Quantcast

Falling home valuations in Collin County in Q3 2024

Real Estate

By Collin Times | Oct 13, 2024

Webp srr9sdfzucxwwjb59bpwydhapl3n
Stacey Kemp, Clerk of Collin County | https://www.txdirectory.com/

The median sale price of a home sold in the third quarter of 2024 in Collin County fell by $2,855, while total sales increased by 86.9%, according to BlockShopper.com.

From July through September of 2024, 4,506 homes were sold in the county, with sale prices around $319,917. This is a 0.9% decrease from the $322,772 median sale price during the same period in 2023, when there were 2,411 homes sold.

Based on the latest available data from 2019, the median sales tax on homes in Collin County was $6,188, which equates to 1.9% of the median home sale price for the third quarter of 2024.

The U.S. housing market has soared in recent years, with its total value nearing $50 trillion in 2024. This is almost five times greater than the market's value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.

The following histogram displays changes in median sales prices in Collin County from July 2023 to September 2024.

Q3 2023Q4 2023Q1 2024Q2 2024Q3 2024$322,772$322,772$321,137$321,137$322,162$322,162$324,254$324,254$319,917$319,917

Want to get notified whenever we write about Collin County Tx Clerk ?

Sign-up Next time we write about Collin County Tx Clerk, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

Collin County Tx Clerk

More News