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Frisco, TX Real Estate Market - July's numbers in Review!

by Christie Cannon

 

 
July Numbers from MetroTex for Frisco's home stats are below!

The take-away
- Price up from last year about 2%. 
- # of homes sold down about 9%. 
- # of homes listed for sale down 

July 2016 
•318 – Homes sold, down 9.4 percent from July 2015.
•$383,500 – Median sales price for homes, 2.3 percent higher than July 2015.
•$424,829 – Average sales price for homes, a 5.3 percent increase.
•3.3 – Monthly housing inventory estimate.
•36 – Average number of days homes spent on the market in July 2016.
•853 – Active home listings on the market in July 2016.

Year-to-Date Market Snapshot
•1823 – Homes sold, 0.9 percent lower than the same time frame in 2015.
•$776,513,998 – Total dollar volume of sales in Frisco, a 4.4 percent increase over 2015.
•$387,500 – Median sales price for homes, a 5.9 percent increase.
•$425,954 – Average sales price for homes, a 5.3 percent increase.
•41 – Average number of days homes spent on the market.
•685 – Average monthly active home listings.

 

Have Questions about your community or your home?  Please give me a call!

Christie Cannon  REALTOR

The Christie Cannon Team

Keller Williams Realty Frisco 

469.951.9588: Mobile

972.215.7747: Office

www.christiecannon.com

  

Voted as one of the BEST Realtors in D Magazine for 2010-2016

Voted as a Five Star Professional 2012-2016 Texas Monthly Magazine

Name among America's Best Real Estate Agents by Real Trends Magazine

Certified Luxury Home Marketing Specialist

#1 Keller Williams Agent 2011-2015

Top 100 Agents in the Nation / KW

Frisco Facts at a Glance!

by Christie Cannon

Frisco Fast Facts & Stats

 

  • Land square miles - 70.2
  • Land Developed - 62%
  • Growth Rate 2000 – 2014 - 307%
  • Population 7.01.2016 - 156,320
  • Population 2000 Census - 33,714
  • Population Build Out - 375,000+
Residential Demographics Average
  • Age - 36.1
  • Households w/children 17 & younger - 32.9%
  • Median Household Income - $115,603
  • Average SF Home Appraisal - $359,924
  • Median Monthly Mortgage - $2,187
Workforce
  • Residents 25+ w/Bachelor’s or Grad Degree - 60.2%
  • Workforce Estimate - 75,633
  • Unemployment - 2.9%
Frisco Independent School District
  • Enrollment 5.2.2016 - 53,806
  • Projected Enrollment 2020 - 65,848
  • High Schools - 8
  • Number of Schools - 64

Christie Cannon awarded 5-Star Real Estate Agent Award

by Christie Cannon

Christie Cannon & The Christie Cannon Team was recently awarded

The Five Star Real Estate Agent Award & featured in Texas Monthly magazine.

Thank you for all your support!

For 13 years the Five Star program has conducted market research in 45 markets in order to identify excellent service professionals. Homebuyers & sellers are surveyed and asked to evaluate with whom they have worked.  Judged on 10 criteria, these nominations are then elegible for the award.  The Christie Cannon Team is thrilled to announce that we have been blessed to receive this award for the 5th year in a row!

Additional info on the award can be found here!

Thank you again for the opportunity to serve you & for your continued support!

Christie Cannon  REALTOR

The Christie Cannon Team

Keller Williams Frisco TX

469.951.9588: Mobile

972.215.7747: Office


Voted as one of the BEST Realtors in D Magazine for 2010-2016

Voted as a Five Star Professional 2012-2016 Texas Monthly Magazine

Name among America's Best Real Estate Agents by Real Trends Magazine

Certified Luxury Home Marketing Specialist

Global Property Specialist

#1 Keller Williams Agent 2011-2015

Top 100 Agents in the Nation / KW

 


The Impact of Interest Rates!

by Christie Cannon

For most home buyers, a mortgage is a reality.  When it comes to purchasing with-in a buyer's set budget, understanding your interest rate is a critical factor in affordability!

