Celina, TX 75009 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary indicator, median sold price, is not provided in the supplied metrics; this absence suggests limited recent closed-sales data in the sampled set, which may reduce confidence in transaction-based valuation signals and makes listing-price vs. sale-price gaps harder to quantify. contextual caution
2. The median listing price 577,000 sits alongside a documented price year-over-year trend of down, indicating seller expectations remain elevated relative to documented downward pressure on transaction prices and that list-to-sale convergence may be slowing.
3. The median days on market 171 points to slower sales velocity and, when combined with the sampled elevated inventory relative to sales activity, suggests greater pricing friction and more time required to transact; the market temperature is neutral, so this appears to be a move toward balance rather than a sharp market shift.
4. Elevated interest rate pressure and financing costs are material: Current 30-year fixed mortgage rates 6.43% are present in the local comparison and may be contributing to the observed downward rent and price trends; median market rent 1,850 and median price per square foot 215 provide context for affordability and pricing granularity but do not change the observed cooling signals. elevated interest rate pressure

Notable Properties

The following 3 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.