Twin Creeks Allen Texas State of the Union, 2007

The State of the Union for Twin Creeks, 2007
By: Michelle Musick Jones, Twin Creeks Resident
Coldwell Banker Residential Brokerage

Following is a breakdown of activity in Twin Creeks for the year 2007. Please feel free to call me at any time if you need specific comparables to your own personal home. I will be happy to provide a CMA to you at any time. I viewed most of the 143 homes that sold in 2007, and I try to keep updated on all active listings in Twin Creeks at all times.

All of the information provided below and on all of my monthly reports includes preowned homes only. There is no new home information included, because when you resale your home, only preowned homes are used as comparables. I pull up the same information, the same way, every month for your update. I include all homes in Twin Creeks, The Vistas and Raintree Estates. This information is taken from the Dallas/Ft. Worth Multiple Listing Service (NTREIS) and was dated January 9, 2008.

The average sales price in Twin Creeks in 2005 was $324,109. (This is down from $326,012 in 2004.)
The lowest sales price was: $175,000.
The highest sales price was: $780,000.

The average days on market in Twin Creeks in 2005 was 64. (down from 74 in 2004.)
The shortest days on market was 1.
The longest days on market was 294.

The average price per square foot in Twin Creeks in 2005 was $101.01. (This was up from $97.53 in 2004.)
The lowest price per sq. ft. was $75.40.
The highest price per sq. ft. was $157.16.

There were 143 resales in Twin Creeks in 2005. (Up from 138 in 2004.)

Price Range: Number of Sales:
$175,000 - $199,999 9 (down from 10 last year)
$200,000 - $249,999 28 (up from 21 last year)
$250,000 - $299,999 25 (down from 34 last year)
$300,000 - $349,999 34 (up from 28 last year)
$350,000 - $399,999 18 (up from 17 last year)
$400,000 - $449,999 16 (up from 10 last year)
$450,000 - $499,999 7 (down from 10 last year)
$500,000 - $799,999 6 (down from 8 last year)

Of the 143 resales in Twin Creeks in 2005, Michelle Musick Jones was #1 for the fifth year in a row, for listings sold. For fast results and a successful marketing program, call the Michelle Musick Jones team.