Frisco | June 2022

REAL ESTATE

Snapshot of the market

COMPILED BY MATT PAYNE

MARKET DATA FOR APRIL

Featured neighborhood

HOMES SOLDAVERAGE DAYS ON THE MARKET BY PRICE 75033 75034

75035

75036

380

$900,000 +

13/43

31/32

17/6

16/9

423

MCKINNEY

75033

$800,000-$899,999

8/13

10/16

17/10

2/21

75035

$700,000-$799,999

16/9

8/10

11/14

5/3

75036

SRT TOLL

75034

$600,000-$699,999

6/18

9/8

13/8

4/4

75

FRISCO

$500,000-$599,999

10/22

4/13

11/5

11/9

GRANT JOHNSONCOMMUNITY IMPACT NEWSPAPER

PLANO

DNT TOLL

$400,000-$499,999

6/99

4/7

15/8

8/6

HEATHER RIDGE ESTATES This month’s featured neighborhood is Heather Ridge Estates. The neighborhood is located at the northeast corner of Teel Parkway and West Main Street. Build-out : 2007 HOA dues: $525/year Home values: $525,000-$1.1 million Square footage: 2,813-5,218 Median annual property taxes: $15,059 Median price per square foot: $195.65 Median days on the market: 6 Schools (Frisco ISD): Carroll Elementary School, Cobb Middle School, Wakeland High School Amenities: greenbelt, pool Nearby attractions: future Grand Park, The Trails Golf, Frisco Square, Lake Lewisville

$300,000-$399,999

1/3

2/2

2/2

5/5

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

437 384

Frisco

$750,000 $800,000 $650,000 $700,000 $550,000 $600,000 $500,000 $450,000 $850,000 $900,000

+22.67%

+39.56%

+45.09%

424 349

Plano

+32.54%

McKinney 492 404

NUMBER OF HOMES UNDER CONTRACT 2021 2022

$0

PERCENT OF ASKING PRICE RECEIVED

2021

2022

WITH YEAROVERYEAR CHANGE

75033

75034

75035

75036

81 55 84 63 73 59 123 113

75033

113%

+3.8

+4.5

+5

111%

75034

109%

+1.8

107%

MAIN ST.

N

75035

105%

103%

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

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

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FRISCO EDITION • JUNE 2022

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