Collin County Market Watch — January 2025

The Latest Market Snapshot

Compared to this time last year, the market is showing moderate softening in both pricing and activity, with Collin County experiencing slightly more pressure than the broader MLS.

The median sale price is down year over year, with the Entire MLS at $350,000 (-2.8%) and Collin County at $490,000 (-4.2%), indicating modest price adjustments for typical homes, rather than a sharp decline in values.

Days on market have increased, averaging 47 days across the Entire MLS (+14.6%) and 49 days in Collin County (+22.5%), suggesting that buyers are taking more time to make decisions and are being more selective.

Months of inventory are higher than last year, coming in at 4.2 months for the Entire MLS (+5.0%) and 3.4 months in Collin County (+17.2%). This shift reflects more balanced market conditions, with buyers having additional choices while sellers face more competition.

Closed sales are down year over year, with 6,284 sales across the Entire MLS (-4.6%) and 755 sales in Collin County (-6.3%), confirming slightly reduced buyer activity compared to the same time last year.

Finally, the list-to-sale price ratio has softened, with homes selling at 93.1% of list price across the Entire MLS (-1.0%) and 93.5% in Collin County (-1.2%), reinforcing that negotiation is playing a larger role in today’s market.

Overall, this remains a buyer-aware, pricing-sensitive market where accurate pricing, preparation, and strategy are key to successful outcomes.

What This Means for You

Market conditions vary not just by county, but by neighborhood, price range, and property type. While this Market Watch provides a broad view, the most meaningful insights come from hyper-local data tailored to your specific area.

Stay Informed with a Neighborhood Market Watch

If you’d like to track what’s happening around your own home or target neighborhood, we offer a free Neighborhood Market Watch—a personalized snapshot showing recent sales, active listings, pricing trends, and market activity specific to your area.

For questions about buying, selling, or planning your next move, the team at Cindy Coggins Realty Group is available to help you interpret the data and make informed decisions based on your goals—not headlines.

👉 Sign up for your Neighborhood Market Watch or schedule a consultation with Cindy Coggins Realty Group today.

📞 Call or Text: (469) 499-7452
📧 Email:  cindycoggins@kw.com

Disclaimer:

Market data is provided for informational purposes only and is based on MLS information believed to be reliable but not guaranteed. Data reflects historical trends and does not predict future performance. Because real estate data is reported after transactions close, this update uses data from the most recently completed month available at the time of publication. Market conditions change, and this information is not legal, financial, or investment advice.