Frisco February 2022

REAL ESTATE

Snapshot of the market

Featured Neighborhood

COMPILED BY MATT PAYNE

MARKET DATA FOR DECEMBER

HOMES SOLDAVERAGE DAYS ON THEMARKET BY PRICE 75033 75034

75035

75036

380

$900,000 +

8/3

13/57

7/35

3/13

423

MCKINNEY

75033

$800,000-$899,999

6/54

5/28

5/10

2/8

75035

$700,000-$799,999

4/22

8/30

10/22

6/44

75036

121

75034

$600,000-$699,999

8/3

3/5

16/29

14/22

FRISCO

$500,000-$599,999

8/19

5/27

11/14

3/12

MATT PAYNECOMMUNITY IMPACT NEWSPAPER

PLANO

75

$400,000-$499,999

8/38

9/37

23/36

13/14

PRAIRIE VIEW This month’s featured neighborhood is Prairie View. The neighborhood is located west of Coit Road and north of Panther Creek Parkway. Build-out: 2015-current HOA dues: $780/year Home values: $522,000-$951,655 Square footage: 2,204-4,261 Median annual property taxes: $12,937 Median price per square foot: $204.08 Median days on the market: 4 Schools (Prosper ISD): Spradley Elementary School, Hays Middle School, Rock Hill High School Amenities: community pool, playground, greenbelt, park Nearby attractions: Future UNT campus, Stonebriar Centre mall, Gates of Prosper, Frisco Athletic Center

DNT

PGBT TOLL

$300,000-$399,999

4/98

4/23

10/14

8/14

$200,000-$299,999

-

1/2

-

1/3

Less than $199,999

-

-

-

-

NUMBER OF NEWLISTINGS 2020

MEDIAN PRICE OF HOMES SOLD WITHYEAROVERYEARPERCENTAGE CHANGE

2021

2020

2021

75033

75034

75035

75036

161 127

Frisco

+37.91%

$750,000

$700,000

+42.17%

+45.24%

211 170

$650,000

Plano

$600,000

+23.01%

$550,000

McKinney 172 181

$500,000

$450,000

$400,000

$0

NUMBER OF HOMES UNDER CONTRACT 2020 2021

PERCENT OF ASKING PRICE RECEIVED

2020

2021

WITHYEAROVERYEARCHANGE

PGA PKWY.

75033

75034

75035

75036

31 31 40 26 42 28 61 65

75033

108%

+5.4

PRAIRIE VIEW

106%

+3.9

+4.5

75034

104%

+1

102%

PANTHER CREEK PKWY.

N

75035

100%

98%

NEIGHBORHOOD DATA PROVIDED BY JEFF CHENEY, THE CHENEY GROUP 2145208200 JEFFCHENEYGROUP.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

Knowing how to write a winning offer is of utmost importance in this market. It isn’t just about the highest bid and there are many intricacies that sellers consider when comparing the details. If you are thinking about selling but unsure where you’ll go next, we are here to help find your ideal home and win your offer.

Give me a call if you’d like to discuss the 2022 real estate market!

Jeff Cheney, Owner, Broker Associate (214) 550-8200 Jeff@cheneygroup.com

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FRISCO EDITION • FEBRUARY 2022

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