2023
HOME EDITION
REAL ESTATE DATA
COMPILED BY KEVIN CUMMINGS
2022-23 Richardson real estate market at a glance Home prices—along with total sales and the amount of time homes have stayed on the market—have been in ux for the past two calendar years in Richardson, with homes sales prices and days on the market increasing as the number of homes sold has decreased.
PGBT TOLL
75080 75081 75082
75
ARAPAHO RD.
N
SOURCE: COLLIN COUNTY ASSOCIATION OF REALTORS COMMUNITY IMPACT
Number of homes sold
Average home sales price
June 2021-May 2022
June 2022-May 2023
June 2021-May 2022
June 2022-May 2023
$400,750
75080
+7.36%
$430,250
$374,900
75081
+8.03%
$405,000
$505,000
75082
+9.5%
$553,000
75080
75081
75082
Average days on market
National mortgage rate data After staying relatively at the rst two years of the pandemic, mortgage rates have sharply risen since early 2022, peaking Nov. 10 of last year before seeing some decline the last six months. 30-year xed-rate mortgage 15-year xed-rate mortgage
June 2021-May 2022
June 2022-May 2023
30
8%
25
6.48%
20
6%
15
3.72%
3.22%
4%
5.73%
10
2.65%
3.16%
5
2%
2.43%
2.16%
0 January 2020
0
75080
75081
75082
January 2021
January 2022
January 2023
11
RICHARDSON EDITION • AUGUST 2023
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