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Buyers Gain More Options in Collin County's August 2025 Housing Market

The Collin County real estate market is experiencing a significant shift in August 2025, marked by changing inventory levels and price adjustments in both new and existing homes. This dynamic creates a new landscape for buyers and sellers. Let's explore the key trends across the new construction, resale, and residential lease sectors.


New Construction Market: A Mixed Picture


For those seeking a brand-new home in Collin County, the market shows a substantial year-over-year increase in available properties. Active listings for new construction stand at 2,186 , a 37.8% increase from last year and a 4.3% rise from July 2025. This growth in inventory suggests more options for prospective buyers.


In terms of pricing, the average list price for a new home is now $525.58K , which is a 7.2% decrease from the previous year and a 5.7% decrease from last month. The average sales price for closed homes in August was $457.70K.


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Key New Construction Market Trends:


  • Growing Inventory: Active listings are at 2,186 , up 4.3% from last month and 37.8% from last year.

  • Price Adjustments: The average list price is $525.58K , a 7.2% decrease from last year. The average closed price was $457.70K , which is down 8.9% from last year but up 0.4% from July.

  • Sales Activity: There were 477 closed sales , a 13.6% decrease from last month but a 5.3% increase from last year. The 771 new listings represent a 16.5% decrease from July but a 28.9% jump from last year.

  • Seller Negotiations: Sellers are receiving 92.9% of their original asking price.

  • Time on Market: New construction properties are on the market for an average of 68 days.





Resale Market: Inventory Remains High


The resale market in Collin County continues to see a large number of available homes compared to the previous year. Active listings stand at 4,813 , a significant 33.9% jump compared to last year , though this is a 5.3% decrease from the previous month. This influx of properties provides buyers with a wide selection. The average list price for resale homes is $609.09K , while the average sold price settled at $578.40K.


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Key Resale Market Trends:


  • Inventory Levels: Active listings are at 4,813 , down 5.3% from last month but up 33.9% from last year. New listings stand at 1,463.

  • Price Dynamics: The average list price is $609.09K , a 4.6% decrease from the prior year and a 2.2% decrease from July. The average closed price is $578.40K , down 4.6% from last month and 5.4% from last year.

  • Sales Activity: Closed sales reached 1,013 , which is a 5.1% decrease from last month but a 2.5% increase from last year.

  • Market Supply: The market has a 5.50-month supply of homes.

  • Days on Market: Resale homes are taking an average of 52 days to sell.

  • Seller Position: Sellers are receiving 94.3% of their original list price.






Rental Market: More Choices for Tenants


The residential lease market in Collin County is also expanding, offering more options for renters. Active lease listings have climbed to 2,658 , which is a 1.5% increase from July and a 7.1% increase from last year. The average list price for a rental is $2.92K , while the average price for a leased property is $2.50K.


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Key Rental Market Trends:


  • Growing Availability: Active listings are at 2,658 , up 1.5% from last month and 7.1% from last year. There were 1,499 new lease listings.

  • Leasing Activity: Closed leases totaled 977 , an 18.7% decrease from the previous month and a 6.8% decrease from last year.

  • Lease Prices: The average listed rent is $2.92K. The average closed lease price is $2.50K , a 3.9% decrease from the prior month and a 1.0% decrease from last year.

  • Supply: There is a 2.75-month supply of rental properties.

  • Leasing Time: Properties are taking an average of 39 days to lease.

  • Leasing Close to Asking Price: Properties are being leased at 96.6% of their original listed price.




Overall Market Outlook


August 2025 in Collin County is characterized by higher year-over-year housing inventory across both sales and rental markets. This provides buyers and renters with more choices than they have seen in the recent past. Both new and resale homes have seen average sale prices decrease compared to the previous year. With an average mortgage rate of 6.79% , market participants should remain informed and strategic in their decision-making.



Important Note:

This analysis is based on data from NTREIS (North Texas Real Estate Information Systems) as of August 30, 2025.  Market conditions can change rapidly, and this report is intended for informational purposes only. It should not be considered a guarantee of future market performance.    

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