Wednesday, October 20, 2010

Plano Area Home Sale Data for September

Plano area home sales were down in September according to the latest multiple listing service data.  For the  month of September we have sales as follows:
                              Sales       Change from 09/09     Median Price     Avg. Price              
Plano                     206                -27.2%                   $214,450            $254,608
Frisco                    154                -43.0%                   $236,000            $281,332
Allen                       73                -37.1%                   $192,450            $221,372
McKinney             142                -20.7%                   $192,950            $229,760
Richardson              74               -21.3%                    $155,000            $171,859

The lower numbers reflect the fact that there is no first time homeowner tax credit for 2010 as there was in 2009.  We expect the numbers to remain below 2009 levels through November.  The table below shows the price point breakdown for sold homes.

                              0-120,000    120-200,000     200-400,000              400,000 +

Plano                      13%                        33%                 41.6%                 11.5%
Frisco                     1.9%                       30%                 55%                    12.7%
Allen                      10.9%                     42.5%              42.4%                  4.1%
McKinney              6.3%                       45.2%              40.2%                  8.5%
Richardson             29.2%                     41.0%              38.5                     1.4%

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