Skip to main content
#
Reechia Powell Realty Group
Plano Real Estate - Homes for Sale in Plano, Texas
Search Properties in Plano, Allen and Murphy
Plano, Texas Featured Listings
Plano Texas Real Estate Information
Allen Texas Real Estate Information
Murphy Texa Real Estate Information
Plano, Allen, and Murphy Luxury Golf Communities
Plano, Allen, and Murphy Golf Communities
Luxury Gated Communities in Northern Texas
Retirees/Seniors
Buying a home in Plano, Allen or Murphy, Texas
Selling A Home In Plano, Allen or Murphy, Texas
Free Resources in Collin County
Reechia Powell, Reechia Powell Realty Group, Plano, Allen and Murphy Realtor
Real Estate Blog

 Real Estate Blog 
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
Tuesday, March 23 2010

Wylie, TX experienced a booming real estate market in the second month of 2010!  When compared to the number of homes sold in January, February saw twice as many homes sold!  And sellers, the good news doesn’t stop there!  The average listed and sold price for February increased by nearly $20,000!  To continue the good news, the average days on market only increased by two!  Sellers are enjoying a brisk market; and yet the buyers continue to enjoy consistent values for homes being purchased in Wylie, TX. 

 

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!  

 

For Wylie in February 2010

 

Sold Properties: 74 homes sold

 

Average List Price             $189,314

Average Sold Price            $182,110

Average Price Per Sq Ft     $69

Average Days on Market    80     

 

January statistics for Wylie, TX

 

Review Plano Real Estate stats for 2009

 

 

Helping you find your home is our goal

Getting you through the process is our expertise

 

Reechia & Keith

 

Wylie, TX Real Estate

Posted by: Debbi Mortus AT 08:06 am   |  Permalink   |  0 Comments  |  Email
Wednesday, February 03 2010
Typically January Real Estate sales can be challenging, but the Wylie area enjoyed a brisk business. The average list and sold price dropped only slightly from the figures in December and the final 6 months of 2009. The days on market did increase, by about one week. The average price per square foot remained consistent. 
 
Traditionally January Real Estate can be slow, and even though fewer homes sold the prices remained fairly constant!  
 
Our market remains steady and with the expanded tax credit it is a great time to purchase a home. To qualify for the tax credit you need to have a home under contract before April, which will be here before you know it!   Call us and we can help you find your dream home and take advantage of the tax credit!  
 
For Wylie in January 2010
Sold Properties:
 
23 homes sold
Average List Price             $168,847
Average Sold Price            $162,849
Average Price Per Sq Ft     $67
Average Days on Market    78     
 
 
 
 
Posted by: Reechia Powell AT 03:03 pm   |  Permalink   |  0 Comments  |  Email
Monday, January 18 2010
Wylie, Texas Real Estate
As we look toward the New Year we wonder what will the real estate market do? Let’s first take a moment to reflect on the past 6 months. Often reviewing what we just finished helps us prepare for the future. 
Single Family Home sales in Wylie, Texas were very consistent for the final half of 2009. 
·         Average List Price    $178,725
·         Average Sold Price $172,801
o       4% difference between list price and sold price!
·         Average Price Per Square Foot     $71
·         Average Days on Market               66
These stats tell us that homes sold on a consistent and reasonable basis. Not quite what the media would have you believe is it?   
We are here to assure you that people are buying homes and they are selling for a fair and reasonable price!   Wylie remains one of the most affordable areas we review each month, there is a good supply of homes to choose from as well! 
The government tax credit has been extended and expanded – it is a GREAT time to buy a home! 
 
Posted by: Reechia Powell AT 12:21 pm   |  Permalink   |  0 Comments  |  Email
Monday, November 23 2009
Wylie continues to send mixed messages about the real estate sales – a significant decrease in days on market from July to September!! The average sold price has decreased slightly as it has in other areas we review; while the average price per square foot has remained steady. Wylie is a great place for sellers and buyers and we expect the market to stay consistent throughout the fall with the recent government tax credit changes.

