Let's look at the December sales numbers, shall we? Comparing the month of December (2006 vs. 2007) you'll see that the number of sales for Collin County continues to be way off (over 300 fewer). Combine this with an slight increase in days on market and a slight decrease in the sales price/sq.ft. and, if this trend continues, it could signal trouble. I'm not ready to hit the panic button just yet, but it is certainly a Buyer's market right now with historically low interest rates and plenty of inventory (homes) to choose from. With that in mind, Sellers should be aware that homes are still selling (I've sold a bunch of my homes/listings in the past couple of months) but the homes that are selling, for the most part, are those with the best marketing, in the best condition, with the best prices.

Number of Properties Sold in Collin County - Dec. 2006: 1106
	Square Feet	List Price	Sale Price	Price per Square Foot	Days on Market
Avg	2615	$254,197	$245,936	$94	73

Number of Properties Sold in Collin County - Dec. 2007: 883
	Square Feet	List Price	Sale Price	Price per Square Foot	Days on Market
Avg	2613	$250,183	$244,619	$93	86