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July 2022 Housing Numbers

You have seen the news and felt the change – the real estate market is shifting and stabilizing. New listings are up, closed sales are down and inventory is up a ton over last year. But inventory is close to 2021 levels and still a sellers market although allowing a bit more breathing room and time for buyers to have choices and time to shop for a beautiful new home. Yes, interest rates are up but they will continue to change too so either they will continue to go up or will go down so no need to wait. Secure the rate now before they go up and if they happen to go down you can refinance; but waiting it not the answer! Let one of our knowledgeable Prestige agents help you navigate the market for buying or selling.

New Listings

2,130

-7.4%

 

Days On Market

18

+28.6%

 

Avg Sale Price

$601,058

+19.0%

 

Closed Sales

1,252

-32.0%

 

Homes For Sale

3,338

+71.5%

 

Months Supply

2.5

+108.3%

 

New Listings

398

+20.6%

 

Days On Market

25

+4.2%

 

Avg Sale Price

$343,854

+21.2%

 

Closed Sales

217

-11.4%

 

Homes For Sale

743

+73.6%

 

Months Supply

3.4

+70.0%

 

Celina 

New Listings

111

-14.0%

 

Days On Market

26

+85.7%

 

Avg Sale Price

$729,692

+29.9%

 

Closed Sales

77

-18.1%

 

Homes For Sale

217

+33.1%

 

Months Supply

2.8

+55.6%

 

Prosper

New Listings

146

+10.6%

 

Days On Market

27

+42.1%

 

Avg Sale Price

$939,178

+30.8%

 

Closed Sales

69

-28.9%

 

Homes For Sale

288

+179.6%

 

Months Supply

3.9

+254.5%

 

McKinney

New Listings

439

-12.4%

 

Days On Market

22

+69.2%

 

Avg Sale Price

$599,754

+21.6%

 

Closed Sales

255

-37.7%

 

Homes For Sale

624

+56.4%

 

Months Supply

2.3

+91.7%

 

Allen

New Listings

168

-18.4%

 

Days On Market

16

+23.1%

 

Avg Sale Price

$623,056

+23.6%

 

Closed Sales

144

-16.3%

 

Homes For Sale

227

+59.9%

 

Months Supply

2.0

+100.0%

 

Frisco

New Listings

424

-3.4%

 

Days On Market

17

+54.5%

 

Avg Sale Price

$786,055

+24.5%

 

Closed Sales

245

-33.8%

 

Homes For Sale

645

+78.7%

 

Months Supply

2.7

+125.0%

 

Wylie

New Listings

131

-4.4%

 

Days On Market

15

0.0%

 

Avg Sale Price

$492,161

+20.9%

 

Closed Sales

70

-36.4%

 

Homes For Sale

207

+93.5%

 

Months Supply

2.6

+136.4%

 

Melissa

New Listings

83

+7.8%

 

Days On Market

23

+130.0%

 

Avg Sale Price

$579,475

+37.9%

 

Closed Sales

29

-44.2%

 

Homes For Sale

152

+120.3%

 

Months Supply

3.7

+164.3%

 

Princeton

New Listings

121

+47.6%

 

Days On Market

12

-63.6%

 

Avg Sale Price

$356,413

+15.9%

 

Closed Sales

55

-29.5%

 

Homes For Sale

153

+121.7%

 

Months Supply

2.5

+177.8%

 

Aubrey

New Listings

185

+65.2%

 

Days On Market

19

-26.9%

 

Avg Sale Price

$460,849

+0.1%

 

Closed Sales

71

+7.6%

 

Homes For Sale

299

+264.6%

 

Months Supply

3.4

+240.0%