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Real Estate Blog

 Real Estate Blog 
Wednesday, March 18 2009
Parker/Murphy is the smallest area we review each month. This is reflected in the number of homes sold, but the overall market in this area is robust!

For Parker/Murphy in January – Sold Properties:

19 homes sold
Average List Price $245,406
Average Sold Price $234,900
Average Price Per Sq Ft $77
Average Days on Market 91


February – Sold Properties

24 homes sold
Average List Price $286,090
Average Sold Price $270,959
Average Price Per Sq Ft $84
Average Days on Market 75

These numbers reflect the supply and demand in Parker & Murphy is in the sellers favor! Fewer days on the market and more money in your pocket from January to February. Yes, we believe this trend will continue as we head into our “spring selling season” – call us and put our experience to work for you!
Posted by: Reechia Powell AT 03:30 pm   |  Permalink   |  0 Comments  |  Email
Friday, March 13 2009
Plano is different than the other areas we review each month, it is larger and therefore offers a wider variety of homes, the price range is also larger than the other areas.

For Plano in January – Sold Properties:

139 homes sold
Average List Price $254,529
Average Sold Price $243,201
Average Price Per Sq Ft $90
Average Days on Market 81


February – Sold Properties

141 homes sold
Average List Price $297,933
Average Sold Price $285,433
Average Price Per Sq Ft $101
Average Days on Market 69

WOW! The changes in Plano are different! More homes sold in February than January, and they sold for more money and in a shorter period of time! The supply and demand for Plano homes is evident!

It’s obviously a good time to sell your Plano area home – call us and let’s talk about our marketing plan for your home!

Posted by: Reechia Powell AT 07:38 am   |  Permalink   |  0 Comments  |  Email
Monday, March 09 2009

Now that we are two months into the “new year” let’s take a moment to look back at both months and see how things are changing in the real estate market.

For Allen in January – Sold Properties:

  • 52 homes sold
  • Average List Price $243,434
  • Average Sold Price $235,021
  • Average Price Per Sq Ft $85
  • Average Days on Market 94


February – Sold Properties

  • 41 homes sold
  • Average List Price $214,335
  • Average Sold Price $204,661
  • Average Price Per Sq Ft $79
  • Average Days on Market 88

Yes, there are changes, homes sold faster, but for a little less and fewer homes sold.

Remember the “spring selling season” is fast approaching! If you are considering put your home on the market give us a call and put our experience to work for you.

Posted by: Reechia Powell Realty Group AT 12:22 pm   |  Permalink   |  0 Comments  |  Email
Thursday, March 05 2009

We continue our look at the first two months of 2009 and how our local real estate market has preformed.

For Wylie in January – Sold Properties:

48 homes sold
Average List Price $181,783
Average Sold Price $174,211
Average Price Per Sq Ft $70
Average Days on Market 88

February – Sold Properties

41 homes sold
Average List Price $164,094
Average Sold Price $157,360
Average Price Per Sq Ft $68
Average Days on Market 85

Yes, there are changes, however they are slight changes. Homes were on the market fewer days; price per square foot dropped slightly.

Remember the “spring selling season” is fast approaching! If you are considering put your home on the market give us a call and put our experience to work for you.

Posted by: Reechia Powell AT 03:38 pm   |  Permalink   |  0 Comments  |  Email
Tuesday, March 03 2009

As a Real Estate Professional in any given week I can encounter a variety of situations.

Some days it is a first-time buyer just entering the real estate market. This can be exciting, emotional, a learning experience, and eye-opening! I remember buying my first home and thinking I knew exactly what I wanted and then realizing there were more (or less) important things than I had ever thought of! Now, years later, I use that experience as well as my many years in the industry to help first time buyers see the big picture and explore all of the options available to them! With the recent stimulus package there are so many more reasons ($8,000) for first time homebuyers to buy now! The $8,000 tax credit does not have to be paid back! Call me, and let’s discuss how this will impact your decision to buy a home this year!

It is also an exciting time to work with others that I see during a typical week in my real estate business. Often times I encounter relocation buyers – people who are moving to the Plano area, usually with a job transfer! These buyers usually have a short window to learn about our area and to find a suitable home and neighborhood. Since Plano is my home, I love to show people around and help them find the area and home that best meets their needs!

Another situation I encounter often is the buyers who have raised their families and are now seeking a smaller home with less maintenance! These buyers often times know where they would like to live be it on a golf course, closer to grand children, or maybe in a quieter area of town. Again, my knowledge of the area and communities comes in handy; but also my knowledge of the financial side of this business can most useful to these buyers.

As a full-time experienced real estate professional I enjoy helping all the buyers and sellers that I meet! Call me, and put my experience to work for you!

Posted by: Reechia Powell AT 03:30 pm   |  Permalink   |  0 Comments  |  Email
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Reechia Powell

Reechia Powell Realty Group
301 S. Watters Road #100
Allen, TX 75013
Phone: (972) 979-9978
Email: Reechia@Reechia.com

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