Listings down prices up!
Last April was the first full month of lock downs so the comparison to this April is a little skewed.
Home sales rose 10% in Celina while pending sales increased 28%. The average sales price climbed 35%. The median sales price saw a 33% rise. While there was a 66% jump in new listings this could not keep up with the sales so that number of active listings declined by 84%. The months of inventory dropped to 0.5 months. That means at current absorption levels it would take 15 days to exhaust the current inventory.
Average Sales Price: $501,984
Median Sales Price: $442,660
Pending Sales: 78
New Listings: 78
Active Listings: 31
Months of Inventory: 0.5
Information provided by the Texas Real Estate Center
#mariesellsdallas #RealEstateCelina #HomesForSaleCelina