Dallas Area Residential Sales Report for June – Celina, TX

As in other areas of North Texas home sales were booming in Celina during June with sales up 21% compared to last year. Pending sales did even better rising a whopping 60%. WE did see a decline in the average sales price of 6% and drop of 11% in the median sale price. It looks like buyers were nor purchasing the more expensive homes.

Now the bad news if you are a buyer. New listings fell by 10% and active listings came in 53% down. The months of inventory now stands at 2.5 months.What does this mean. Well, I mean that buyers will have a much harder time finding that dream home.

Sales: 88

Average Sales Price: $364,494

Medina Sales Price: $460,000

Pending Sales: 101

New Listings: 79

Active Listings: 138

Months of Inventory: 2.5

Information provided by The Real Estate Center