Dallas Home Price Increases Far Outpace the US

by Christie Cannon

While many have reported the record gains that DFW has seen over the last 5-years have started to slow in their pace of increase, affordability continues to be a real problem for low-to-medium income households.  

Our record increases are easily reflected in the latest S&P/Case Shiller Index.  With local home prices up over 8.4%, Dallas' increase is almost twice that of the national average of 4.4%.  According to the Case Shiller Index, North Texas' record levels are almost 20% higher than our "peak" market in 2007!  While many of the economic fundamentals of the North Texas economy remain strong, many in our market are starting to grow weary of the increasing affordability gap. Despite Dallas being among the top three increases in the nation, many experts still consider the North Texas market a bargain compared to many other market areas around the nation. However, we are already starting to see signs of buyers (especially those that are long term residents) growing fatigued with rising sale prices compared to North Texas' more modest historic gains.

 

CHRISTIE CANNON  REALTOR

The Christie Cannon Team

Keller Williams Realty Frisco

469-951-9588: Mobile

 

Voted as one of the BEST Realtors in D Magazine for 2010-2016

Voted as a Five Star Professional 2012-2016 Texas Monthly Magazine

Name among America's Best Real Estate Agents by Real Trends Magazine

Among the top 250 Real Estate Teams in America as seen in The Wall Street Journal

Certified Luxury Home Marketing Specialist

Gobal Property Specialist

#1 Keller Williams Agent 2011-2015

Top 100 Agents in the Nation / KW

 


DFW's Housing Prices Continue Rise Despite Some Softening

by Christie Cannon

Case-Shiller posted their Home Price Indices today. Overall, the 20-city composite reflected a .09% gain in May & a 5.2% gain for the last 12 months. According to Case-Shiller, home prices when seasonally adjusted fell by .1% in May. 

DFW had a 9% increase in the last year & a 1.3% increase for both May/April & April/March. Seasonally adjusted, these numbers fall to May/April at .5% and April/March at .1%.

In a recent article on the Dallas Business JournalCandace Carlisle reports that over the last 5 years North Texas home prices have climbed a whopping 43%! As Carlisle reports, the affordability issue continues to create struggles for the DFW market.  You can read the full article here!

For more information regarding your local market, please feel free to give us a call!

Christie Cannon  REALTOR

The Christie Cannon Team

Keller Williams Frisco TX

469.951.9588: Mobile

972.215.7747: Office


Voted as one of the BEST Realtors in D Magazine for 2010-2016

Voted as a Five Star Professional 2012-2016 Texas Monthly Magazine

Name among America's Best Real Estate Agents by Real Trends Magazine

Certified Luxury Home Marketing Specialist

Global Property Specialist

#1 Keller Williams Agent 2011-2015

Top 100 Agents in the Nation / KW

 


Christie Cannon chosen among D Magazine Best Real Estate Agents

by Christie Cannon

Christie Cannon & The Christie Cannon Team of KW Frisco named by

 Magazine for the Best Real Estate Agent list in 2016.  

Thank you to our amazing clients, colleagues, & outstanding staff!

Christie Cannon & Kevin Cannon were also chosen as a  D Magazine Top Residential Real Estate Producers.

We owe a special "thank you" to the Real Estate Community for their recognition, our dedicated staff and agents, & most importantly, to our clients for their confidence & support.  

 "As a full-time Real Estate agent I truly enjoy providing an exceptional, five star service to my clients. I have been in the industry for 15 years and have an extensive knowledge of the real estate industry. A lot of people have asked what my secret to success has been over the years and there is no "real" secret....it's just providing an outstanding level of service. I believe in offering consultation and assistance beyond just the sale of a home.

 I have been fortunate enough to have been blessed with the most amazing team that helps me meet the needs of each of our clients on an individual level. With the help of my team, I can quickly respond to the needs of each of our clients above and beyond just the sale of each home. This high level of service creates a constant communication with clients to keep them up to date on the status of their transaction so I never leave someone wondering. I want to make sure you are completely satisfied throughout your entire transaction and then become your real estate agent for life!

