Plano, TX Real Estate News

By Amanda Thomas, ​Broker, SRES®, BPOR, MCNE, ​Certified DRS Agent™
(Providence Group Realty)
Plano residents are aflutter with excitement following Texas Senator, Van Taylor's, progress toward barring cities from imposing bans on backyard chickens in suburban communities. Senate Bill 1620 has passed with flying colors, and -- no joke -- looks to be carried forward into the House by none other than Representative Linda Koop.The growing trend for small-scale urban self-sustainability is making an impact in local neighborhoods across Collin County, TX and the Dallas / Forth Worth Metroplex. From conservation and upcycling interests, to community gardens and the adoption of homesteading techniques (e.g., rain barrels, compost bins, worm farms, home gardening and raising backyard fowl), citizens are learning more ways to become involved with where and how their food is cultivated an...
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By Richard Woodward NMLS#217454, Service Beyond Expectations! Your Texas Lender
(Nexa Mortgage, NMLS #1660690)
Fannie Mae launched a new First Time Home Buyers program called HomeReady designed to encourage home ownership. For those clients looking for larger properties or that have higher credit scores, HomeReady is an excellent choice. As a home buyer, our team will provide you with all the tools and a customized analysis to ensure you are getting the best loan program at competitive rates to suit your needs. We are dedicated to you – the home buyer – and to the principle that all transactions should be on time and as agreed.™There are many benefits for a borrower using HomeReady mortgages. Besides that it is accessible and the financing is practical here are a few more borrower benefits: There is a low down payment. The down payment is only 3% for loans up to $424,100 in Mckinney Texas and al...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
 Plano Texas Veterans Loans is the best loan program in Texas!   Designed for both active duty military and honorable discharged Veterans, VA MORTGAGE LOANS are one of the best mortgage loanPROGRAMS available today.   Here are some of the great features of this fantastic program:  - Up to 100% FINANCING, with no down required.  - No monthly MORTGAGE insurance.  - Easier credit qualifying compared to other types of MORTGAGE LOANS.- VA Mortgage Rates are low compared to other types of HOME LOANS.   So how do you qualify for Plano Texas Veterans Loans?  First of all, you must VERIFY YOUR eligibility. This is done by ordering your Certificate of Eligibility or COE. You can work with an approved Texas VA MORTGAGE LOAN  lendertoORDER your COE quickly, or you can contact the VA to obtain a cop...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
January 2017 Real Estate Market Summary for Plano, TX (MLS Area 20)   Month Year to Date   2017 2016 % Change 2017 2016 % Change New Listings 296 349 17.9 296 349 17.9 Closed Sales (Reported) 216 180 -16.7 216 180 -16.7 Closed Sales (Projected) 216 202 -6.4 216 202 -6.4 Listings Under Contract 274 285 4.0 274 285 4.0 Average Sales Price $325,707 $366,196 12.4 $325,707 $366,196 12.4 Median Sales Price $283,750 $323,000 13.8 $283,750 $323,000 13.8 Percent of Original Price Received 97.3 97.1 -0.2 97.3 97.1 -0.2 Days on Market Until Sale 43 48 11.5 43 48 11.5 Inventory of Homes for Sale 390 451 15.6       Months Supply of Inventory 1.2 1.4 20.0       In January 2017 the number of home sales was lower 16.7% compared to last year, with 180 home sales total this month. Properties sold year t...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
December 2016 Real Estate Market Summary for Plano, TX (MLS Area 20)   Month Year to Date   2016 2015 % Change 2016 2015 % Change New Listings 226 185 -18.1 4786 4705 -1.7 Closed Sales (Reported) 312 291 -6.7 3880 3789 -2.3 Closed Sales (Projected) 312 327 4.8 3880 3825 -1.4 Listings Under Contract 210 190 -9.5 3942 3743 -5.0 Average Sales Price $319,353 $369,955 15.8 $338,336 $358,592 6.0 Median Sales Price $293,500 $332,875 13.4 $290,000 $315,000 8.6 Percent of Original Price Received 98.0 97.0 -1.0 99.0 98.5 -0.5 Days on Market Until Sale 35 38 8.6 27 29 7.4 Inventory of Homes for Sale 420 459 9.3       Months Supply of Inventory 1.3 1.5 11.9       In December 2016 the number of property sales saw a dip of 6.7% from December 2015, with 291 sold total. There was a decrease of 2.3% in...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
In the Cross Creek subdivision, the city of Plano, there have been 74 homes sold during 2015. The age range of the homes sold is in between the years 2005 and 2013. A home in the Cross Creek subdivision sold at $216,484 on average, the lowest selling price at $138,900, and the highest at $382,850.Click Here for the full report. Plano Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Home sales in the Chase Oaks Village subdivision in Plano have reached 12 homes sold for 2015. The age range of these homes is in between 1979 and 1984. The Chase Oaks Village subdivision homes have an average price of $214,325. The lowest sales price was $202,900, and the highest was $228,400.Click Here for the full report. Plano Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
