214-620-0411 Sold@MarrTeam.com

February 2022 Housing Numbers

The market remains strong although home prices not increasing at quite the same rate they were before. Interest rates remain low for now, but are predicted to begin increasing over the next year. If you have been waiting on the sidelines it might be time to make your move as homes may currently be the most affordable they will be for a while.

If you are thinking of taking advantage of this strong market as a seller or a buyer let’s talk soon. Now is the time to begin preparing to sell in early 2022 and spring market.

And remember we have a great program to allow you to Buy Before You Sell (and it’s not a bridge loan) to make the move work for you.  This loan allows you to use the equity in your current home to get you into your new home.  We would be happy to show you how it works so you can start home shopping now and keeping watch for the right new home for you!

New Listings

1,048

-13.7%

 

Days On Market

18

-43.8%

 

Avg Sale Price

$542,242

+20.6%

 

Closed Sales

830

-20.9%

 

Homes For Sale

750

-33.5%

 

Months Supply

0.5

-28.6%

 

Celina 

New Listings

56

-29.1%

 

Days On Market

14

-69.6%

 

Avg Sale Price

$577,028

+28.4%

 

Closed Sales

51

-27.1%

 

Homes For Sale

36

-60.0%

 

Months Supply

0.4

-50.0%

 

Prosper

New Listings

69

+19.0%

 

Days On Market

19

-55.8%

 

Avg Sale Price

$956,305

+39.7%

 

Closed Sales

41

-28.1%

 

Homes For Sale

39

-40.9%

 

Months Supply

0.5

-16.7%

 

McKinney

New Listings

211

-13.9%

 

Days On Market

18

-10.0%

 

Avg Sale Price

$546,898

+26.4%

 

Closed Sales

178

-7.3%

 

Homes For Sale

163

-28.2%

 

Months Supply

0.5

-28.6%

 

Allen

New Listings

83

-18.6%

 

Days On Market

15

-16.7%

 

Avg Sale Price

$544,715

+32.6%

 

Closed Sales

66

-16.5%

 

Homes For Sale

54

-43.2%

 

Months Supply

0.4

-42.9%

 

Frisco

New Listings

182

-16.5%

 

Days On Market

23

-36.1%

 

Avg Sale Price

$673,663

+18.6%

 

Closed Sales

140

-27.1%

 

Homes For Sale

128

-26.9%

 

Months Supply

0.5

-16.7%

 

Wylie

New Listings

54

-22.9%

 

Days On Market

16

-33.3%

 

Avg Sale Price

$454,837

+35.4%

 

Closed Sales

56

-5.1%

 

Homes For Sale

48

-17.2%

 

Months Supply

0.5

-16.7%

 

Melissa

New Listings

33

-37.5%

 

Days On Market

21

-25.0%

 

Avg Sale Price

$525,209

+47.2%

 

Closed Sales

33

-10.8%

 

Homes For Sale

24

-33.3%

 

Months Supply

0.6

+100.0%

 

Princeton

New Listings

57

-72.1%

 

Days On Market

23

-28.1%

 

Avg Sale Price

$333,584

+19.6%

 

Closed Sales

58

+5.5%

 

Homes For Sale

42

-68.7%

 

Months Supply

0.7

-61.1%

 

Aubrey

New Listings

80

+37.9%

 

Days On Market

19

+5.6%

 

Avg Sale Price

$465,486

+25.5%

 

Closed Sales

54

-12.5%

 

Homes For Sale

30

-67.0%

 

Months Supply

0.4

-60.0%