Dallas Area Residential Sales Report – Condos and Town Homes in Collin County

Hi there, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, here to bring you the latest market update for December 2024 on condos and town homes in Collin County, Texas.

Let’s dive into the numbers, shall we? Currently, we have a 5.4 Months Supply of Inventory in Collin County. This means that at the current pace of sales, it would take 5.4 months to sell all the homes on the market. And over the last 12 months, we’ve seen a 71.43% increase in Months Supply of Inventory.

The List to Sold Price percentage is at 96.8%, which is a strong indicator of the market’s health. Sellers are getting close to their asking price, which is great news for anyone looking to sell their home in Collin County.

The median days on market is currently 71 days, which means that condos and town homes are selling relatively quickly in Collin County. Buyers should be prepared to act fast if they find a home they love.

And finally, the median sold price in Collin County is $447,500. This gives us a good idea of the overall market value in the area.

So there you have it, the latest market update for December 2024 in Collin County, Texas. Whether you’re a buyer or a seller, it’s always important to stay informed about the market trends. If you have any questions or are thinking about buying or selling a condo or town home, feel free to reach out to me. I’m here to help. Thanks!