A Year of Growth for The Collin County Real Estate Market
You may have noticed an increased amount of SOLD signs going up this past year in your Collin County city. You were not alone. 2012 was a strong year in almost all areas of Collin County. 2012 saw more homes sell, in fewer days, for more money than we did in 2011. By all accounts the real estate market in Collin County has bounced back with quite a flourish and looks to continue the trend into 2013 and beyond.
We compared the number of SOLD listings in 2011 to 2012 in 8 major cities of Collin County. All 8 cities saw the number of SOLD listings grow, some cities saw it significantly grow.
|# Listings Sold in 2011 compared to # of Listings Sold in 2012|
for Collin County
We also compared the average SOLD price in 2011 to the average SOLD price in 2012. Only one of the 8 cities we studied saw a decrease in price, and in total Collin County saw a 2.4% increase in average SOLD price.
|Avg. SOLD price in 2011 compared with Avg. SOLD price in 2012 for Collin County|
click to enlarge
Continue to check back with Collin County Market Watch over the next few weeks to see and individual breakdown of each of the cities from the research above. If you would like to see a breakdown of your individual neighborhood or market area leave us a comment below and we will make sure to include you in our future Collin County Market Watch updates.
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