Carter House - April 2024 Market Report | KW Legacy

Page 1

North Texas Area

Collin County

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Dallas County

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Denton County

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Fannin-Lamar Counties

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Grayson County

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Kaufman County

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Rockwall-Hunt Counties

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Tarrant County

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What’s your home really worth in today’s market?

That's really the question you should be asking yourself.

Our market is incredibly diverse, and rapidly changing. Values vary not just by neighborhood, but by street. Your home isn't necessarily worth what your neighbors’ home is. At the end of the day, it’s the current market that sets the value of your home.

So, do you know what your home is worth in today's market?

I can help...

Contact me for a confidential, no obligation assessment of your home's value.

Why Overpricing Your House Can Cost You

If you’re trying to sell your house, you may be looking at this spring season as the sweet spot – and you’re not wrong. We’re still in a seller’s market because there are so few homes for sale right now. And historically, this is the time of year when more buyers move, and competition ticks up. That makes this an exciting time to put up that for sale sign.

But while conditions are great for sellers like you, you’ll still want to be strategic when it comes time to set your asking price. That’s because pricing your house too high may actually cost you in the long run.

The Downside of Overpricing Your House

The asking price for your house sends a message to potential buyers. From the moment they see your listing, the price and the photos are what’s going to make the biggest first impression. And, if it’s priced too high, you may turn people away.

Collin County

What's in the Collin County data?

The market for detached residential units saw 1,207 closed sales at a median price of $500k and 32.1% of properties sold above their list price. There was a total of 1,820 new listings, providing a 2.1-month supply with an average of 14 days on the market without price reduction.

The market for condo and townhome units saw 74 closed sales at a median price of $417k and 23% of properties sold above their list price There were 134 new listings, providing a 3.1-month supply with an average of 16 days on the market without price reduction.

New Listings
Months of Supply $500K Median Sales Price 32.1% Sold Above List Price 1,207 Closed Sales DETACHED Detached Residential Homes NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2024 ChartMaster Services, LLC. All rights reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions may be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2024. Each office is independently owned and operated. 14 Not Price Reduced Days on Market
1,820
2.1
134 New Listings 3.1 Months of Supply $41 Median Sa 23% Sold Above List Price Not Price Days o Clos COND Condo & Townh

*Note: Some historical data not available Residential Homes onths, year-over-year orical data not available

Townhomes onths, year-over-year.

MARCH
E LISTINGS CLOSED SALES
lin County MARCH 2023 -
2024
May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024

Median Sales Price

The

as of March 2024

*Note: Some historical data not available

Not PR Days On the Market

Single-Family Homes

There was an average of 14 days on the market, without price reduction, as of March 2024

Condos & Townhomes

There was an average of 16 days on the market, without price reduction, as of March 2024

*Note: Some historical data not available

Sold Above List Price

Detached

*Note: Some historical data not available

Homes
Detached Residential
median
$500k
0 5 10 15 20 25 30 Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024
to Table
Contents
sales price was
Back
of
Residential Homes 32 1% of homes sold above their list
price in March 2024
Condos & Townhomes
The median sales price was $417k as of March 2024
& Townhomes 23% of homes sold above
Condos
their list price in March 2024.
$0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 000% 1000% 2000% 3000% 4000% 5000% Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024

Dallas

What's in the data?

The market for detach closed sales at a med 33.6% of properties so

There was a total of 2 2.3-month supply with the market without pr

The market for condo 248 closed sales at a 35 1% of properties so There were 508 new l month supply with an market without price r

D al Homes 380K an Sales Price ,434 ed Sales Condo/Townhome Residences. Data ©2024 ChartMaster Services, LLC. All without the written permission of to Keller Williams Legacy. TREC# Each office is independently owned 1 Price Reduced on Market
C 50 New List 3. Months of Su 35.1% Sold Above List P

*Note: Some historical data not available

nty

LOSED SALES

y y
ct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024

Median Sales Price

The median sales price was

as of March 2024

Sold Above List Price

Detached

*Note: Some historical data not available Condos

*Note: Some historical data not available

Not PR Days On the Market

Single-Family Homes

There was an average of 11 days on the market, without price reduction, as of March 2024

Condos & Townhomes

There was an average of 14 days on the market, without price reduction, as of March 2024

*Note: Some historical data not available

Back to Table of Contents
Detached Residential Homes
0 5 10 15 20 25 Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024
$380k
Residential Homes
6%
33
of homes sold above their list price in March 2024
Condos & Townhomes
The median sales price was $334k as of March 2024
&
sold
Townhomes 35.1% of homes
above their list price in March 2024.
$0 $100,000 $200,000 $300,000 $400,000 Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 000% 1000% 2000% 3000% 4000% 5000% Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024

Denton County

What's in the Denton County data?

The market for detached residential units saw 1,120 closed sales at a median price of $465k and 29.9% of properties sold above their list price.

There was a total of 1,637 new listings, providing a 2.1-month supply with an average of 14 days on the market without price reduction.

The market for condo and townhome units saw 42 closed sales at a median price of $392k and 33 3% of properties sold above their list price

There were 78 new listings, providing a 3.2-month supply with an average of 12 days on the market without price reduction.

