As we look toward the New Year we wonder what will the real estate market do? Let’s first take a moment to reflect on the past 6 months. Often reviewing what we just finished helps us prepare for the future.
Single Family Home sales in
Plano, Texas were very consistent for the final half of 2009.
· Average List Price $266,889
· Average Sold Price $258,033
o 4% difference between list price and sold price!
· Average Price Per Square Foot $93
· Average Days on Market 60
These stats tell us that homes sold on a consistent and reasonable basis. Not quite what the media would have you believe is it?
We are here to assure you that people are buying homes and they are selling for a fair and reasonable price!
The government tax credit has been extended and expanded – it is a GREAT time to buy a home!