Plano TX – 75025 – Market Report – Nov 2011

As 2011 gives way to 2012, it’s time to take a look at the housing market in Plano, Texas, ZIP Code 75025. 

75025 is the north, central part of the city of Plano. It looks like a large letter L with State Highway 121 on the north, Coit Road on the west, Legacy on south. The south leg runs all the way to US 75, then north to Hedgcoxe, West to Custer, and north to meet with State Highway 121 again.

2011 appears to have been a very stable year for the area. Let’s look at three charts: median sales price, average days on market, and new listings. You can click on any of the graphs for larger views.

Median Sales Price

Median Sales Price Through November 2011 in 75025

The graphs are broken out into four price ranges. It’s been a flat year in the market for the lower three price ranges. Homes above $290k saw a 10.3 percent decrease in value. Overall home prices are down about 4.1 percent from this time in 2010.

Average Days On Market

Plano Texas 75025 Average Days on Market - Nov 2011

This chart really helps you to understand why the median sales price was down for home above $290k. The average days on market for these homes spiked to almost 330 days in the spring of 2011. The good news is the market was finally able to absorb the inventory and the days on market settled back down.

New Listings

New Listings Through November 2011 in 75025

The decrease in new listings has been one of the primary reasons the housing market in 75025 has remained relatively stable. While demand is down, the supply of new listings is down as well. The lack of an over-supply of housing has been a good thing for homeowners.

We have access to data for the entire Dallas Fort Worth Metroplex. Please contact us at 214-705-2470 if you have questions or need additional information.

 Tom Branch, Broker, CDPE, SFR

Source: NTREIS on December 27, 2011

Price Increase at The Enclaves at Willow Crest

Enclaves at Willow Crest Townhomes

CB JENI Homes, the builder of The Enclaves at Willow Crest, has announced a price increase on all townhomes effective January 1, 2012. The base price of all floorplans will go up by $3,000.

Home currently under contract will not be impacted and any contracts executed prior to January 1st will also receive the old pricing.

See all Townhomes for Sale in The Enclave at Willow Crest.

Contact us at 214-227-6626 for more information on builder incentives or to schedule private showings.

Photo Copyright 2011 Imaged2Sell

 


New Home Rebate

Purchase a new home through us and we'll help you with your closing costs! We'll give you a credit of 1.5% of the price of the home at closing to use towards your closing costs.

Click here for our New Home Rebates page.

Plano TX Home For Sale 3925 Sagamore Hill

3925 Sagamore Hill Front

A rare opportunity! This single-level custom home with pool and spa has 4 bedrooms, 3 bathrooms, 2916 square feet of living space (per tax) and a three-car garage. This home sits on a quiet cul-de-sac in sought-after Estates of Forest Creek. Click on photos for larger views.

3925 Sagamore Hill Living Room

The main living room is light and bright. Plantation shutters cover the wall of windows that let in plenty of natural light. The centerpiece of the room is the wood-burning fireplace with gas logs.

3925 Sagamore Hill Kitchen

The gourmet kitchen is a cook’s delight. Notice the Brazilian cherry hardwood floors (this flooring continues through most of the main living areas of the home). There is plenty of storage space and the granite countertops compliment the custom cabinets. There is a smooth cook top, double ovens, dishwasher, microwave, and a trash compactor.

3925 Sagamore Hill Master Suite

The master suite is located at the back of the home and split away from the secondary bedrooms and the guest suite. The room has Brazilian cherry flooring, plantation shutters, and a double trey ceiling. The suite overlooks the backyard pool and there is access to the pool & spa area.

3925 Sagamore Hill Master Bath

The oversized master bathroom has everything! There are dual vanities, double-sized shower,  jetted tub, and a huge walk-in closet. A skylight lets in natural light.

3925 Sagamore Hill Pool and Back Yard

Imagine yourself enjoy sunmer afternoons relaxing in the pool or slipping into the spa and letting the swirling water wash away a hard day at work. The covered back patio is perfect for entertaining.

