April 2013 Market Report

We are definitely in a Sellers Market as demonstrated by last month's statistics. Homes are moving and the sales price has increased. Some of the highlights include:

• Percentage change in terms of number of sales compared to last year has increased by:
• Allen 20% 
• Frisco 28%
• McKinney 22%
• Plano 33%

• Percentage change in sales price compared to last year has increased by:
• Allen 15% 
• Frisco 4%
• McKinney 9%
• Plano 8%

All the above areas have less than 2 months or less of inventory. This decrease in supply coupled with the high demand of Buyers due to low interest rates is making this a Sellers market.