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Market Trends
Commentary Provided byLinda Gasaway Plano has a great reputation as a city, as a school district, as a medical community and as a buisness hub. |
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| Report Date | Fall 2009 | ||
| Nearest Metro Area | Dallas Fort Worth | ||
| Buyers’ or Sellers’ Market | Equal buyers and sellers | ||
| Average Time on Market | 60-90 days | ||
| Market Trend | Decreasing | ||
| Housing Inventory | Limited Supply | ||
| Average Home Price | $250,000 - View Graph Trend | ||
| Best Selling Price Range | $200,000 - $249,000 | ||
| Worst Selling Price Range | $1,000,000+ | ||
| Compared to Last Year | Down 5-10% | ||
| Prices As % of Asking Price | 90-95% | ||
| Multiple Offers? | Yes | ||
| Greatest Activity | Repeat Buyers | ||
| Buyer Activity for the past 90 days in West Plano is | Increasing | ||
| Seller Activity for the past 90 days in West Plano is | No Change | ||
| Is Financing Available For Qualified Buyers in West Plano? | Yes | ||
| Existing Home Prices for the past 90 days are | Decreasing | ||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 10-15% | ||
| Housing Hot Spots | Most cities within the Collin County area are considered | ||
| Reason to Buy/Sell | Job Growth | ||
| Average Sold Price | $250,000 - 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. Click here for full article... | |||
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CONNECT WITH A LOCAL PROFESSIONAL
Linda Gasaway
eHome Pro, LLC Fairview, Texas 972-740-7070 lindagasaway@agents.househunt.com Agent Home Page
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West Plano Local News
News for West Plano, TX - Friday July 10th, 2009 3:33pm
West Plano has always been the destination city for professional families. Many large corporations make their headquarters in Plano, including JCPenney, Dr. Pepper, Hewlett Packard, and on and on, not to mention the great hospitals and sought after schools.


