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Radhi Shah - West Plano Home - May 2018

Page 1

RADHI SHAH

RE/MAX DFW Associates 8100 N. Dallas Parkway Ste. 200 Plano, TX 75024

REALTOR®, ABR West Plano Neighbor

Each Office Independently Owned and Operated.

214-435-0771 radhishahteam@gmail.com www.MyWestPlanoHome.com

West Plano Homes May 2018 Real Estate Market Report

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.254.9619 | © 2018

WAITING CAN COST! HOW DOES WAITING AFFECT THE SALE OF YOUR HOME? Housing agencies predict that interest rates could reach new highs by the end of 2018, increasing the overall cost to purchase, thus greatly reducing the number of qualified buyers!

IF INTEREST RATES RISE FROM 4.44% TO 5.1%...

LOAN AMOUNT

INCREASED COST

$250,000

$35,841

$500,000

$71,682

$750,000

$107,522

$1,000,000

$143,364

Jonathan and Angela-Marie, Call 214-435-0771 to learn how my marketing will attract qualified buyers and allow you to purchase your next home before interest rates increase!

Visit www.MyWestPlanoHome.com for community information, current listings, and more.

Presented by Radhi Shah Your West Plano Real Estate Specialist & Neighbor

PREPARED ESPECIALLY FOR

Jonathan and Angela-Marie Williams Interest Rate as of March 15th, 2018 was 4.44%, Freddie Mac predicts a 5.1% interest rate throughout 2019.


Do You Know Your Home’s TRUE Value?

RADHI SHAH REALTOR®, ABR West Plano Neighbor

214-435-0771

Serving the Dallas-Fort Worth Area for Over 18 Years!

radhishahteam@gmail.com www.MyWestPlanoHome.com

West Plano Homes

CURRENT MARKET ACTIVITY

Homes Currently Listed in Your Area Address 5805 Greenwyck Drive

Subdivision Castlemere

www.MyWestPlanoHome.com

Real Estate Market Report

Jonathan and Angela-Marie, This market report was created especially for you. For a more in-depth comparative market analysis, contact me today at 214-435-0771.

Status Active

Jonathan and Angela-Marie, If you want to know what your home would sell for in today’s market, contact me today at 214-435-0771 and visit:

Bedrooms 5

Total Baths 4.0

Estimated Square Feet 3,969

Pool Y/N Yes

List Price $650,000

List Date 04/19/18

Active

5837 Misted Breeze Drive

Windhaven

4

3.1

3,238

No

$585,000

04/27/18

Active

5809 Yeary Road

Windhaven

4

4.0

3,919

Yes

$689,000

04/26/18

Active

5712 Cedar Grove Circle

Windhaven

5

4.1

4,366

Yes

$729,000

04/27/18

Homes Currently Pending in Your Area Estimated Bedrooms Total Baths Square Feet Pool Y/N 5 3.1 3,728 Yes

Status Contingent

Address 5641 Crowndale Drive

Subdivision Castlemere

Pending

Wight Street

Windhaven

4

3.1

3,662

Pending

5745 Yeary Road

Windhaven

4

3.0

Pending

5900 Valleybrook Drive

Windhaven

5

Pending

5728 Meadowhaven Drive

Windhaven

5

Active Pending Sold A visual representation of the data on the left.

List Price $625,000

List Date 04/12/18

Pending Date 04/13/18

or additional statistics,

Yes

$525,000

10/12/17

04/28/18

please contact me.

3,353

No

$565,000

02/28/18

04/16/18

4.1

3,413

Yes

$595,000

03/25/18

04/02/18

4.1

3,881

Yes

$674,900

03/23/18

04/02/18

For more information

©Google 2018

Homes Recently Sold in Your Area Status Address Sold 5929 Beth Drive

Estimated Total Baths Square Feet 4.0 3,552

Subdivision Castlemere

Bedrooms 4

Huntingdon Green

4

3.1

3,124

Pool Y/N Yes

List Price $582,500

List Date 02/17/18

Sold Date 03/12/18

Yes

$514,900

07/21/17

01/16/18

Sold

5917 Henley Drive

Sold

3709 Stonington Drive

Windhaven

4

3.1

3,261

No

$525,000

10/26/17

03/16/18

Sold

5905 Dorset Drive

Windhaven

5

5.2

3,839

Yes

$599,000

07/29/17

04/06/18

Sold

5732 Clarendon Drive

Windhaven

5

4.1

4,226

No

$690,000

02/22/18

04/27/18

Sold

5709 Arrow Point Drive

Windhaven

5

5.1

4,710

No

$710,000

02/09/18

04/13/18

Sold

5908 Johns Wood Drive

Windhaven

4

5.1

4,504

Yes

$799,900

03/01/18

04/27/18

CURRENT MARKET STATISTICS Average Active List Price

$663,250

Homes sold in the last 4 months received an average of 96.4% of their asking price. Radhi Shah, The RE/MAX Collection and RE/MAX DFW Associates are not in any way affiliated with any West Plano Home Owners Association, nor is this in any way an official advertisement or publication of West Plano. © 2018 RE/MAX. All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the NTREIS as of May 1st, 2018. Listings and sales may not be those of RE/MAX DFW Associates. NTREIS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.

Average Sold Price per Square Foot

$157

7

96%

71

Total Homes Recently Sold

Average Sold Price/List Price Ratio

Average Days on Market (Solds)


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