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.
Collin County
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%
Grayson County
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%