"March Collin County Statistic Comparison"
Posted by Roxanne DeBerry on
I just wanted to give you an update on the Collin County market for single family resale homes performance based on comparing March of 2024 to March of 2023. Median sales prices increased by 5.0% and that may be the reason we are seeing more homeowner putting their homes on the market than last year. Remember this is an overall number and not specific to a specific neighborhood. Days on market was also down by 23.5% from last year. Which means homes sold faster. On the 0ffers coming in on homes they are about 98.8% of list price and that is up from last year when it was only 98.4%.
Months of inventory climbed to 2.5 months which is up from March of last year which was only 1.4 months of inventory. Buyers are now having more choices in the market but…
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