The August numbers are in....here's what we find in the Plano/Murphy area:

Reported closed sales was up +33.3%, while the median sales price is up 1.3% (to $216,750) from 2010.  The average days on the market is still in the 90-day range and for August we had just over 5 month housing supply which is actually considered a balanced market.

This information is good for home sellers in our area.  Of course the holiday season is upon us and real estate activity usually slows slightly during this time of year.  However, don't loose hope!  In general the Dallas Fort Worth area real estate market is doing much better than the rest of the country. 

If you would like to view new homes for sale in the area, check out www.NewHomesDirectory.com or you can contact us at www.NorthTexasTopTeam.com for personalized service.