Richardson Home Values

  • Top 10 Richardson, Texas Subdivisions ranked by Home Sales

    We’ve ranked the top 10 subdivisions in Richardson, Texas based on home sales in 2013. The Richardson Heights subdivision topped the list in total dollar sales in 2013, selling $41.4 million dollars in homes. There were 232 homes sold at an average sales price of $178,798. Second on the list in total dollar sales was Canyon Creek, selling $25.3 million dollars in homes. 98 homes were sold in Canyon Creek, at an average sales price of $258,171. Breckinridge ranks third on the list of total dollar sales at $13.3 million. There were 32 homes sold in Breckinridge, with an average sales price of $415,972.

    Springpark was fourth on the list of total dollar sales in 2013, selling $11.6 million dollars in homes. There were 49 homes sold at an average sales price of $238,093. Next on the list in total dollar sales was Northrich, selling $5.7 million dollars in homes. 40 homes were sold in Northrich, at an average sales price of $143,971. Parkview Estates ranks sixth on the list of total dollar sales at $5.2 million. There were 27 homes sold in Parkview Estates, with an average sales price of $195,419. Creek Hollow was seventh on the list of total dollar sales in 2013, selling $5 million dollars in homes. There were 18 homes sold at an average sales price of $281,083. Next on the list in total dollar sales was Woods of Springcreek, selling $4.8 million dollars in homes. 14 homes were sold in Woods of Springcreek, at an average sales price of $347,879. Greenwood Hills ranks ninth on the list of total dollar sales at $4.6 million. There were 31 homes sold in Greenwood Hills, with an average sales price of $151,506. Tenth place in total dollar home sales in Richardson, Texas for 2013 was Prairie Creek, with $3.9 million dollars in homes sold. There were 11 homes sold in Prairie Creek, at an average sales price of $354,864.

    These are the Top 10 subdivisions, ranked by Home Sales, in Richardson, Texas. Richardson has a population of 101,742 people. In 2006, Richardson was ranked as the 15th best place to live in the United States by Money magazine. The city is roughly 28.6 square miles in size, and it is located in Collin and Dallas counties on the far north side of Dallas. Overall home sales in Richardson, Texas are at 1,457 homes sold, with an average sales price of $182,308. On average, sellers received 97% of their asking price, with homes spending an average of 38 days on the market. Richardson is known as area 23 in the North Texas Real Estate Information System. This information is believed reliable but is only as accurate as reported by the system in the month of December 2013.

  • Richardson home sales were down 17% in June 2014

    Richardson home sales were down 17% in June 2014 compared to the same month last year with 132 homes selling this month. So far this year, there have been 632 home sales, which is a decrease of 9% from last year.

    New real estate listings in the Richardson area have decreased 17%, with 163 homes listed this month, compared to the same period last year. So far this year, overall home listings have decreased 9%, with 833 homes listed. The number of listings under contract decreased 10% this month, with 135 homes contracted. The number of listings under contract for the year to date decreased 8%, with 717 homes under contract. The current supply of active listings on the market this month was 185 homes, a 22% decrease from the same month last year. There was a 1.6 month supply of homes on the market, which is a 27% decrease from last year.

    The average sales price of a home in the Richardson area this month was $218,772, up 23% from this month last year. For the year 2014, the average sales price was up 12%, at $199,440. On average, sellers have received 98% of their asking price this month, which is an increase of 0% from last year. For the year to date, sellers received 97% of their asking price, a change of 1%. This month, homes spent an average of 20 days on the market until sold, which represents a decrease of 37% from last year. For the year to date, the average number of days on the market was 38, a decrease of 12%.

    Richardson real estate information, known as MLS Area 23, is reported by area in the North Texas Real Estate Information System. The information in this report is believed reliable, but is only as accurate as reported by the system in the month of June 2014.

    The DFW area is also known as the Dallas Fort Worth Metropolitan Statistical Area, a title designated by the U.S. Census Bureau, which encompasses 12 counties within the state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth. It is comprised of over 70 cities, both incorporated and unincorporated. The DFW Metroplex is, by population, the largest metropolitan area in Texas, the largest in the South, the fourth-largest in the United States, and the tenth-largest in the Americas. The DFW Metroplex encompasses over 9,000 square miles of total area, making it larger in area than the states of Rhode Island and Connecticut, combined. It also has the sixth-largest gross metropolitan product (GMP) in the United States, and is approximately tenth-largest by GMP in the world.

    You can register on our website to have monthly updates on your city and neighborhood automatically emailed to you from DFW Team Realty. Search Richardson Texas homes, foreclosures, and short sales to find homes in Richardson. This service is FREE and available without any obligation from DFWTeamRealty.com.

    Richardson Texas Real Estate June 2014

    By Bob Baesmann

  • Richardson home sales were down 19% in May 2014

    Richardson home sales were down 19% in May 2014 compared to the same month last year with 102 homes selling this month. So far this year, there have been 490 home sales, which is a decrease of 8% from last year.

    New real estate listings in the Richardson area have increased 8%, with 182 homes listed this month, compared to the same period last year. So far this year, overall home listings have decreased 8%, with 667 homes listed. The number of listings under contract decreased 5% this month, with 142 homes contracted. The number of listings under contract for the year to date decreased 8%, with 577 homes under contract. The current supply of active listings on the market this month was 180 homes, a 13% decrease from the same month last year. There was a 1.5 month supply of homes on the market, which is a 22% decrease from last year.

