Ken Oenbrink - NTX Property Watch Report

Celina, TX

Single-Family Homes

Call or Text 972-816-1660 ken.oenbrink@gmail.com



Celina, TX

Sat Sep 21 2019
This week the median list price for Celina, TX is $389,990 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has held steady at or around 279. Click here to stay informed with the Celina market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Celina, TX

Sat Sep 21 2019
This week the median list price for Celina, TX is $389,990 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has held steady at or around 279. Click here to stay informed with the Celina market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Celina market.
Median List Price $389,990
Per Square Foot $149
Days on Market 122
Price Decreased 54%
Price Increased 13%
Relisted 12%
Inventory 279
Median House Rent $1,850
Most Expensive $4,985,000
Least Expensive $150,000
Market Action Index
Slight Seller's Advantage
32

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$615,000 3,807 1 - 2.5 acres 4 4 1 4 2 132
$449,900 3,028 6,500 - 8,000 sqft 4 3 0 2 6 131
$359,904 2,708 4,500 - 6,500 sqft 4 3 0 3 7 133
$285,642 2,086 4,500 - 6,500 sqft 3 2 0 3 8 91