Housing Market Snapshot for Collin County,Texas March 2020 COVID 19

People are asking about the market right now during COVID 19
Are houses selling right now?
Yes, houses are showing and selling!
Are the interest rates low?
The interest rate per our ZOOM meeting call today was 3.25 %
Can buyers come view my home?
Yes you can control who views your home & what sanitation or questions you want to ask the buyers before they view.
I never try to predict the market. I never go by what media, facebook or other social media is saying. I always look at the real numbers from my Association of Realtors. They have a market snapshot based on actual closed sales, new listings, & months inventory.
Here are the REAL numbers!
Market Snapshot for March 2020 compared to March 2019
Collin County
Closed sales 2019-1359
Closed sales 2020-1402
Average Sales price 2019-$371,197
Average Sales price 2020-$387,406
Days on Market Average 2019-71
Days on Market Average 2020-59
New Listings 2019-2325
New Listings 2020-1791
Under Contract 2019-1219
Under Contract 2020-1240
Months Inventory 2019-3.5
Months Inventory 2020-2.3
Please message me any questions you have about the market during COVID 19!
I have sold real estate FULLTIME through RE/MAX in North Texas for 15 years.
I put my clients first and I will give you the facts!