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Market Update for Denton,Collin,Grayson & Cooke Counties

By
Real Estate Appraiser with DW Slater Company 1350025

 Things have really been heating up this summer in Texas!  Literally we have hit the summer time heat with average temperatures for July 96 degrees, we have been hovering around 100 for the past 2 weeks!  Our markets have also been hot!  The median sale prices  for our main four counties have been moving up this year:  

Denton County Median Sale Price

June 2015-$243,530

June 2014-$226,500

+7.51%

Collin County Median Sale Price

June 2015-$272,000

June 2014- $246,000

+10.56%

Cooke County Median Sale Price

June 2015-$168,250

June 2014- $151,760

+10.87%

Grayson County Median Sale Price

June 2015-$125,000

June 2014-$129,00

-3.10%

All counties show increases from this time last year with the exception of Grayson County which shows a slight decline.  Cooke and Grayson counties are more rural, less dense and the data fluctuates more as it is more limited. Overall Grayson county has been showing increase when a five year history is analyzed.

 

Data Source: NTREIS MLS

 

* This is a excerpt from our montly Newsletter.  To sign up for our newsletter go to www.dwslaterco.com