Written by Ronda Allen, C.P.M., Agent in Prosper August 27, 2009 12:59 PM Home Buying in Prosper

It could have gone either way at the top of the Summer, but the results are in and it appears the buying public likes what they see in Prosper. Running the sale comps and available inventory in Lakes of La Cima, we currently have 18 homes available and 17 homes sold since June 1st. Starting in the $230's and into the $600's, Lakes of La Cima is going head-to-head with new construction and still selling. That is very hard to do, and says a lot for the level of construction and upgrades that the homeowners put into phase one construction - well ahead of the recession of 2008.

Resale values have recovered nicely since last Summer, and there are only a few builder specs from 2008 still on the market. Be sure to run sale comps prior to offering on these homes. They may be remaining inventory, but the builders have them priced to sell.

As a resident Realtor of Prosper, I made a very smart investment in Lakes of La Cima in 2006 and can attest personally to the quality of the homes and the schools in our community.

Info on the Town of Prosper: www.prospertx.gov

Info on the School District: www.prosper-isd.net

Have a blessed day!
Ronda