REAL ESTATE
Snapshot of the market
Featured neighborhood
COMPILED BY MATT PAYNE
MARKET DATA FOR MARCH
HOMES SOLD AVERAGE DAYS ON THE MARKET BY PRICE 75033 75034
75035
75036
$900,000 +
9/55
19/43
5/8
6/4
380
423
$800,000-$899,999
8/48
1/4
12/23
-
MCKINNEY
75033
$700,000-$799,999
8/25
8/12
18/32
5/6
75035
75036
SRT TOLL
MATT PAYNE COMMUNITY IMPACT NEWSPAPER
$600,000-$699,999
10/12
4/9
27/25
3/6
75034
CHEYENNE VILLAGE This month’s featured neighborhood is Cheyenne Village. The neighborhood is located east of Legacy Drive and south of Stonebrook Parkway. Build-out: 2002-2005 HOA dues : $560 annually Home values: $525,000-$780,000 Square footage: 2,725-4,159 Median annual property taxes: $13,628 Median price per square foot: $193.46 Median days on the market: 5 Schools (Frisco ISD): Allen Elementary School, Hunt Middle School, Frisco High School Amenities: greenbelt Nearby attractions: future Grand Park, The Star, Frisco Square, Lake Lewisville
$500,000-$599,999
10/5
8/8
19/6
2/17
75
FRISCO
$400,000-$499,999
5/17
5/34
17/16
14/8
PLANO
DNT TOLL
$300,000-$399,999
-
2/17
12/7
5/5
PGBT TOLL
$200,000-$299,999
-
1/9
-
-
N
Less than $199,999
-
-
-
-
NUMBER OF NEW LISTINGS 2021
MEDIAN PRICE OF HOMES SOLD WITH YEAR OVER YEAR PERCENTAGE CHANGE
2021
2022
2022
75033
75034
75035
75036
388 364
+21.89%
+48.15%
$900,000
Frisco
$800,000
+45.79%
$700,000
340 325
+35.9%
$600,000
Plano
$500,000
$400,000
McKinney 405 337
$300,000
$0
PERCENT OF ASKING PRICE RECEIVED
NUMBER OF HOMES UNDER CONTRACT 2021 2022
2021
2022
WITH YEAR OVER YEAR CHANGE
75033
75034
75035
75036
STONEBROOK HWY.
114%
DNT TOLL
+9.9
77 54 71 68 104 98 68 52
112%
+6.7
75033
CHEYENNE VILLAGE
+7.2
110%
LEBANON RD.
108%
+3.8
N
75034
106%
104% 102% 100%
75035
NEIGHBORHOOD DATA PROVIDED BY JEFF CHENEY, THE CHENEY GROUP 214 550 8200 JEFF CHENEYGROUP.COM
0%
75036
MARKET DATA PROVIDED BY THE COLLIN COUNTY ASSOCIATION OF REALTORS, COURTESY OF NORTH TEXAS REAL ESTATE INFORMATION SYSTEMS, NTREIS TRENDS ©2022 SHOWINGTIME
Summer is quickly approaching! Typically the busiest time of year for our industry, and we are seeing several new market trends in our real estate forecast. Reach out to us for the latest insights as to what is happening in this ever-changing real estate market!
Jeff Cheney, Owner Broker Associate (214) 550-8200 jeff@cheneygroup.com
31
FRISCO EDITION • MAY 2022
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