In the Briarmeade subdivision, Plano, there have been 20 houses sold in 2015. The age range of the homes sold is between the years Year Built and 1979. A home in the Briarmeade subdivision went for $303,774 on average. The lowest sales price was $237,000, and the highest was $350,000.Click Here for the full report. Plano Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
The Deerfield subdivision housing sales have reached a total of 44 homes in 2015. The age range of these homes is in between 1981 and 1997. The Deerfield subdivision homes have an average sales price of $447,466, the lowest sales price at $265,000, and the highest at $590,000.Click Here for the full report. Plano Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
There have been 12 houses sold in the Forest Creek Estates subdivision in Plano Texas. The homes sold were made in between 1985 and 2006. The Forest Creek Estates subdivision houses have an average selling price of $382,129, the lowest sales price at $310,000, and the highest at $480,000.Click Here for the full report. Plano Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
There have been 64 houses sold in the Forest Creek subdivision in Plano Texas. The age range of the homes sold is between 2006 and 2011. The Forest Creek subdivision homes have an average selling price of $457,552. The lowest sales price was $161,000, and the highest was $1,065,000.Click Here for the full report. Plano Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Home sales in the Gleneagles subdivision in Plano Texas have reached 13 homes sold for 2015. The age range of these homes is in between the years 1984 and 1987. The Gleneagles subdivision houses have an average selling price of $776,908. The lowest selling price was $555,000, and the highest was $1,685,000.Click Here for the full report. Plano Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
The Hunters Glen subdivision housing sales have reached a total of 103 houses in 2015. The houses sold were built between the years 1979 and 2007. The average home sale in the Hunters Glen subdivision was $314,975. The lowest price was $228,000, and the highest was $530,000.Click Here for the full report. Plano Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
The Hunters Landing subdivision home sales have reached a total of 18 homes during 2015. The houses sold were made in between 1976 and 1997. A house in the Hunters Landing subdivision sold for $288,950 on average. The lowest sales price was $215,000, and the highest was $407,900.Click Here for the full report. Plano Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
The Hunters Ridge subdivision housing sales are at a total of 33 houses in 2015. The age range of the homes sold is in between the years 1992 and 1997. The average housing sale in Hunters Ridge was $254,321. The lowest sales price was $194,000, and the highest was $377,500.Click Here for the full report. Plano Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
The Lakeside On Preston subdivision housing sales are at a total of 40 homes during 2015. The homes sold were constructed in between 1984 and 1992. The average sales price for a house in Lakeside On Preston was $955,310. The lowest sales price was $420,000, and the highest was $1,900,000.Click Here for the full report. Plano Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
In the Old Shepard Place subdivision, Plano Texas, there have been 30 houses sold in 2015. The age range of these houses is in between 1976 and 2009. The average housing sale in Old Shepard Place was $443,878, the lowest sales price at $229,995, and the highest at $790,000.Click Here for the full report. Plano Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
There have been 69 homes sold in the Los Rios subdivision in the city of Plano. These homes were constructed in between the years 1993 and 2006. The average selling price for a house in Los Rios was $225,865. The lowest price was $128,850, and the highest was $320,000.Click Here for the full report. Plano Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
In the Parker Road Estates West subdivision, the city of Plano, there have been 44 homes sold this year. The age range of these homes is in between 1981 and 1993. The average price for a home in the Parker Road Estates West subdivision was $223,120. The lowest sales price was $160,000, and the highest was $299,000.Click Here for the full report. Plano Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
Housing sales in the Pasquinellis Willow Crest subdivision in Plano are at 15 houses sold for 2015. The age range of the houses sold is in between the years 1986 and 2010. The average sales price for a house in the Pasquinellis Willow Crest subdivision was $311,867. The lowest selling price was $247,500, and the highest was $410,000.Click Here for the full report. Plano Texas Real Estate Reports Register online for monthly updates on your city and neighborhood homes information, automatically emailed to you.  
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