Prosper and Little Elm Real Estate Market Conditions & Reports, Prosper and Little Elm Market Trends, Texas

Market Commentary Provided by Jon Callaway
If you can qualify, now is an exceptional time to buy a home in Prosper and Little Elm. Low rates with falling home prices makes a home purchase a great value! Foreclosures, short sales and builder spec inventory can be great opportunity for the buyer who wants to position themselves for a great future equity appreciation opportunity. New commercial, retail and master planned communities are poised for next growth explosion for Prosper and Little Elm, Texas. Call now for more information at 214-632-6189

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Jon Callaway
Keller Williams Realty
Dallas, Texas
214-632-6189
joncallaway@kw.com
Agent Home Page

Nearest Metro Area

Frisco

Buyers’ or Sellers’ Market

More sellers than buyers

Average Time on Market

60-90 days

Market Trend

Decreasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$300,000 - View Graph Trend

Best Selling Price Range

$200,000 - $249,000

Worst Selling Price Range

$750,000 - $799,000

Compared to Last Year

Down 0-5%

Prices As % of Asking Price

90-95%

Multiple Offers?

Multiple Offers Commentary

Well priced and well maintained homes are selling in Prosper and Little Elm

Greatest Activity

Repeat Buyers

Buyer Activity for the past 90 days in Prosper and Little Elm is

Increasing

Seller Activity for the past 90 days in Prosper and Little Elm is

No Change

Is Financing Available For Qualified Buyers in Prosper and Little Elm?

Yes

Existing Home Prices for the past 90 days are

No Change

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

5-10%

Housing Hot Spots

Trails od Prosper, Preston Lakes and Willow Ridge

Reason to Buy/Sell

Population Growth

Average Sold Price

$300,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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