Days on Market is Decreasing in Allen, Frisco, McKinney and Plano.
It is Taking Less Time to Sell Homes in North Texas
The Real Estate Center at Texas A & M University recently released year-end sales figures for 2009. For purposes of this blog post, I am focusing on Allen, Frisco, McKinney and Plano homes.
Days on Market measures how long it takes to get a home under contact after it goes on the market.
According to the year-end MLS sales statistics, the average Days on Market (DOM) for 2009 decreased compared to 2008 for Allen, Frisco, McKinney and Plano.
City |
Average Days on Market for 2009 |
Change from 2008 |
|
|
|
Allen |
74 |
-10% |
|
|
|
Frisco |
78 |
-12% |
|
|
|
McKinney |
77 |
-4% |
|
|
|
Plano |
63 |
-7% |
The average Days on Market is one indicator about where the local real estate market is heading. A decreasing average Days on Market is a good sign. A decreasing average Days on Market indicates that it is taking less time to sell homes in Allen, Frisco, McKinney and Plano.
To view all of my other Blog posts about Allen, Frisco, McKinney, Plano and other North Texas cities, please click www.AllAboutNorthTexas.com
Also, be sure to visit my Website www.RobertLerner.com for North Texas school ratings, cost-of-living information, builder ratings, real estate taxes, fun things to do and much more.
To search the entire MLS inventory of Allen homes for sale, Frisco homes for sale, McKinney homes for sale, Plano homes for sale and homes for sale in many other North Texas cities, please click www.NTxHomesUpdate.com
If you have any questions about Allen, Frisco, McKinney, Plano and other North Texas homes and real estate for sale, then please contact me.
I look forward to hearing from you.
Thanks,
Robert Lerner, CRS
RE/MAX Hall of Fame
Full-time Realtor since 1993
RE/MAX Premier Properties I
Email: Robert@RobertLerner.com
Blog: www.AllAboutNorthTexas.com
Website: www.RobertLerner.com
MLS Search: www.NTxHomesUpdate.com
Phone: 972-979-0662
Allen homes, Allen real estate, Frisco homes, Frisco real estate, McKinney homes, McKinney real estate, Plano homes, Plano real estate
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