    The average sales price of a home in the Richardson area this month was $204,504, up 8% from this month last year. For the year 2014, the average sales price was up 9%, at $194,915. On average, sellers have received 97% of their asking price this month, which is an increase of 0% from last year. For the year to date, sellers received 97% of their asking price, a change of 1%. This month, homes spent an average of 28 days on the market until sold, which represents a decrease of 1% from last year. For the year to date, the average number of days on the market was 42, a decrease of 8%.

    Richardson real estate information, known as MLS Area 23, is reported by area in the North Texas Real Estate Information System. The information in this report is believed reliable, but is only as accurate as reported by the system in the month of May 2014.

    The DFW area is also known as the Dallas Fort Worth Metropolitan Statistical Area, a title designated by the U.S. Census Bureau, which encompasses 12 counties within the state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth. It is comprised of over 70 cities, both incorporated and unincorporated. The DFW Metroplex is, by population, the largest metropolitan area in Texas, the largest in the South, the fourth-largest in the United States, and the tenth-largest in the Americas. The DFW Metroplex encompasses over 9,000 square miles of total area, making it larger in area than the states of Rhode Island and Connecticut, combined. It also has the sixth-largest gross metropolitan product (GMP) in the United States, and is approximately tenth-largest by GMP in the world.

    You can register on our website to have monthly updates on your city and neighborhood automatically emailed to you from DFW Team Realty. Search Richardson Texas homes, foreclosures, and short sales to find homes in Richardson. This service is FREE and available without any obligation from DFWTeamRealty.com.

    Richardson Texas Real Estate May 2014

    By Bob Baesmann

  • Richardson home sales were down 19% in February 2014

    By Bob Baesmann

    Richardson home sales were down 19% in February 2014 compared to the same month last year with 83 homes selling this month. So far this year, there have been 164 home sales, which is a decrease of 1% from last year.

    New real estate listings in the Richardson area have decreased 15%, with 99 homes listed this month, compared to the same period last year. So far this year, overall home listings have decreased 12%, with 211 homes listed. The number of listings under contract decreased 8% this month, with 99 homes contracted. The number of listings under contract for the year to date decreased 12%, with 189 homes under contract. The current supply of active listings on the market this month was 156 homes, a 21% decrease from the same month last year. There was a 1.3 month supply of homes on the market, which is a 35% decrease from last year.

    The average sales price of a home in the Richardson area this month was $184,324, up 5% from this month last year. For the year 2014, the average sales price was down 9%, at $189,738. On average, sellers have received 96% of their asking price this month, which is an increase of 1% from last year. For the year to date, sellers received 96% of their asking price, a change of 2%. This month, homes spent an average of 54 days on the market until sold, which represents a decrease of 7% from last year. For the year to date, the average number of days on the market was 50, a decrease of 18%.

    Richardson real estate information, known as MLS Area 23, is reported by area in the North Texas Real Estate Information System. The information in this report is believed reliable, but is only as accurate as reported by the system in the month of February 2014.

    The DFW area is also known as the Dallas Fort Worth Metropolitan Statistical Area, a title designated by the U.S. Census Bureau, which encompasses 12 counties within the state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth. It is comprised of over 70 cities, both incorporated and unincorporated. The DFW Metroplex is, by population, the largest metropolitan area in Texas, the largest in the South, the fourth-largest in the United States, and the tenth-largest in the Americas. The DFW Metroplex encompasses over 9,000 square miles of total area, making it larger in area than the states of Rhode Island and Connecticut, combined. It also has the sixth-largest gross metropolitan product (GMP) in the United States, and is approximately tenth-largest by GMP in the world.

    You can register on our website to have monthly updates on your city and neighborhood automatically emailed to you from the Richardson Home Values Report. Search Richardson Texas homes, foreclosures, and short sales to find homes in Richardson. Research current Richardson home values at Richardson Home Values. This service is FREE and available without any obligation from DFWTeamRealty.com.

    Richardson Texas Real Estate February 2014

  • Home Sales Trends in 2013 for the Woods Of Springcreek subdivision – Richardson, Texas

    Home Sales in the Woods Of Springcreek subdivision in Richardson, Texas have been brisk in 2013, with 14 homes sold. The homes sold were built between 1995 and 2001, and the average sales price for a home in the Woods Of Springcreek subdivision was $347,879. The lowest sale was at $207,000 and the highest sale was at $460,000.

    The average size of a home in the Woods Of Springcreek subdivision is 3,647 sq. ft., with the smallest at 2,982 sq. ft. and the largest at 4,618 sq. ft. Homes in the Woods Of Springcreek subdivision sold, on average, in 72 days. The quickest sale took 8 days and the longest sale 236 days. The average price per square foot for a home in the Woods Of Springcreek subdivision is $94.99.

    The Woods Of Springcreek subdivision is located in Richardson, Texas. Richardson has a population of 101,742 people. In 2006, Richardson was ranked as the 15th best place to live in the United States by Money magazine. The city is roughly 28.6 square miles in size, and it is located in Collin and Dallas counties on the far north side of Dallas.

    Overall home sales in Richardson, Texas are at 1,457 homes sold, with an average sales price of $182,308. On average, sellers received 97% of their asking price, with homes spending an average of 38 days on the market. Richardson is known as area 23 in the North Texas Real Estate Information System. This information is believed reliable but is only as accurate as reported by the system in the month of December 2013.

    DFW Team Realty is your local expert specializing in home sales in the Woods Of Springcreek subdivision, as well as home foreclosures and short sales in the Woods Of Springcreek subdivision. If you are looking to buy or sell a home in the Woods Of Springcreek subdivision, contact DFW Team Realty or visit us online to receive updates on home values in your city and neighborhood.

    By Bob Baesmann

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