More details, current pricing, photos, virtual tour, and status

Video Tour of 3925 Sagamore Hill Ct in Plano, TX

Please contact us at 214-227-6626 for more information or to schedule private showings.

Source: NTREIS | Photos and Video Copyright 2011 Imaged2Sell

Plano Texas Townhomes For Sale

Enclaves at Willow Crest Townhomes

Over the past 10 years or so we’ve seen townhomes make a comeback in the greater North Dallas area. Currently there are a number of new townhome communities being developed. Townhomes make a good choice for those buyers wanting a low-maintenance lifestyle. Typically, the HOA takes care of all exterior maintenance and lawn care. Townhomes are usually multi-story although we’re seeing at least one builder who builds a single-level townhomes.

If you need more information or want to know more about townhome living, contact us at 214-705-2470.

Photo: Copyright Imaged2Sell

The Enclaves at Willow Crest Selling Fast

CB JENI Homes The Enclaves at Willow Crest Townhomes

I was out staffing the on-site sales office at The Enclaves at Willow Crest this weekend. Wendy Leigh, the super on-site sales consultant, was enjoying a few well-deserved days off.

These new-construction townhomes are selling quickly. As I looked at the board, I saw that there is only one completed townhome available and half of the units in the next building are already sold.

The good news is the builder is pouring the foundation for the latest building this month.

If location is your main concern, look no further than The Enclaves at Willow Crest, conveniently located just east of the Dallas North Tollway and south of 121. The world is at your fingertips. Endless shopping opportunities, professional sports venues, fine dining, nearby golf courses and more!

With the end of year approaching this is a good time to shop for new construction homes. Builders are trying to wrap up their year and get the remaining inventory under contract.

Have questions or need more information? Contact us at 214-705-2470.

 Tom Branch, Broker, CDPE, SFR


New Home Rebate

Purchase a new home through us and we'll help you with your closing costs! We'll give you a credit of 1.5% of the price of the home at closing to use towards your closing costs.

Click here for our New Home Rebates page.

Plano TX Townhome For Lease 8619 Naomi

8619 Naomi - Townhome

This Plano TX townhouse located at 8169 Naomi is available for lease. The 1961 square foot Sonoma sports 3 bedrooms, 2.5 baths, a study, and a formal dining room. Located in North Plano, it offers easy access to shopping, dining, entertainment, and recreational facilities. Click any of the photos for larger views.

8619 Naomi - Gourmet Kitchen

Check out the gourmet kitchen complete with granite counters, gas cook top, large pantry, and stainless steel appliances. Imagine yourself enjoying a morning meal at the breakfast bar or taking your coffee out in the private patio.

8619 Naomi - Living Room

Check out the main living area. The wall of windows lets in lots of natural light and overlooks the private patio.

8619 Naomi - Office

Wow! This townhome has plenty of space including a separate study with French doors.

8619 Naomi - Formal Dining

Like to entertain? This home has three dining areas including a formal dining room.

 8619 Naomi - Master Bedroom

The oversized master suite has room for a king-sized bed with plenty left over. The double doors lead to the master bath.

8619 Naomi - Master Bath

The master bath has dual sinks mounted under a granite counter top, a garden tub, separate shower, and a large walk-in closet.

Click to see all the details on this Plano TX Townhome For Lease.

Contact The Branch Team at 214-227-6626 to schedule showings or for more information.

Source: NTREIS | Photos: Copyright 2011 Imaged2Sell

Plano Texas Townhomes For Sale

Enclaves at Willow Crest Townhomes

Looking for townhomes in Plano? You’re in luck! Over the past few years we’ve seen a number of townhome communities pop up in Plano. Many of them are located close to work, shopping, or transportation hubs.

Townhomes offer ownership with low maintenance. In most townhome communities, the HOA takes care of the yards, exterior maintenance, and even insures the building with a blanket insurance policy.

If you have questions about townhomes or Plano TX real estate, please contact us.

Photo: Copyright 2010 – Imaged2Sell