Frisco | July 2022

REAL ESTATE UPDATES

Snapshot of the market

2022 REAL ESTATE EDITION

Featured Neighborhood

MARKET DATA FOR MAY

COMPILED BY MIRANDA JAIMES

HOMES SOLDAVERAGE DAYS ON THE MARKET BY PRICE 75033 75034

75035

75036

380

$900,000 +

14/27

18/16

13/11

8/12

423

MCKINNEY

75033

$800,000-$899,999

7/59

4/5

15/37

8/6

75035

$700,000-$799,999

9/7

10/6

12/33

6/8

75036

SRT TOLL

75034

$600,000-$699,999

13/7

6/4

19/13

6/4

75

FRISCO

MIRANDA JAIMESCOMMUNITY IMPACT NEWSPAPER

$500,000-$599,999

13/28

8/19

22/17

9/6

PLANO

PLANTATION ESTATES This month’s featured neighborhood is Plantation Estates. The neighborhood is located at the northwest corner of Coit Road and College Parkway. Build-out: 1999 HOA dues: $175/quarterly Home values: $340,000-$555,000 Square footage: 1,761-3,640 Median annual property taxes: $8,697 Median price per square foot: $202.81 Median days on the market: 16 Schools (Frisco ISD): Gunstream elementary school, Wester middle school, Centennial high school Amenities: community pool, walking trail, park, playground Nearby attractions: Stonebriar Centre mall, Collin College, Plantation Golf, Frisco Athletic Center

DNT TOLL

$400,000-$499,999

7/7

7/221

29/7

17/8

$300,000-$399,999

-

1/4

8/4

8/6

PGBT TOLL

N

$200,000-$299,999

-

-

-

-

Less than $199,999

-

-

-

-

NUMBER OF NEW LISTINGS 2021

MEDIAN PRICE OF HOMES SOLD WITH YEAROVERYEAR PERCENTAGE CHANGE

2022

2021

2022

75033

75034

75035

75036

436 448

Frisco

$900,000

+41.82%

+12.61%

$800,000

+28.76%

405 379

+27.66%

$700,000

Plano

$600,000

$500,000

McKinney 413 464

$400,000

$300,000

$200,000

$0

NUMBER OF HOMES UNDER CONTRACT 2021 2022

PERCENT OF ASKING PRICE RECEIVED

2021

2022

WITH YEAROVERYEAR CHANGE

R OLATERRD.

75033

75034

75035

75036

74 54 75 58 169 99 75 66

75033

+6.6

112%

+0.9

+4.8

+1.5

110%

PLANTATION ESTATES

75034

108%

C O L L E G E P K W Y .

106%

N

75035

104%

102%

NEIGHBORHOOD DATA PROVIDED BY JEFF CHENEY, THE CHENEY GROUP 2145508200 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

Exciting news this month regarding your property taxes! The City of Frisco has just passed an increase of the Homestead Exemption to 12.5%. They also passed a “senior freeze” providing relief for residents over 65 years of age. Reach out to discuss how these changes affect your home in Frisco.

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

21

FRISCO EDITION • JULY 2022

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