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Kim Daugherty, McKinney REALTOR, TX Broker

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Collin County (Texas) Real Estate Statistics for May 2009 - Your Market Update

06-10-09
Kim Daugherty, McKinney REALTOR, TX Broker

"Schoooooolll's OUT. For. THE SUMMER!" The sun is bright, weather is toasty and the BUYERS ARE OUT! Low interest rates, the $8000 First Time Home Buyer Tax Credit and plenty of homes to choose from are all attracting potential home buyers! Let's look at how Collin County real estate market shook out for May 2009:

  • Allen: 399 sales (-27% from prior yr); Avg sales price $234,394 (-8% from prior yr); Avg Days on Market: 86 (0% from prior yr)
  • Frisco: 1024 sales (-11% from prior yr); Avg sales price $278,134 (-7% from prior yr); Avg Days on Market: 86 (-10% from prior yr)
  • McKinney: 631 sales (-24% from prior yr); Avg sales price $220,302 (0% from prior yr); Avg Days on Market: 84 (+4% from prior yr)
  • Plano: 1020 sales (-30% from prior yr); Avg sales price $258,076(-5% from prior yr); Avg Days on Market: 66 (-8% from prior yr)

What strikes me the most are the number of sales that are down across the board in double digits for each city - down from 11 to 30%! NONE of the cities showed an increase in the average sales price.

What does this mean for home sellers? I'll say it again this month. LISTEN UP: It's CRUCIAL to price your home accordingly!! The first 2 weeks on the market are the most crucial. With fewer sales on the books, and many more homes to choose from coming on the market as the selling season gets going, your home needs to be the cream of the crop! You also need to have a REALTOR with an agressive marketing campaign and dominant internet presence. When interviewing agents be sure to ask about this! Also ask how the new Appraisal law will impact how you price your home.

With all of this being said, DFW is still doing GREAT when compared to the rest of the nation! If you want more information about the Dallas or McKinney Real Estate market, go to www.TexasRealEstate.com. Each market is different - contact a REALTOR for information about YOUR area!

As always, remember, sellers have control of only TWO things:

  1. Price! Don't overprice - enough said.
  2. Condition! Consult a home stager...it's necessary.

Do you need a Collin County Realtor with an agressive international marketing strategy to get your home SOLD? Contact the Barron-Daugherty Team at d + b real estate today. Summer is here - call us for a NO-PRESSURE home market analysis today. 972-838-5394.

Search homes for sale in the Collin County real estate market.

5 Comments
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Collin County (Texas) Real Estate Statistics for April 2009 - Your Market Update

05-18-09
Kim Daugherty, McKinney REALTOR, TX Broker

Oh, how I LOVE this time of year! The sun is out, weather is getting warm and the BUYERS ARE OUT! Low interest rates, the $8,000 First Time Home Buyer Tax Credit and plenty of homes to choose from are all attracting potential home buyers! Let's look at how Collin County real estate market shook out for the April 2009. Here's a peek:

  • Allen: 308 sales (-26% from prior yr); Avg sales price $229.949 (-8% from prior yr); Avg Days on Market: 90 (-1% from prior yr)
  • Frisco: 778 sales (-9% from prior yr); Avg sales price $279,326 (-6% from prior yr); Avg Days on Market: 88 (-10% from prior yr)
  • McKinney: 468 sales (-24% from prior yr); Avg sales price $209,810 (-5% from prior yr); Avg Days on Market: 84 (-1% from prior yr)
  • Plano: 747 sales (-32% from prior yr); Avg sales price $261,590 (-4% from prior yr); Avg Days on Market: 70 (-7% from prior yr)

As we've seen in past months, the number of sales are down across the board in double digits with the exception of Frisco at -9%. Average days on market, however, saw a decrease in all 4 cities compared to 2008. NONE of the cities showed an increase in the average sales price.

What does this mean for home sellers? LISTEN UP: It's more important than ever to price your home accordingly!! The first 2 weeks on the market are the most crucial. With fewer sales on the books, and many more homes to choose from coming on the market as the selling season gets going, your home needs to be the cream of the crop! You also need to have a REALTOR with an agressive marketing campaign and dominant internet presence. When interviewing agents be sure to ask about this!

Here's the important thing, though. Although sales are down, DFW is still doing GREAT when compared to the rest of the nation! If you want more information about the Dallas or McKinney Real Estate market, go to www.TexasRealEstate.com. Each market is different - contact a REALTOR for information about YOUR area!

