Our Keller Williams Allen office has a proprietary agreement with a firm called ChartMasters, which scrubs the MLS for data inaccuracies. They find many data-entry mistakes made by agents, and as a result, those mistakes can often skew the market reports fairly dramatically. With their help, we have a more reliable view of true current market conditions than other Realtors.
The Q1 data was just released. We're sharing this data so the public knows how the market performed during January, February, and March. This data compares Q1 2026 to Q1 2025.
Collin County
Total sales up 0.5%, most other DFW counties are down
Median sales price down 7.1%, most other counties are down as well, Rockwall and Ellis are up
Median days on market is 87 days, up 28%, every county is up
Median sales/original list price is 92.9%, down 2%, every county is down
Homes needing a price reduction is 65%, up 8%, most counties are up
Sellers that had to give concessions is 64%, up 6%, almost all counties are up
Median concession amount is $10,000, up 11%
Failed listings 33%, up 4%, all counties are up
Months supply 4.3 (balanced market), up 10%, all counties are up
Allen
Total sales up 0.5%
Median price down 3.4%
Median days on market 95, up 50 days
Median sales/original list price 94.1%, down 2.8%
Price reductions 59%, up 17.4%
Seller concessions 60%, up 11%
Failed listings 29%, up 4%
Months supply 2.7 (seller's market), down 7%
F/L/P
Total sales down 9.6%
Median price down 13.4%
Median days on market 84, up 2 days
Median sales/original list price 94.7%, up 0.2%
Price reductions 47%, down 1%
Seller concessions 50%, up 10%
Failed listings 37%, up 7%
Months supply 5.4 (balanced market leaning towards buyers), up 2%
Active listings down 1%
Pending listings down 5%
Sold listings down 27%
Median sales/original list price 94.4%, up 3%
Median DOM 61, down 39%
Median DOM 61, down 39%
Price reductions 47%, down 9%
Median sales price if no price reduction 98%, down 1%
Median sales price if price reduction 87%, up 3%
Failed listings 43%, up 13%
And a recent article on Inman News, which is a real estate news source, said the following...
"National Association of Realtors Chief Economist Lawrence Yun has downgraded his forecast for existing home sales growth this year from 14 percent to 4 percent year-over-year. Yun elaborated on the updated forecast at Inman Connect Nashville on Wednesday, pointing to stubbornly high mortgage rates, the oil price shock and softer job growth as key forces reshaping what was initially expected to be a strong rebound year."
So even though the market feels sluggish in north Texas right now, certain areas are still doing ok. To be clear, we're not sending this information to be negative. We live in a very desirable part of the country with a great job market and great schools. We just think it's important for all our potential sellers to know exactly what we're seeing in the market so you know what to expect. Hopefully Q2 will produce some buyers that decided to hit the pause button during Q1.
