As we approach the end of 2023, the real estate market in Celina, Texas, presents a dynamic and somewhat competitive landscape. Here's an overview of the current market trends:
Market Overview
Competitiveness: The Celina housing market is somewhat competitive.
Median Sale Price: As of last month, the median sale price of a home in Celina was $638,000, marking a significant increase of 17.1% compared to the previous year.
Sale Price per Square Foot: The median sale price per square foot stands at $225, up by 2.3% since last year.
Market Speed: Homes in Celina are selling at a moderate pace. On average, properties are on the market for about 49 days before being sold, which is a slight increase from 37 days in the previous year.
Volume of Sales: There were 66 homes sold in October this year, an increase from 47 homes sold in the same period last year.
Migration and Relocation Trends
Local vs. External Interest: In the period from August to October 2023, 20% of Celina homebuyers were looking to move out of Celina, while a significant 80% were aiming to stay within the metropolitan area.
Inbound Interest: Celina has attracted interest from various metros, with Los Angeles, San Francisco, and New York leading the list of cities from where people are moving into Celina.
Outbound Moves: The most popular destinations for those moving out of Celina include Austin, Houston, and Tulsa.
Home Offer Insights
Recent Sales: A variety of homes have recently been sold in Celina, with prices ranging from the mid-$400,000s to over $900,000, reflecting the diversity in the types of properties available.
School Information
Educational Institutions: Celina offers a range of educational options, including Ralph And Mary Lynn Boyer Elementary School, Light Farms Elementary School, and O'Dell Elementary School, among others.
Environmental and Transportation Factors
Natural Hazards and Risks: Celina has minimal risk of severe winds and wildfires over the next 30 years.
Transportation: The city's transportation options and infrastructure also contribute to its real estate appeal.
This snapshot of the Celina real estate market as of November 2023 indicates a healthy and growing market, with a steady increase in home values and a diverse range of properties available. The city's appeal is further enhanced by its educational offerings and low environmental risks, making it an attractive option for potential homebuyers and investors.
Call us at 469-269-6541 for more information!
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About us: Celina New Construction Expert Real Estate Agent
As a Top Real Estate Professional in Celina, I understand the challenges that arise when buying a new construction home in Celina. There are over 100 builders in the DFW area and a number of top builders build new homes in Celina. I work with most of the new home builders in Celina and understand how various builders operate. I am familiar with the options they offer to new home buyers in Celina, current incentives and I frequently visit the upcoming communities being built in Celina I guide my Celina new home buyer clients through all steps of the new home construction process and aggressively protect their interests in the transaction.
As a holder of top real estate industry certifications and designations like CRS, ABR & GRI, I can offer my clients experience as a Buyer's Agent and REALTOR®, top Industry Customer Service, in-depth, up-to-the-minute and comprehensive market knowledge; honesty, integrity, dedication, and professionalism in my business.
Whether you are a first time buyer in Celina looking to buy a home in Celina or whether you are relocating to Celina from California or moving your entire family from areas like San Francisco, Fremont, Palo Alto, Los Angeles, San Diego in California due to job transfer with your company, I can help you find a new construction home in Celina. Our relocation team eases the transition - whether you are moving across town or across the globe. We will work with you to find an area that best suits your professional, family and lifestyle needs. We have all the tools you need to help your home search. Whether it is video previews of homes, extended work hours, digital signatures for documents or more, we can make this process as comfortable as possible no matter where you are located.
What is most important to you in your new construction home in Celina? Send us an email at info@NitinGuptaDFW.com or give us a call at (469) 269-6541 to schedule a no obligation consultation. We’ll give you honest advice about Celina that you can use to help make your home buying decision.
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