Ken Oenbrink - NTX Property Watch Report

Celina, TX

Single-Family Homes

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



Celina, TX

Wed Jul 17 2019
This week the median list price for Celina, TX is $399,995 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 324. Click here to stay informed with the Celina market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Celina, TX

Wed Jul 17 2019
This week the median list price for Celina, TX is $399,995 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 324. Click here to stay informed with the Celina market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Celina market.
Median List Price $399,995
Per Square Foot $147
Days on Market 98
Price Decreased 43%
Price Increased 15%
Relisted 4%
Inventory 324
Median House Rent $1,598
Most Expensive $2,100,000
Least Expensive $160,900
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
$599,900 3,780 0.25 - 0.5 acre 4 4 1 5 8 90
$452,900 3,001 6,500 - 8,000 sqft 4 3 0 6 2 103
$372,689 2,800 6,500 - 8,000 sqft 4 3 1 7 5 110
$290,990 2,111 4,500 - 6,500 sqft 4 2 1 12 8 88