Matt’s Market Minute For May

Below are market statistics for the month of May for Prosper, Celina and Frisco. As you’ll see from the stats below, the market is shifting in the North Dallas area.  We have more listings coming to market which is increasing the market’s inventory. This added inventory is beginning to temper the escalation of prices we’ve seen in the past twelve plus months. This is welcome news for buyers who have been watching prices go up and up. Analysts are not projecting prices to fall in the area, but we may have seen the last of crazy prices increases month after month.