05/05/2025
Market Snapshot: Regional Trends in Pricing, Sales, and Inventory
In the latest market data, Anna continues to reflect the most significant declines, with list prices down 13% and sales prices falling 5% year-over-year. Melissa is also seeing a notable decrease, reporting the sharpest drop in list prices at 14.8%.
On a more positive note, Richardson has rebounded strongly, currently leading the region with the highest average list price at $975,000 and sales price at $832,000. Plano sellers are achieving the most favorable outcomes relative to their asking prices, with homes selling for 98.4% of the list price.
In terms of market pace, homes are generally taking longer to sell compared to last year—averaging 36 days on market (DOM) versus 25 days in April 2024. Richardson stands out for its speed, with homes selling in just 8 days on average. In contrast, Van Alstyne properties are taking the longest to move, averaging 56 days—30 days more than the same time last year.
Celina and Prosper have entered a buyer’s market, each reporting over 6 months of available inventory (6.6 and 6.3 months respectively), indicating increased choice and negotiating power for buyers.
County-Level Overview
At the county level, Grayson County reports the lowest average list price ($363,000) and sales price ($314,000), along with the lowest sale-to-list ratio at 94.3%. This suggests that sellers in Grayson are accepting significantly lower offers compared to their original asking prices, especially when contrasted with sellers in Collin and Dallas counties.
Collin County remains the strongest in pricing, leading both list and sales price categories. It also maintains a competitive seller’s market with just 3.4 months of inventory available.
Dallas County shows robust activity, with 7,782 homes currently on the market and a relatively fast median DOM of 24 days. Grayson County, on the other hand, has the fewest listings (1,476) and the longest selling time at 57 days. Despite this, Grayson holds the highest inventory levels at 6.4 months, further reinforcing its position as a buyer’s market.
Craig Roberts
Veteran|Engineer| Realtor
850.284.3970