Hi everyone, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, here to give you a market update for January 2024 in Collin County, Texas.

Let’s dive into some numbers. Right now, we have a 2.44 Months Supply of Inventory in Collin County. This means that if no new homes were to come on the market, it would take 2.44 months to sell all the existing homes. Over the last 12 months, we’ve seen a slight increase of 1.24% in Months Supply of Inventory.

The List to Sold Price percentage is currently at 97.4%, showing that homes in Collin County are still selling close to their asking price.

The median days on market is 51, which means that half of the homes are selling in less than 51 days. This shows that the market is still moving quickly in Collin County.

And finally, the median sold price in Collin County is $493,000. This gives you an idea of the price range that most homes are selling for in the area.

So, whether you’re a buyer or a seller, it’s important to stay informed about the market trends in Collin County. If you have any questions or are looking to buy or sell a home, feel free to reach out to me at Ebby Halliday REALTORS.

Thanks for dropping by, and I’ll see you next time with more market updates. Happy house hunting!