 4 new listings, providing a 2.8-month supply with an average of 0 days on the market without price reduction
CONDO
Condo & Townhomes
4 New Listings
4 Closed Sales
2.8 Months of Supply
$310K Median Sales Price
0% Sold Above List Price
0 Not Price Reduced Days on Market
*Note: Some historical data not available
Median Sales Price
The median sales price was at $339K as of August 2023
Condos & Townhomes
The median sales price was at $310K as of August 2023
*Note: Some historical data not available
Sold Above List Price
The sold above list price was at 22 1% as of August 2023
Condos & Townhomes
The sold above list price was at 0% as of August 2023
*Note: Some historical data not available
Not PR Days On the Market
There was an average of 18 days on the market, without price reduction, as of August 2023
Condos
There was an average of 0 days on the market, without price reduction, as of August 2023.
*Note: Some historical data not available
Rockw Count
What's in the R Counties data?
The market for detach closed sales at a medi 21.1% of properties so
There were 490 new lis month supply with an a market without price re
The market for condo closed sales at a medi 27.3% of properties so
There were 10 new list supply with an average without price reduction
CONDO
Condo & Townhomes
10 New Listings
11 Closed Sales
2.1 Months of Supply
$299K Median Sales Price
27.3% Sold Above List Price
17 Not Price Reduced Days on Market
*Note: Some historical data not available
Median Sales Price
The median sales price was at $377K as of August 2023
Condos & Townhomes
The median sales price was at $299K as of August 2023
*Note: Some historical data not available
Sold Above List Price
Detached
The sold above list price was at 21 1% as of August 2023
Condos
The sold above list price was at 27 3% as of August 2023
*Note: Some historical data not available
Not PR Days On the Market
Detached
There was an average of 17 days on the market, without price reduction, as of August 2023
Condos
There was an average of 17 days on the market, without price reduction, as of August 2023.
*Note: Some historical data not available
CONDO
Condo & Townhomes
150 New Listings
91 Closed Sales
2.8 Months of Supply
$347K Median Sales Price
27.5% Sold Above List Price
19 Not Price Reduced Days on Market
Median Sales Price
The median sales price was at $352K as of August 2023
Condos & Townhomes
The median sales price was at $347K as of August 2023
*Note: Some historical data not available
Sold Above List Price
Detached
The sold above list price was at 36 9% as of August 2023
Condos
The sold above list price was at 27 5% as of August 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 August 2023
Condos
There was an average of 19 days on the market, without price reduction, as of August 2023.
*Note: Some historical data not available