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Real Estate Blog

 Real Estate Blog 
Tuesday, June 11 2013

The S & P / Case-Shiller Home Price Index recently showed that home prices in 20 major metro areas have increased at the strongest pace in the past 5 years.  North Texas pending sales are up 6.2%; pending sales tell us the market will continue at a strong pace.  The Median Sold Price is up 13.1%.  

Below you will find county-wide stats, to learn how your neighborhood is preforming contact us and we will provide a personalized report. 

 

Year-to-Date Summary for: May 2013



 

Property Type

Median
Price

% Change
Year Ago

Price/
Sqft

% Change
Year Ago

DOM

% Change
Year Ago

Single Family

$167,800

10%

$95

7%

64

-22%

Condos and Townhomes

$153,250

13%

$129

13%

73

-29%

Rentals

$1,300

0%

$1

3%

37

-9%

 



 

Property Type

Pending
Sales

% Change
Year Ago

New
Listings

% Change
Year Ago

Active
Listings

% Change
Year Ago

Single Family

34,779

16%

52,650

4%

22,205

-21%

Condos and Townhomes

2,245

32%

3,467

8%

1,612

-28%

Rentals

2,812

-79%

15,343

6%

3,121

-4%

 

 

 

Property Type

Sales

% Change
Year Ago

Average
Price

% Change
Year Ago

Single Family

34,625

21%

$220,237

9%

Condos and Townhomes

2,283

41%

$198,711

14%

Rentals

13,219

3%

$1,448

1%

 

 

Helping your find your home is our goal,

Getting you through the process is our expertise!

Reechia Powell     972-979-9978

Keith Powell     214-649-4823

Posted by: AT 01:00 pm   |  Permalink   |  Email
Thursday, February 28 2013
It rarely fails, no matter where we are, if we run into friends one of the first things they always ask us is “How’s the market?” Well we are here to tell you that market is good, and if you are a seller it is great! If you are thinking 2013 might be the year to sell your home we will tell you NOW is the time to put your home on the market!  
Here are some facts and figures to show you just what is happening in our local market:
New listings on the market for the month of January 2012 vs. 2013 showed a decrease of 2.7%:
                January 2012 = 4,353
                January 2013 = 4,237
Overall inventory for the entire month of January – 2012 vs. 2013 showed a 32.8% decrease! 
    January 2012 = 12,745
                January 2013 = 8,564
Closed sales for January 2012 vs. January 2013 showed and 18.2% increase:
                January 2012 = 1,921
                January 2013 = 2,271
Another important factor is how many days were the home homes on the market? That number decreased by 26.7%:
                January 2012 = 109
                January 2013 = 80
Some information about the sold price of homes indicates that prices increased slightly.   The median sales price increased 6.6% and the percent of original list price received increased 2.2%. 
One of the stats we considering when expressing how the future looks is to review the number of pending sales, and in January the number of homes in “pending” status was at a 3 year high! 12.2% more than last year!  
So, let us say it again – NOW is the time to be “in the real estate market” – we are looking for houses to sell! Contact us today and we will provide you with a FREE, no obligation market value report – you just may be surprised at what a commodity your home is.  
Helping your find your home is our goal,
Getting you through the process is our expertise!
Reechia Powell     972-979-9978
Keith Powell     214-649-4823
Posted by: AT 06:17 pm   |  Permalink   |  Email
Friday, February 18 2011

WOW!  Nearly new home in much sought after new community, Bluffview!  Spacious, clean and open floor plan, this home is ideal for family living and entertaining.  Large kitchen and spacious bedrooms.  Main floor master with luxurious private bath.  Location is ideal for easy commute, near highways and DART rail station. 

 

Details here!

 

Call us today to be among the first to see it!   

 

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: Debbi Mortus AT 07:20 am   |  Permalink   |  0 Comments  |  Email
Friday, February 18 2011

Immaculate, well cared for, updated and many upgrades are just a few of the features of this wonderful townhome.  Located near shopping, restaurants, and easy commute options.  The seller is very motivated and you will not be disappointed when you see it for yourself!  

 

Details here!

 

Call us today to be among the first to see it!   

 

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: Debbi Mortus AT 07:17 am   |  Permalink   |  Email
Tuesday, October 19 2010

This wonderful townhome in Carrollton has a new price and you can enjoy a life of luxury and convenience here!  Ideally located!  Two spacious bedrooms!  Well equipped and spacious kitchen.  Dining room!  Living area offers a cozy fireplace.  You will not be disappointed!

2800 Keller Springs Road

 

A wonderful spacious and elegant home in Plano that boasts a sparkling pool and spa has just experienced a price reduction!   A great home that is ready for new owners – be sure to put it on your MUST SEE list!  

3825 Wintergreen Drive

 

Don’t miss this well cared for home in Plano!  Nothing to do here but unpack and enjoy!  New listing price that will surely make you smile!  

2601 Raintree Drive

 

 

Helping you find your home is our goal

Getting you through the process is our expertise!

Reechia & Keith Powell

 

Plano Texas Real Estate

 

Posted by: Debbi Mortus AT 08:10 am   |  Permalink   |  0 Comments  |  Email
Monday, June 21 2010

Enjoy a life of luxury and convenience in this immaculate townhome ideally located in Carrollton!  Two spacious bedrooms!  Well equipped and spacious kitchen.  Dining room!  Living area offers a cozy fireplace.  You will not be disappointed!

2800 Keller Springs Road

 

 

Helping you find your home is our goal

Getting you through the process is our expertise!

Reechia & Keith Powell

 

Allen Texas Real Estate

Posted by: Debbi AT 12:43 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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