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!
Collin County
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%