DETACHED Detached Residential Homes 1,637 New Listings 2.1 Months of Supply $465K Median Sales Price 29.9% Sold Above List Price 1,120 Closed Sales NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2024 ChartMaster Services, LLC. All rights reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions may be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2024. Each office is independently owned and operated. 14 Not Price Reduced Days on Market
CONDO Condo & Townhomes 78 New Listings 3.2 Months of Supply $392K Median Sales Price 33.3% Sold Above List Price 12 Not Price Reduced Days on Market 42 Closed Sales

MARCH 2023 - MARCH 2024

Detached Residential Homes

Last 12 months, year-over-year

*Note: Some historical data not available

Condos & Townhomes

Last 12 months, year-over-year.

*Note: Some historical data not available

Denton County
ACTIVE LISTINGS CLOSED SALES
0 500 1,000 1,500 2000 2,500 3,000 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 0 20 40 60 80 100 120 140 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024

Median Sales Price

as of March 2024

as of March 2024

*Note: Some historical data not available

Not PR Days On the Market

Single-Family Homes

There was an average of 14 days on the market, without price reduction, as of March 2024

Condos & Townhomes

There was an average of 12 days on the market, without price reduction, as of March 2024

*Note: Some historical data not available

Sold Above List Price

*Note: Some historical data not available

Back to Table of Contents
Detached Residential Homes
$465k
0 5 10 15 20 25 30 Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024
The median sales price was
sold
Detached Residential Homes 29 9% of homes
above their list price in March 2024
Condos & Townhomes
$392k
The median sales price was
& Townhomes
of homes sold above
Condos
33.3%
their list price in March 2024.
$0 $100,000 $200,000 $300,000 $400,000 $500,000 Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 000% 1000% 2000% 3000% 4000% 5000% Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024

Fannin-Lamar Counties

What's in the Fannin-Lamar Counties data?

The market for detached residential units saw 82 closed sales at a median price of $256k and 13.4% of properties sold above their list price. There was a total of 105 new listings, providing a 4 1-month supply with an average of 35 days on the market without price reduction.

There was no data for condo and townhome units this month.

DETACHED Detached Residential Homes 105 New Listings 4.1 Months of Supply $256K Median Sales Price 13.4% Sold Above List Price 82 Closed Sales NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2024 ChartMaster Services, LLC. All rights reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions may be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2024. Each office is independently owned and operated. 35 Not Price Reduced Days on Market

CONDO

Condo & Townhomes

No data for this month.

No data for this month.

*Note: Some historical data not available

y y

Median Sales Price

The

Condos

No data for this month

*Note: Some historical data not available

Not PR Days On the Market

Single-Family Homes

There was an average of 35 days on the market, without price reduction, as of March 2024

Condos & Townhomes

No data for this month

*Note: Some historical data not available

Sold Above List Price

No data for this month.

*Note: Some historical data not available

Back to Table of Contents
Residential Homes
Detached
median
0 5 10 15 20 25 30 35 Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024
sales price was $256k as of March 2024
Residential Homes
4% of homes sold above their list price
Detached
13
in March 2024
&
Townhomes
&
Condos
Townhomes
$0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 000% 500% 1000% 1500% 2000% 2500% 3000% Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024

Grays Count

What's in the data?

The market for detach closed sales at a med 26.1% of properties s There was a total of 3 4 4-month supply with the market without pr There was no data fo this month.

D al Homes 335K an Sales Price 84 d Sales Condo/Townhome Residences. Data ©2024 ChartMaster Services, LLC. All without the written permission of to Keller Williams Legacy. TREC# Each office is independently owned 5 rice Reduced on Market

CONDO

Condo & Townhomes

No data for this month.

MARCH 2023 - MARCH 2024

Detached Residential Homes

Last 12 months, year-over-year

*Note: Some historical data not available

Nodatatodispla No data for this month.

Condos & Townhomes

Last 12 months, year-over-year.

*Note: Some historical data not available

Grayson County
ACTIVE LISTINGS CLOSED SALES
0 200 400 600 800 1,000 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 0 20 40 60 80 100 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024

Median Sales Price

The median sales price was $335k as of March 2024

No data for this month

*Note: Some historical data not available

Not PR Days On the Market

Single-Family Homes

There was an average of 25 days on the market, without price reduction, as of March 2024

Condos & Townhomes

No data for this month

*Note: Some historical data not available

Sold Above List Price

Townhomes No data for this month.

*Note: Some historical data not available

Back to Table of Contents
Detached Residential Homes
0 5 10 15 20 25 30 Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024
Detached Residential Homes 26 1% of homes sold above their list price in March 2024
Condos & Townhomes
&
Condos
$0 $100,000 $200,000 $300,000 $400,000 Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 000% 1000% 2000% 3000% 4000% Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024

Kaufman County

What's in the Kaufman County data?

The market for detached residential units saw 306 closed sales at a median price of $321k and 11.8% of properties sold above their list price. There was a total of 509 new listings, providing a 3 7-month supply with an average of 42 days on the market without price reduction.

