How Is the Celina, Texas Real Estate Market Doing Compared to Last year

The single-family housing market in Celina, TX, during July 2025 demonstrates a notable shift in market dynamics when compared to July 2024. The data indicates a transition away from the high-velocity seller’s market of the previous year toward a more balanced, and in some areas, a buyer-advantageous environment.

Key Performance Indicators:

Median Sale Price: Price performance presents a mixed picture, with a general trend of moderation or decline. While some sources indicate a slight decrease in the median sale price, others show a more significant year-over-year decline of 8.8% to a median of $529,000. New construction homes, in particular, have experienced a substantial price correction, with average sales prices dropping significantly from their peak in mid-2024. This contrasts with the robust price appreciation seen in the previous year.
Sales Volume: The number of homes sold showed an increase, with 75 homes sold in July 2025, up 19.0% from 63 in July 2024. This suggests that despite price changes, buyer demand remains active and a higher volume of transactions are being completed.
Days on Market (DOM): The sales cycle has lengthened considerably. The median days on market increased to 73 days in July 2025, up from 49 days a year prior. This extended marketing period indicates a reduction in buyer urgency and provides prospective purchasers with more time for due diligence and negotiation.
Sale-to-List Price Ratio: Negotiation leverage has shifted in favor of buyers. The average sale-to-list price ratio has decreased to 96.6%, a drop of 1.1 percentage points year-over-year. A high percentage of listings (around 70.5%) have also seen price reductions, further underscoring the shift in market power.
Inventory: The supply of homes for sale has increased substantially. The number of homes for sale in Celina saw a significant month-over-month increase and a larger year-over-year rise. This influx of inventory provides buyers with a greater selection of properties and mitigates the intense competition that defined the market last year.

In conclusion, the Celina single-family market in July 2025 is no longer defined by the high-velocity appreciation and intense competition of recent years. The current conditions favor buyers with increased inventory, longer days on market, and greater negotiating power, while sellers must adjust their pricing expectations to reflect a more competitive and balanced landscape.