North Dallas/Richardson/Plano Real Estate

Well, sales continue to fall. For February sales were off by 17% compared to a year ago. The average sales price was up by 11% and the median sales price was up by 4% but as in previous months this increase was caused by a higher than normal sales in the upper price ranges. The first-time buyers ...

While sales were not great they still were up by 3%. The trend of higher prices houses selling continues! The average sales price showed a decline of 17% but looking back to the sales that occurred in January of 2010 we find that there were several sales in excess of $650,000. when you take these...

Sales continue to remain slow in Richardson. Sales were down by 28% in January. The average sales price declined by 10% and the median sales price was off by 13%. The number of new listings declined by 5% while the number of active listings showed a 40% increase. The number of active listings is ...

I wish I had better news, but unfortunately sales declined by 11% in January. This is the eighth month in a row of sales declines and the lowest number of monthly sales in more than 5 years. The average sales price increased by 6% but as in past months this increase was caused by an increased num...

Sales were up by 8% in December! The average sales price fell by 31% but before you have a heart attack there is a reason for this decline. In December of 2009 there were 4 sales in the area above $1,000,000 and 1 of these sold for $4,000.000.  In December of 2010 there were no sales above $1,000...

Richardson went against the trend in December and sales were up by 28%. The average Sales price and the median sales price were both down by only 1%. The number of new listings declined by 13%. The active listings increased by 53% but it must be remembered that last year the number of active list...

Single family home sales were down by 6% in December. The average sales price was up by 14% while the median sales price was up by 7%. The first time buyer and the buyer of lower priced properties continue to be out of the market. The number of new listings were up slightly at a 1% increase. The ...

According to the Washington Examiner, the new tax bill passed by Congress will require owners of rental properties to send in 1099's starting in 2012 for anyone who did more than $600 worth of work at your rental properties. Below is a link to the article. http://washingtonexaminer.com/blogs/belt...

First time home buyers are very important to the Richardson market and they continue to be on the sidelines. Sales were off by 51% in November. The average sales price climbed by 11% due to the concentration of sales in the upper price ranges. The number of new listings grew by 2% while the numbe...

The Far North Dallas Area was one of the very few bright spots in November by going against the trend. Sales were up in this area by 15% and the average sales price was up by 5%. The median price was also up by 6%. The number of new listings increased by 9 percent while the number of active listi...