As always, remember, sellers have control of only TWO things:

  1. Price! Don't overprice - enough said.
  2. Condition! Consult a home stager...it's necessary.

Do you need a Collin County Realtor with an agressive international marketing strategy to get your home SOLD? Contact the Barron-Daugherty Team at d + b real estate today. Spring is almost here - call us for a NO-PRESSURE home market analysis today. 972-838-5394.

Search homes for sale in the Collin County real estate market.

1 Comment
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Looking for a Church in Allen, TX this Easter?

04-10-09
Kim Daugherty, McKinney REALTOR, TX Broker

Allen, TX Church Easter service

If you are new to Allen, TX and are looking for a place to celebrate the Easter holiday, then I would like to invite you to my home church - Cottonwood Creek Baptist Church in Allen, TX.

Located on the South side of Hwy 121 between Lake Forest and Stacy Rd, Cottonwood Creek offers a tremendous worship service, excellent children's programs and a special place to fellowship.

Enjoy this special weekend with your family and friends.

God Bless!

He is Risen!

He is Risen Indeed!

3 Comments
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McKinney, TX Easter Egg Hunt (2009) - THIS SATURDAY 4/11 - 11 a.m.

04-10-09
Kim Daugherty, McKinney REALTOR, TX Broker

easter egg hunt in mckinney,tx

Looking for a place to take the kids for an Easter Egg Hunt in McKinney, TX?

The City of McKinney Parks and Recreation Department will hold its annual Easter Egg-Stravaganza on Saturday, April 11.

The activities start at 11 a.m. at Al Ruschhaupt Soccer Complex, 1986 Park View Ave.

Families will enjoy a fun morning full of games, prizes, activities, entertainment and of course the Easter egg hunt.Last year the egg hunt was broken down by age groups which is great if you've got little ones! Nothing can ruin an Easter egg hunt like having your toddler run down by a 10 year old on a mission to collect each and every egg!

McKinney TX Easter Egg Hunt

The best part? The event is free to the public. Now you've got NO EXCUSES not to go!

For more info go to: www.mckinneytexas.org. Hope to see you there.

2 Comments
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Collin County Real Estate Statistics for March 2009

04-08-09
Kim Daugherty, McKinney REALTOR, TX Broker

Spring has sprung with North Texas Real Estate! The weather is warmer, then colder, then warmer again (hey, it's Texas), and trees have bloomed. The real estate market activity is coming to life too! Let's look at how Collin County real estate market shook out for the March 2009. Here's a peek:

  • Allen: 203 sales (-31% from prior yr); Avg sales price $224.427 (-10% from prior yr); Avg Days on Market: 93 (-3% from prior yr)
  • Frisco: 540 sales (-8% from prior yr); Avg sales price $27,283 (-8% from prior yr); Avg Days on Market: 90 (-13% from prior yr)
  • McKinney: 337 sales (-24% from prior yr); Avg sales price $202,320 (-8% from prior yr); Avg Days on Market: 83 (-9% from prior yr)
  • Plano: 530 sales (-32% from prior yr); Avg sales price $263,098 (0% from prior yr); Avg Days on Market: 72 (-9% from prior yr)

The number of sales, ONCE AGAIN, are down across the board in double digits. Average days on market, however, saw a decrease in all 4 cities compared to 2008. NONE of the cities showed an increase in the average sales price.

What does this mean for home sellers? LISTEN UP: It's more important than ever to price your home accordingly!! The first 2 weeks on the market are the most crucial. With fewer sales on the books, and many more homes to choose from coming on the market as the selling season gets going, your home needs to be the cream of the crop!

Here's the important thing, though. Although sales are down, DFW is doing GREAT when compared to the rest of the nation! If you want more information about the Dallas or McKinney Real Estate market, go to www.TexasRealEstate.com. Each market is different - contact a REALTOR for information about YOUR area!

As always, remember, sellers have control of only TWO things:

  1. Price! Don't overprice - enough said.
  2. Condition! Consult a home stager...it's necessary.

Do you need a Collin County Realtor with an agressive international marketing strategy to get your home SOLD? Contact the Barron-Daugherty Team at d + b real estate today. Spring is almost here - call us for a NO-PRESSURE home market analysis today. 972-838-5394.

Search homes for sale in the Collin County real estate market.

4 Comments