I look forward to hearing from you and assisting you with all of your real estate needs!”

Christie Cannon's Magazine article can be viewed here at Magazine.

Thank you so much for the support!

Christie Cannon  REALTOR

The Christie Cannon Team

Keller Williams Frisco TX

469.951.9588: Mobile

972.215.7747: Office


Voted as one of the BEST Realtors in D Magazine for 2010-2016

Voted as a Five Star Professional 2012-2016 Texas Monthly Magazine

Name among America's Best Real Estate Agents by Real Trends Magazine

Certified Luxury Home Marketing Specialist

Global Property Specialist

#1 Keller Williams Agent 2011-2015

Top 100 Agents in the Nation / KW



What is coming to 380 & 423?

by Christie Cannon

So sales counselors Jeff Cook & Charles Durrenberger of Highland Homes / Horizon Homes at Arrowbrook in Aubrey were kind enough to share with us this rendering of some of the upcoming development at 380 & 423!

We seen some of the past reporting & rumblings, but this rendering offers us a great picture of what may come!

For a full size rendering that you can zoom, please click here!

 

 

CHRISTIE CANNON  REALTOR

The Christie Cannon Team

Keller Williams Frisco

469.951.9588: Mobile

www.ChristieCannon.com

 

 

Green Meadows in Celina TX

by Christie Cannon

Celina TX's explosive growth is expected to continue well past 2016 with one of their latest large master planned communities with Green Meadows.  This latest 1,400 acre community by Tomlin Investments is expected to be over 4,500 single-family homes once completed.  Amenities are planned to include multiple swimming pools, community gardens, dog park, playgrounds, walking trails, sand lot volleyball courts, a massive outdoor grilling area with a fire pit, a $4.5m amenity center, and even an in-community day-care (expected to arriving in phase III). 

Dallas Morning News reported the developer as expecting to be approximately 90 days from starting.  Dan Tomlim (of Tomlin Investments) offered to Steve Brown of DMN that while builders have not yet been expected, they are forecasting a target starting price of about $350K.  

The community boasts a premium location approximately 10 miles north of 121 fronting Legacy Rd, just west of the Tollway & south of the expanding Collin County Outer-Loop. 

Additional concept plans can be found here!


CHRISTIE CANNON  REALTOR

The Christie Cannon Team

Keller Williams Frisco

469.951.9588: Mobile

www.ChristieCannon.com

 

Voted as one of the BEST Realtors in D Magazine for 2010-2016

Voted as a Five Star Professional 2012-2016 Texas Monthly Magazine

Name among America's Best Real Estate Agents by Real Trends Magazine

Certified Luxury Home Marketing Specialist

#1 Keller Williams Agent 2011-2015

Top 100 Agents in the Nation / KW

Looking for Things to do in Dallas?

by Christie Cannon

So the weekend is upon you & you have no plans!  Fear not & check out this cool list from TheCoolestStuffinTexas.com

From Dallas staples like the Dallas World Aquarium to classics like Keller's Drive-in, this list is great!

You can find the entire list by clicking here!

 

CHRISTIE CANNON  REALTOR

The Christie Cannon Team

Keller Williams Frisco

469-951-9588: Mobile

 

Voted as one of the BEST Realtors in D Magazine for 2010-2016

Voted as a Five Star Professional 2012-2016 Texas Monthly Magazine

Name among America's Best Real Estate Agents by Real Trends Magazine

Certified Luxury Home Marketing Specialist

#1 Keller Williams Agent 2011-2015

Top 100 Agents in the Nation / KW


 

 

Displaying blog entries 131-140 of 276

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Photo of Christie Cannon Real Estate
Christie Cannon
Keller Williams Realty
5933 Preston Road #300
Frisco TX 75034
972-215-7747
Fax: 972-215-7748
Keller Williams Frisco - The Christie Cannon Team - http://www.christiecannon.com