A blog about residential real estate in the Dallas area including Far North Dallas, Richardson, , Plano, Allen, McKinney, Frisco, Prosper, Celina Carrollton-Farmers Branch, Garland, and Wylie.
This is the fifth year in a row that Texas has gained more than 500,000 new residents from out of state and we anticipate that trend will continue in the coming years.”
The 2019 Walk to END Epilepsy is a family-friendly walk, reunion and rally event to help raise funds and awareness for children and adults living with epilepsy.
Dallas Area Residential Sales Report for February - Celina TX
Home buyers did not show up in Celina in February! Sales were off by 35%. The pending sales number declined 37%. March will not be a good month! The average sales price continued to increase up 7% while the median sales price showed a 13% rise. Looks like what did sell were the higher priced properties. New listings climbed 17%. Active listings jumped 71%. One must remember that last year at this time there were very few listings on the market. The months of inventory now stands at 5.9 months. You can not get any closer to the 6 months considered a balanced market.
Dallas Area Residential Sales Report for February - Prosper TX
The norther Dallas suburbs did not fair well for homes sales in February and Prosper was no exception. Homes sales fell 21%. Pending sales were even worse off 24%. The average sales price did eked out a 4% increase but the median sales price declined 4%. Kind of a wash. New listings dropped 9%. Active listings came in up 28% as homes remain on the market longer. The months of inventory hit 5.6 months, Getting very close to the 6 months considered a balanced market.
Dallas Area Residential Sales Report for February - Frisco TX
February was not a kind months to home sales in Frisco. Sales fell 25%. Och! Pending sales took a dive of 13%. Not looking good for March. The average sales price declined 4% while the median sales price was flat. New listings dropped 17%. not a help. The number of active listings increased 14% taking the months of inventory to 3 months. We are half way to a balanced market.
Sales recovered for a down January and were up 1% in February. Pending sales rose 4%. The average sales price fell 1% while the median sales price came in flat. New listings rose 9% and active listings jumped 25%. You do have to remember that this is a comparison to last February when active listings were low. The months of inventory increased to 3.8 months. We are still well short of the 6 months considered a Balanced market.
The sweet spot in the market continues to be the range between $200,000 to $400,000. This range represents about 53% of all sales. Below $200,000 the market is still challenged by low inventory.
From $400,000 to $900,000 the market saw single digit negative sales with months of inventory exceeding 6 months. In the $1,000,000 category sales are up 10% year to date but there is a 16.4 months supply and we are seeing substantial price reductions.
Dallas-Fort Worth will continue to be one of the hottest metropolitan areas in the country to live in 2019, according to a forecast released by commercial real estate services company Marcus & Millichap.
Whether you’re looking to sell your home or buy a new one, you need to be aware that an electrical inspection will be part of the process. The findings of this inspection can affect the price you pay or receive for the property.
Runners will race through the dusk aglow in glimmering LED lights and join other Fireflyers lighting up the night in a race to remember while supporting The Texas Scottish Rite Hospital for Children.
Photo courtesy of Dallas Arboretum & Botanical Garden
The theme for 2019 is “Life’s A Picnic,” and the festival will feature a larger-than-life picnic scene topiary comprised of a 40’x40’ picnic blanket, vase of flowers, picnic basket with pie, and a giant picnic ant.
Every Good Local Markets vendor grows or makes what they sell with no distributors, offering produce, artisanal foods and handcrafted goods, vegan and non-vegan all produced within 150 miles of Dallas
Dallas Area Residential Sales Report for February - McKinney TX
Homes sales were off by 8% in February and pending sales declined 9%. The average sales price fell 20% as did the median sales price. New listings dropped 3% and the active listings increased 28%. The months of inventory now stands at 2.9 months. We are still well short of the 6 months considered a balanced market.
Sales: 195
Average Sale Price: $345,182
Median Sales Price: $325,000
Pending Sales: 231
New Listings: 293
Active Listings: 719
Month of Inventory: 2.9
Dallas Area Residential Sales Report for February - Allen TX
Buyers were out in force in Allen during February. Home sales rose 16% as compared to last February. Pending sales were even better up 24%. Look like a good March! The average sales price declined 5% while the median sales price dropped 15%. New listings rose 29% and the active listings shot up 90%. You do have to remember that last year at this time the number of active listings were very low. The months of inventory is still tilted to the seller side with 2.7 months supply.
Dallas Area Residential Sales Report for February - Plano TX
February was not kind to Plano home sales. Sales fell 10%. Pending sales took a 21% hit. The average sales price declined 2% while the median sales price rose 1%. The number of new ;listings dropped 9% as compared to last February. Active listings increased 31%. The months of inventory came in at 2.1 months. With 6 months considered a balanced market you can see buyers are still having a hard time finding a home for their lifestyle.
It’s that time of year when bluebonnets sprout and give the fresh green grass a pop of color. You may be surprised, but Plano has several areas around the city that grow the state flower.
Some of these must-avoid bedroom designs are outdated, while others are just huge no-nos no matter what era you're in. Steer clear to keep your bedroom looking its best.
This is the fifth year in a row that Texas has gained more than 500,000 new residents from out of state and we anticipate that trend will continue in the coming years.”
While raising a credit score can't happen overnight, it is possible to raise your credit score within one to two months.
All eyes are on the spring market, which could determine the fate of both the stocks and the earnings of the biggest builders.
The event will begin with a parade from the Dallas Museum of Art on Flora Street to Klyde Warren Park, where the festival will continue until 8 pm.
If you would like to see some of the listings and solds in this neighborhood CLICK HERE
If you would like to see the some of the listings and solds in this neighborhood CLICK HERE
Expecting to recoup your money on that patio or master bedroom addition? Don't count on it.
If you would like to see some of the current listings and solds in this neighborhood CLICK HERE
Kitchen surfaces, especially countertops, need to be able to take hit after hit.
Dallas-Fort Worth will continue to be one of the hottest metropolitan areas in the country to live in 2019, according to a forecast released by commercial real estate services company Marcus & Millichap.
Whether you’re looking to sell your home or buy a new one, you need to be aware that an electrical inspection will be part of the process. The findings of this inspection can affect the price you pay or receive for the property.
Outdoor Movie at Bonnie Wenk Park
It’s that time of year when bluebonnets sprout and give the fresh green grass a pop of color. You may be surprised, but Plano has several areas around the city that grow the state flower.
While design is very much subjective, some people's choices objectively baffle the senses.
So, how do you make sure the changes you make won’t look dated in a few years?
Nearly 60 percent of millennial singles say that homeownership makes a potential mate a lot more attractive,
Some of these must-avoid bedroom designs are outdated, while others are just huge no-nos no matter what era you're in. Steer clear to keep your bedroom looking its best.
If you're a homeowner, you've probably heard and read plenty of home improvement advice. It just kind of comes with the territory, right?
Think of these as mortgage matchmaker sites, many of which are financially incentivized to link you with a lender.
Despite a period of weakness in the fall, new home sales ended the year with a small gain,
Renters are looking to leave New York, Chicago for Dallas. Start spreading the news. They’re leaving today…for North Texas
Firefly Run 5K/10K Photo courtesy of Yow Midia The Firefly Run is a cool, eye-dazzling, illuminated nighttime 5K/10K race.