There was no data for condo and townhome units this month.

DETACHED Detached Residential Homes 509 New Listings 3.7 Months of Supply $321K Median Sales Price 11.8% Sold Above List Price 306 Closed Sales NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2024 ChartMaster Services, LLC. All rights reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions may be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2024. Each office is independently owned and operated. 42 Not Price Reduced Days on Market

CONDO

Condo & Townhomes

No data for this month.

MARCH 2023 - MARCH 2024

Detached Residential Homes

Last 12 months, year-over-year

*Note: Some historical data not available

Nodatatodispla No data for this month.

Condos & Townhomes

Last 12 months, year-over-year.

*Note: Some historical data not available

Kaufman County
ACTIVE LISTINGS CLOSED SALES
0 200 400 600 800 1,000 1,200 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 0 20 40 60 80 100 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024

Median Sales Price

The median sales price was $321k as of March 2024

No data for this month

Sold Above List Price

*Note: Some historical data not available Condos

Townhomes No data for this month.

*Note: Some historical data not available

Not PR Days On the Market

Single-Family Homes

There was an average of 42 days on the market, without price reduction, as of March 2024

Condos & Townhomes

No data for this month

*Note: Some historical data not available

Back to Table of Contents
Detached Residential Homes
0 10 20 30 40 50 Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024
Residential Homes
8% of
Detached
11
homes sold above their list price in March 2024
Condos & Townhomes
&
$0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 000% 500% 1000% 1500% 2000% 2500% 3000% Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024

Rockw Count

What's in the Counties data

The market for detach closed sales at a med 19.1% of properties so There was a total of 5 3 8-month supply with the market without pr There was no data for this month.

D al Homes 385K an Sales Price 93 ed Sales Condo/Townhome Residences. Data ©2024 ChartMaster Services, LLC. All without the written permission of to Keller Williams Legacy. TREC# Each office is independently owned 25 Price Reduced on Market

CONDO

Condo & Townhomes

No data for this month.

Detached Residential Homes

Last 12 months, year-over-year

*Note: Some historical data not available

Nodatatodispla No data for this month.

Condos & Townhomes

Last 12 months, year-over-year.

*Note: Some historical data not available

Rockwall-Hunt Counties
CLOSED
MARCH 2023 - MARCH 2024 ACTIVE LISTINGS
SALES
0 200 400 600 800 1000 1200 1,400 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 0 20 40 60 80 100 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024

Median Sales Price

Detached Residential Homes

The median sales price was $385k as of March 2024

Condos & Townhomes

No data for this month

Sold Above List Price

*Note: Some historical data not available Condos

19 1% of homes sold above their list price in March 2024

No data for this month.

*Note: Some historical data not available

Not PR Days On the Market

Single-Family Homes

There was an average of 20 days on the market, without price reduction, as of March 2024

Condos & Townhomes

No data for this month

*Note: Some historical data not available

Back to Table of Contents
0 5 10 15 20 25 30 Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024
Detached Residential Homes
& Townhomes
$0 $100,000 $200,000 $300,000 $400,000 Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 000% 500% 1000% 1500% 2000% 2500% 3000% Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024

Tarra

What's in t data?

The market for d

1,799 closed sale

32.9% of propert

There was a tota 2.1-month suppl the market witho

The market for c closed sales at a of properties sol were 146 new lis supply with an av without price red

ED ntial Homes $345K Median Sales Price 1,799 Closed Sales and Condo/Townhome Residences. Data warranted. ©2024 ChartMaster Services, LLC. All reproduced without the written permission of directed to Keller Williams Legacy. TREC# 2024. Each office is independently owned 12 Not Price Reduced Days on Market
Co 146 New Listing 3.3 Months of Supp 25% Sold Above List Pric

*Note: Some historical data not available

nty
y
SED SALES y
Nov2023 Dec2023 Jan2024 Feb2024 Mar2024
Nov2023 Dec2023 Jan2024 Feb2024 Mar2024
3

Median Sales Price

The

*Note: Some historical data not available

Not PR Days On the Market

Single-Family Homes

There was an average of 12 days on the market, without price reduction, as of March 2024

Condos & Townhomes

There was an average of 23 days on the market, without price reduction, as of March 2024

*Note: Some historical data not available

Sold Above List Price

Detached

*Note: Some historical data not available

Back to Table of Contents
Detached Residential Homes
0 5 10 15 20 25 30 Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024
median sales price was $345k as of March 2024
Residential Homes
9%
sold
32
of homes
above their list price in March 2024
Condos & Townhomes
The median sales price was $295k as of March 2024
&
Condos
Townhomes 25% of homes sold above their list price in March 2024.
$0 $100,000 $200,000 $300,000 $400,000 Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 000% 1000% 2000% 3000% 4000% 5000% Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024
Carter House Realtor TREC #0761670 (501) 473-9242 Chouse@Darexp.com www.Darexp.com 3600 Preston Rd, Plano, TX 75093 Keller Williams Legacy 3100 Lamar Ave., Paris, TX 75460 Keller Williams Paris ®
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