| Market Conditions for Richardson, Texas
Reported by Warren Beckmann, REALTOR
As of August 11, 2007. |
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Real Estate Home sales in the city of Richardson, Texas, MLS area 23.
Listings closed in July 2007, reported as of August 10, 2007.
Number of homes sold 130.
Average Selling Price $184,825.
Selling Price Percent of Listing Price 98%
Average Days on Market 51.
Lowest Sale Price $99,000.
Highest Sale Price $545,000.
Average Sold Price per Square Foot $90.47
As you can see from the information above, single-family homes in the Richardson area are selling with an average of only 51 days on the market. Of the 130 closings that have reported in to date for July, had an average asking price of $189,897 and sold 98% of list price, this indicates a very strong market. If you are considering a move to the Richardson Texas area and are interested in information on a specific area contact me. I can email you information on all active listing in that area that fit you criteria, as well as an analysis of recent comparable sales in that area. You can reach me through my office 972-732-6000 or direct at 214-498-6598. You can also get lots of great real estate information by visiting http://www.BeckmannRealEstate.com
Source: NTREIS or North Texas Real Estate Information System
Approximate Location Boundaries: Boundaries: MLS area 23, covers an area basically east of Coit Road, south of 190, west of Jupiter and north of Walnut Hill.
Location Characteristics: Richardson, home to the Telecom Corridor. The excellent school district and family values are prominent here. With a population of over 95,000, Richardson offers its residents a wide variety of opportunities from housing to recreation. Dart Light Rail has expanded their stations in this great area. I75 or Central Expressway run through the middle or Richardson, has easy access to highway 190 or George Bush to the north and 635 or LBJ to the south. This makes Richardson one of the most accessible areas in all of the Metroplex. It boasts more than 1,100 acres of park space, including soccer and baseball fields that cater to area leagues. Richardson proudly claims its own symphony orchestra and ballet troupe, as well as a childrens theater and the Richardson Community Band. The city has a wide range of homes pricing offering up many gorgeous neighborhoods from well established to new. More settled areas possess beautiful wooded lots, some by golf courses and still some offering views of the Dallas Skyline.
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