All reported counties increased their Median Percentage of Original Price. Celina had the most significant percentage drop to 87.9% of the original price. Meanwhile, Prosper crept into a Buyer’s Market with 6.2 months of inventory.
Prosper has the highest year-over-year (YOY) inventory increase at 24%. McKinney has the lowest at -10.8%. Aubrey’s inventory is static. Plano and Anna are down. All other reported areas showed inventory increases.
Dallas County median price PSF this month is the highest at $200, while Collin County increased to $194 and Denton County decreased to $193. Dallas County has the most Active properties at 7,152. Dallas County got the highest median closed percentage of the original listed price at 69.7%.
Historically, listings posted the week of April 14 have seen the strongest buyer demand, the highest listing prices, and the fewest days on the market, according to Realtor.com. This year is historic, but not traditional. The war with Iran and fuel prices have affected interest rates and the real estate market. The 30-year fixed mortgage rates have risen for five consecutive weeks.
Mark M. Hancock, GRI, MRP, AHWD
REALTOR, New Build certified
214-862-7212 (call or text)
DFWmark@kw.com
DFWmark.com
#DFWmark #REALTOR #MarketWatch #MarketStatistics #Stats #YOY





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