JANUARY MARKET STATISTICS UPDATE

Collin County saw a single digit dip in prices for January 2024, while Denton county showed a small increase in the median price.  Both counties did see an increase in market activity when compared to last year (closed sales) and both counties had a nice increase in new listings that came to market. With the talk of three interest rate decreases in 2024, we should see a very active market this year.

PROSPER

CELINA

FRISCO

MCKINNEY

PLANO

ANNA

MELISSA

COLLIN COUNTY

DENTON COUNTY

OVERALL TRENDS

COLLIN COUNTY

• The median list price for homes in Collin County is $509,000, showing a decrease of 2.9% compared to January 2023.
  • Median List Price: $509,000 (Change from January 2023: -2.9%)
• The number of homes for sale in Collin County is 2,690, indicating an increase of 7.1% from January 2023.
  • Number of Homes for Sale: 2,690 (Change from January 2023: +7.1%)

DENTON COUNTY

• In Denton County, the median list price for homes is $484,000, reflecting a positive change of 1.9% from January 2023.
  • Median List Price: $484,000 (Change from January 2023: +1.9%)
• The number of homes for sale in Denton County is 2,533, revealing a decrease of 4.1% compared to January 2023.
  • Number of Homes for Sale: 2,533 (Change from January 2023: -4.1%)

KEY INSIGHTS

• Collin County experienced a decrease in median list price, while Denton County saw an increase.
• Both counties witnessed fluctuations in the number of homes for sale, with Collin County showing an increase and Denton County experiencing a decrease compared to the previous year.