For Wylie in September – Sold Properties:

74 homes sold
Average List Price $166,658
Average Sold Price $162,820
Average Price Per Sq Ft $73
Average Days on Market 55

October – Sold Properties

80 homes sold
Average List Price $188,038
Average Sold Price $180,154
Average Price Per Sq Ft $74
Average Days on Market 65


Click here to review July & August stats.
Posted by: Reechia Powell AT 07:00 am   |  Permalink   |  0 Comments  |  Email
Friday, September 25 2009
Wylie, TX Real Estate Stats
 
Wylie remains the most “confusing” area that we track. More homes sold in the “heart of the summer” (June & July) and the average sold price only differed by mere dollars, while the average days on market decreased by nearly 20 days (just like it did from May to June). August finds less homes sold and less days on the market but an increase in the average sold price.   Wylie remains a great area for buyers and sellers!!!!    
 
 
For Wylie in July – Sold Properties:
 
87 homes sold
Average List Price             $177,818
Average Sold Price            $171,853
Average Price Per Sq Ft     $70
Average Days on Market    101
 
 
August – Sold Properties:
 
61 homes sold
Average List Price             $184,794
Average Sold Price            $178,645
Average Price Per Sq Ft     $72
Average Days on Market    64
 
First time buyers – the clock is ticking and time is running out to take advantage of the $8,000 tax credit. Allen remains a great place to purchase your first home.  
 
 
 
 
 
Posted by: Debbi Mortus AT 10:10 am   |  Permalink   |  Email
Friday, August 14 2009
 While the economy continues to show signs of improvement and many housing markets are beginning to heat up, scores of would-be buyers are still waiting on the sidelines for further positive housing trends. But for first-time buyers, time is running short on the federal government's $8,000 tax credit.

Though the official expiration date of the credit is December 1, in reality on-the-fence buyers will need to make a decision one way or the other fairly soon. The reason: in order to qualify for the credit, the home purchase must close by December 1st. Merely having loan approval, an accepted offer or a signed contract won't be enough to qualify for the Housing and Economic Recovery Act.

Decision-Making Timeline - While each transaction is unique, closing a real estate deal is no speedy matter. On average, closing takes place 45 to 60 days after the date that the contract is signed. In order to meet the December 1st deadline, this would mean having a signing date in late September or early October. Those who consider the tax credit an important incentive but are still unsure about entering the market will need to make a decision one way or another before many more summer days pass.

To have any chance at finding a home and having an offer accepted by early October, buyers will want to wade into the home buying process right away. The immediate steps include making a final list of desired home attributes, scouting favorite neighborhoods and areas, starting the mortgage pre-approval process and beginning the home search process online.

Posted by: Debbi Mortus AT 04:35 pm   |  Permalink   |  0 Comments  |  Email
Monday, July 20 2009

Wylie is the hardest area to “figure out” since the average price per square foot doesn’t change but the days on the market dropped by nearly 20 days! And the average sold price decreased??? Bottom line, more homes sold so things are happening in the Wylie market!

For Wylie in May – Sold Properties:
66 homes sold
Average List Price $193,003
Average Sold Price $185,688
Average Price Per Sq Ft $70
Average Days on Market 101

June – Sold Properties
70 homes sold
Average List Price $178,723
Average Sold Price $171,845
Average Price Per Sq Ft $70
Average Days on Market 83

Give us a call and put our experience and knowledge to work for you!

Posted by: Reechia Powell AT 03:34 pm   |  Permalink   |  0 Comments  |  Email
Site Mailing List 

Reechia Powell

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

REALTORŪ



Site Map

TERMS OF USE - PRIVACY POLICY - CONTACT POLICY

Copyright© 2007-2009 Reechia Powell, REALTOR®, All Rights Reserved.
Reechia.com
 
 

Pro Step Marketing

 
 
Site Powered By
    prostepmarketing.com
    Online web site design

Real Estate Blog
Latest Posts
Archive