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Real Estate Blog

 Real Estate Blog 
Thursday, January 24 2013
We have all heard that the real estate market is improving, but it is always nice to see what the facts say about our own area. Are things really improving in Plano and Allen Texas?   The answer is YES!   The real estate market is consistent. Here in the Plano area we did not experience the deep valleys that many other parts of the country experienced, we have been experienced a steady market during 2011 and 2012.  
Here are the facts and figures for Plano for 2011 vs. 2012:
Plano
2011
2012
Homes Sold
2,722
3,161
Average Sold Price
$269,565
$271,329
Average Price Per Square Foot
$95
$96
Average Days on Market
93
64
 
As you see, more homes sold in 2012, and the average sold price increased.  The average days on market decreased by nearly a month! The average price per square foot is a good “apples to apples” comparison point, and strongly indicates the steady market we have discussed. 
 
As an additional point of reference let’s look at the same facts and figures for the Allen, Texas real estate market:
Allen
2011
2012
Homes Sold
1,128
1,299
Average Sold Price
$247,295
$247,438
Average Price Per Square Foot
$90
$91
Average Days on Market
84
66
 
While the number of homes sold in the Allen area is less than Plano on average the facts support the same conclusion, we are in a consistent market. 
If you would like to know how your neighborhood compares, contact us and we will provide you with the details.  
Helping your find your home is our goal,
Getting you through the process is our expertise! 
Keith Powell              214-649-4823
        Reechia Powell          972-979-9978
Posted by: AT 07:03 am   |  Permalink   |  Email
Tuesday, September 04 2012

The real estate market in Plano & Allen, Texas continues to sizzle.   

We like to consider the average days on market and average price per square foot as good measures of the overall market - these figures allow us to compare apples to apples so to speak. 

There were 267 homes sold in Plano in August, with an average of 54 days on the market and the average price per square foot was $101. 

In Allen there were 119 homes sold for the average price per square foot of $89 and homes were on the market an average of 61 days.  

As we wrap up what is commonly known as the busy summer season these statistics are encouraging. 

If you have been considering selling your home, give us a call and put our experience to work for you.   

Helping your find your home is our goal,
Getting you through the process is our expertise!
Keith 214-649-4823
Reechia 972-979-9978

 

Posted by: AT 03:02 pm   |  Permalink   |  Email
Monday, March 08 2010

February brought an increase in the number of homes sold in Allen, TX.  Buyers benefited from lower average list and sold prices over January statistics.  The average price per square foot dropped by $12 and the average days on market increase very slightly.  

 

There are less than 60 days to take advantage of the government tax credit.  As we all know, time flies – so don’t miss this opportunity!  Call us and let’s start looking for your dream home NOW!  

 

February 2010 – Allen, TX homes sold statistics:

 

Sold Properties: 62

 

Average List Price             $226,867

Average Sold Price            $217,774

Average Price Per Sq Ft     $85

Average Days on Market    71

 

January statistics    

 

 

Review Allen Real Estate stats for 2009

 

 

Helping you find your home is our goal

Getting you through the process is our expertise

 

Reechia & Keith

 

Allen, TX Real Estate

Posted by: Debbi Mortus AT 01:10 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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