Cary-McCoy-Phillips Creek-July 2020

Cary McCoy

6400 W. Plano Parkway #112 Plano, TX 75093

CRS, ABR, GRI

214.621.5491 CaryMcCoy@ebby.com CaryMcCoySellsHomes.com PhillipsCreekLifestyle.com

Phillips Creek Ranch www.PhillipsCreekLifestyle.com

Phillips Creek Ranch Resident and Specialist Trusted • Focused • Connected • Relocation Specialist

Real Estate Market Report | July 2020

See All Recent Phillips Creek Sales at PhillipsCreekLifestyle.com

DON’T JUST LIST YOUR HOME

LIST WITH THE NEIGHBORHOOD EXPERT! ACTIVE

ACTIVE

ACTIVE

5530 Lightfoot Lane Offered at $525,000

5769 Lightfoot Lane Offered at $615,000

7014 Poco Soto Drive Offered at $775,000

4 Beds, 3.1 Baths | 3,123 Est. Square Feet

4 Beds, 4.0 Baths | 3,606 Est. Square Feet

4 Beds, 4.1 Baths |4,537 Est. Square Feet

PENDING

PENDING

1023 Rolling Thunder Road Offered at $525,000

5993 Lightfoot Lane Offered at $549,900

4 Beds, 3.0 Baths | 3,267 Est. Square Feet

4 Beds, 3.1 Baths | 3,257 Est. Square Feet

Jonathan-Thomas and Angela-Marie My marketing is representative of the time, effort, and money you have spent in obtaining and maintaining your home.

If you are looking to sell, let me help you achieve exceptional results. Call me today at 214.621.5491.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2020

Prepared Especially for

Jonathan-Thomas and Angela-Marie Washington Presented by Cary McCoy, Your Phillips Creek Real Estate Specialist and Neighbor

Cary McCoy

SOLD

SOLD

SOLD

CRS, ABR, GRI

214.621.5491 CaryMcCoy@ebby.com CaryMcCoySellsHomes.com PhillipsCreekLifestyle.com

Over $300 Million Sold | A Home Sold Every 3 Days My Average SP/LP Ratio is 99.6% Trusted • Focused • Connected • Relocation Specialist

Phillips Creek

Real Estate Market Report

Jonathan-Thomas and Angela-Marie, If you want to know what your home would sell for in today’s market, contact me today at 214.621.5491 for your free report.

Phillips Creek Homes Recently Listed Status Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active

Street Name Havenbrook Lane Lightfoot Lane Rolling Thunder Road Lightfoot Lane Chimney Peak Lane Bannerdale Boulevard Kara Creek Road Pitkin Road Bannock Road Lightfoot Lane Lightfoot Lane Barn Swallow Drive Lismore Drive Flemington Drive Prospect Drive Poco Soto Drive Stallion Ranch Road Bareback Ranch Road Coffeepot Creek Road Backstretch Boulevard Coulter Lake Road Stardrift Avenue Holford Drive

Bedrooms 3 4 4 5 4 4 5 4 4 4 4 4 4 5 4 4 5 5 5 4 5 5 5

Bathrooms 2.1 3.1 3.0 4.0 3.1 4.0 4.1 4.0 4.1 4.0 4.1 3.0 4.1 5.2 4.1 4.1 5.1 5.1 5.1 4.1 4.1 5.1 4.2

Living Area* 2,600 3,100 3,300 3,400 3,200 3,500 4,200 3,900 3,800 3,600 3,500 2,900 4,200 4,600 4,500 4,500 4,300 4,500 4,800 4,000 4,400 4,600 5,200

List Price $515,000 $525,000 $525,000 $559,900 $560,000 $585,000 $599,000 $600,000 $608,000 $615,000 $649,000 $661,915 $710,000 $750,738 $774,800 $775,000 $799,900 $820,000 $849,000 $850,000 $885,525 $895,950 $1,245,000

There are Currently 19 Pending Phillips Creek Homes

808 Gaited Trail Offered at $625,000

1510 Leg Iron Drive Offered at $649,000

1511 Leg Iron Drive Offered at $750,000

4 Beds, 4.1 Baths | 3,483 Est. Square Feet

5 Beds, 4.1 Baths | 3,780 Est. Square Feet

5 Beds, 4.1 Baths | 4,054 Est. Square Feet

The Summer Recovery Market is Here!

Real estate activity is inching closer to January trends, nearly half way through the path to a full recovery. As the market heads into the summer, two of the four recovery index components remain above their January baseline.

Housing Demand remained visibly above recovery. Homebuyer interest recovered quickly and remains high as low mortgage rates, virtual tools, and lockdown lifts have enabled buyers to continue the search.

Home Price moved further past the recovery threshold. Prices have regained momentum as the mix of inventory shifts back toward higher priced homes and demand for entry-level properties surges.

Housing Supply continues to follow a path to recovery. While lockdown measures subside and foot traffic resumes, we have yet to see normal levels of listings enter the market. Inventory is critically low!

Pace of Sales has started to stabilize. As more buyers and sellers reunite, days on market may decrease. Buyers eager to capitalize on historically low interest rates are looking to take advantage of unique market conditions.

Phillips Creek Homes Sold in the Last 90 Days Homes Sold

Bedrooms

Bathrooms

Living Area

Sold Price

Average DOM

31

3-5

2.1 - 5.2

2,442 - 5,320

$445,000 - $975,000

43

Cary McCoy and Ebby Halliday Realtors are not in any way affiliated with the Phillips Creek Ranch Owners Association, nor is this in any way an official advertisement or publication of Phillips Creek Ranch. © 2020. All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to NTREIS MLS for March 30th, 2020 through June 30th, 2020. Listings and sales may not be those of Ebby Halliday Realtors. NTREIS MLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Square feet rounded to the nearest hundred.

Jonathan-Thomas and Angela-Marie, Selling your property during the upcoming months could realize a great return on your investment. Contact me today at 214.621.5491 for a no-obligation market analysis of your home.