214-620-0411 Sold@MarrTeam.com

March 2022 Housing Numbers

The Spring Market is in Full Bloom! We are hopeful as we are beginning to see an increase in inventory over last year (more than 25% in some areas).  As inventory increases it will provide relief for buyers not feel so overwhelmed with bidding wars and increasing interest rates.  But remember, even if we see an inventory increase it will still remain a seller’s market in the foreseeable future – click to view the Collin County Historical Data Graphs to see where we are overall in inventory for active listings over the past 5 years through today.

We are all continuing to watch world events and inflation to see the effects to the real estate market, but all the prediction still point to a continued strong market in our area.  We will keep you updated, but if you are on the fence about buying – earlier in the year may be better than waiting – reach out and we would be happy to guide you in this unprecedented market. 

Remember we also have a great Buy Before You Sell Program that will let you utilize the equity in your home to help answer the question of, “If we sell where will we go?”

New Listings

1,672

-2.8%

 

Days On Market

19

-24.0%

 

Avg Sale Price

$607,883

+31.6%

 

Closed Sales

1,287

-7.3%

 

Homes For Sale

894

-17.8%

 

Months Supply

0.6

-14.3%

 

New Listings

276

+19.0%

 

Days On Market

29

-43.1%

 

Avg Sale Price

$372,572

+29.6%

 

Closed Sales

252

+20.0%

 

Homes For Sale

277

+0.7%

 

Months Supply

1.2

-7.7%

 

Celina 

New Listings

115

+32.2%

 

Days On Market

16

-46.7%

 

Avg Sale Price

$697,792

+39.7%

 

Closed Sales

79

-3.7%

 

Homes For Sale

54

-37.2%

 

Months Supply

0.7

-12.5%

 

Prosper

New Listings

104

+6.1%

 

Days On Market

9

-60.9%

 

Avg Sale Price

$941,974

+34.9%

 

Closed Sales

73

-3.9%

 

Homes For Sale

64

-7.2%

 

Months Supply

0.9

+28.6%

 

McKinney

New Listings

339

-16.5%

 

Days On Market

17

-22.7%

 

Avg Sale Price

$595,987

+32.7%

 

Closed Sales

254

-9.9%

 

Homes For Sale

175

-22.2%

 

Months Supply

0.6

0.0%

 

Allen

New Listings

131

-28.4%

 

Days On Market

12

-20.0%

 

Avg Sale Price

$611,979

+43.3%

 

Closed Sales

103

-16.9%

 

Homes For Sale

69

-24.2%

 

Months Supply

0.5

-16.7%

 

Frisco

New Listings

366

-5.7%

 

Days On Market

18

-14.3%

 

Avg Sale Price

$757,242

+29.1%

 

Closed Sales

242

-10.4%

 

Homes For Sale

201

-3.4%

 

Months Supply

0.7

0.0%

 

Wylie

New Listings

107

+8.1%

 

Days On Market

23

+4.5%

 

Avg Sale Price

$487,270

+43.7%

 

Closed Sales

71

-11.3%

 

Homes For Sale

54

+14.9%

 

Months Supply

0.6

+20.0%

 

Melissa

New Listings

45

+55.2%

 

Days On Market

30

-3.2%

 

Avg Sale Price

$560,955

+52.0%

 

Closed Sales

52

+15.6%

 

Homes For Sale

26

+23.8%

 

Months Supply

0.6

+50.0%

 

Princeton

New Listings

59

+28.3%

 

Days On Market

19

+5.6%

 

Avg Sale Price

$376,530

+26.4%

 

Closed Sales

71

-11.3%

 

Homes For Sale

31

-49.2%

 

Months Supply

0.5

-37.5%

 

Aubrey

New Listings

116

+34.9%

 

Days On Market

22

-12.0%

 

Avg Sale Price

$481,796

+39.5%

 

Closed Sales

95

+26.7%

 

Homes For Sale

53

-39.8%

 

Months Supply

0.6

-40.0%