Panther Creek Estates Quarterly Market Report

by Mike Yeo on June 19, 2010

The storm has passed in Panther Creek Estates Frisco TX – 2nd Quarter Housing Market Report

Published June 15 2010 11:08pm

ATTENTION: The storm has passed at Panther Creek Estates in Frisco TX. If you are considering selling your home in Panther Creek Estates, call Loreena Yeo – the Panther Creek Estates Frisco TX Realtor(R) 214-783-2210 for an in-depth market analysis for your home.

Month # Sold Homes | Avg $/SF | Avg DOM Pending
January 1-31 4 | $73 | 72 4
February 1-28 5 | $66 | 55 4
March 1-31 5 | $71 | 56 4
April 1-30 6 | $70 | 32 4
May 1 -31 4 | $79 | 48 9
June 1-15 2 | $83 | 20 5

* Avg $/SF – Average Price per Square Feet

* Avg DOM – Average Days on Market (for the month)

Current housing market conditions at Panther Creek Estates
in Frisco TX:

There are 21 homes for sale at Panther Creek Estates in mid-June 2010. They range from $194,900 to $391,900.
For the first time in many months, the “lowest” priced home at Panther Creek
Estates
is  close to $200,000, unlike the past 18 months where bank
foreclosures or short sales result in selling the lower end homes around the
$150,000. Out of these 21 homes for sale at Panther Creek Estates, only
2 homes are offered for sale by Lenders (foreclosures). It is definitely a much
better sign in 2nd quarter 2010 than in the previous years.

Also, builders are beginning to re-build and sell at Panther Creek Estates
again, which means, they too feel that the worst at Panther Creek Estates
may be over. There is hope again for sellers at Panther Creek Estates to
sell their homes, which means buyers at Panther Creek Estates, get ready to pay
more than the great foreclosure prices they have been accustomed too.

It looks like the storm has passed at Panther Creek Estates. It only
took 2 years and the best is yet to come. If you are considering moving on,
contact

Loreena Yeo – the local Panther Creek Estates Frisco TX Realtor(R)
.

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