Cary-McCoy-Phillips Creek-June 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 | June 2020

See All Recent Phillips Creek Sales at PhillipsCreekLifestyle.com

DON’T JUST LIST YOUR HOME

LIST WITH THE NEIGHBORHOOD EXPERT! ACTIVE

ACTIVE

ACTIVE

5769 Lightfoot Lane Offered at $650,000

5993 Lightfoot Lane Offered at $549,900

7014 Poco Soto Drive Offered at $775,000

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

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

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

ACTIVE

PENDING

PENDING

1023 Rolling Thunder Road Offered at $525,000

1511 Leg Iron Drive Offered at $750,000

808 Gaited Trail Offered at $625,000

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

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

4 Beds, 4.1 Baths | 3,483 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

PENDING

Cary McCoy

SOLD IN 2 DAYS FOR FULL ASKING PRICE!

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

Street Name Lightfoot Lane Rolling Thunder Road Lightfoot Lane Kara Creek Road Horse Creek Drive Lightfoot Lane Lightfoot Lane Barn Swallow Drive Statesman Lane Lismore Drive Forefront Avenue Flemington Drive Poco Soto Drive Pitchfork Ranch Drive Prospect Drive Nichols Trail Bunkhouse Road Coffeepot Creek Road Backstretch Boulevard Bareback Ranch Road Holford Drive

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

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

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

List Price $489,000 $525,000 $549,900 $599,000 $635,000 $650,000 $659,000 $661,915 $698,000 $715,000 $719,900 $750,738 $775,000 $780,000 $785,000 $805,000 $825,000 $849,000 $850,000 $850,000 $1,245,000

There are Currently 24 Pending Phillips Creek Homes Phillips Creek Homes Sold in the Last 90 Days Homes Sold

Bedrooms

Bathrooms

Living Area

Sold Price

Average DOM

25

3-5

2.1 - 5.2

2442 - 5,320

$445,000 - $890,000

49

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 8th, 2020 through June 8th, 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.

1510 Leg Iron Drive Offered at $649,000

1625 Campbell Court Offered at $634,900

6278 Pitchfork Ranch Drive Offered at $749,900

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

5 Beds, 4.0 Baths | 4,056 Est. Square Feet

5 Beds, 4.0 Baths | 4,596 Est. Square Feet

THE SELLING FRENZY IS COMING NOW IS THE TIME TO GET YOUR HOME READY TO SELL! MARKET FACTORS Prior to COVID-19, the housing market showed signs of a hot spring season.

The pre-pandemic market strength gives many experts hope that losses are temporary.

The comeback is expected to be quick. With historically low interest rates, home buyers and investors will start buying soon at the first signs of normality. This will only delay spring purchasing, setting the stage for a frenzy by July.

RESILIENCE During four of the last five recessions, home prices continued to increase. The only exception was in 2008; however, this was triggered by real estate itself.

While the housing crisis is still fresh on our minds, the U.S. housing market has weathered all other recessions since 1980. Traditionally, the housing market actually aids the economy in recovering from recessions.

ALWAYS ESSENTIAL What separates the stability of the housing market from other economic indicators like the stock market? It comes down to need. People will always need a place to live.

After regulations lift, there will certainly be hesitant buyers, but there will also be those patiently waiting to enter the market and take advantage of low interest rates. Life itself is not paused, and large life events haven’t stopped.

Jonathan-Thomas and Angela-Marie, Timing is critical to take advantage of the coming market. Waiting until summer will be too late – it’s important to stand out. Call me to help get your home ready; it’s what I do best! 214.621.5491.