This past quarter showed signs of increasing inventory and continued increase in sales prices in Collin County resale homes. Based on this information we believe that this is a great time to sell because the inventory remains low which drives higher prices. However, it also poses an issue for buyers who need to purchase a home because inventory is growing but not at a very fast pace. This leads to multiple offers on homes and so buyers are faced with a competive situation in the home buying process. We also saw something a little unusal this past quarter, new home builds were down about 22% compared to 1st quarter of last year. The wet weather was partly due to this issue. Builders expect to make up for that short fall over the next few months. The following statistics were furnished by North Texas Real Estate Information Systems. Remember that the figures that follow are for the entire Collin County area and may not reflect what is going on in your neighborhood or subdivision. Please call 214-676-8040 if you would like a "free" Comparative Market Analysis done on your personal home. If you are a buyer and need help with information about a specific area or type of home, please call our buyer information line at 214-215-5106 and we will be happy to assist you. The DeBerry Team of Keller Williams Realty Plano is pleased to furnish you with the following information.