November Market Stats Update

December 6, 2023

Real Estate

November Market Stats Update

 

 

NOVEMBER MARKET STATS UPDATE

 

Check out the  market stats update for Collin and Denton Counties. If you don't see your city below and would like the information, please reach out to us at Merit Homes.

 

Collin County

  • Median List Price: $514,995
  • Number of Homes For Sale: 3,110
  • Change in Median List Price from October 2023: 0.2%
  • Change in Number of Homes For Sale from October 2023: -4.2%

 

Denton County

  • Median List Price: $476,345
  • Number of Homes For Sale: 2,985
  • Change in Median List Price from October 2023: 5.8%
  • Change in Number of Homes For Sale from October 2023: -3.1%

 

Overall Trends

  • The median list price for homes in Collin County was $514,995 in November 2023, up 0.2% from October 2023.
  • The median list price for homes in Denton County was $476,345 in November 2023, up 5.8% from October 2023.
  • The number of homes for sale in Collin County decreased by 4.2% from October 2023.
  • The number of homes for sale in Denton County decreased by 3.1% from October 2023.

 

Key Insights

  • The real estate market in Collin and Denton counties is still relatively strong, despite the seasonal slowdown that typically occurs in the fall and winter.
  • Home prices are still rising in both counties, but the pace of growth is slowing.
  • The number of homes for sale is decreasing, which is putting upward pressure on prices.

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