Cynthia Fowler - The Homestead at Carrollton - August 2022

CYNTHIA FOWLER

6959 Lebanon Road, Suite 201

RE/MAX Hall of Fame REALTOR ®, ABR, SRS, SFR, I.R.E.S. RE/MAX DFW Associates

Frisco, TX 75034 469-582-0282

Each office independently owned and operated

THE HOMESTE AD AT C A R R O L LT O N

214-803-3452 CynthiaFowler@remax.net

R E A L E S TAT E M A R K E T R E P O R T | A U G U S T 2 0 2 2

www.TheHomesteadHomes.com

Voted D Magazine Best Every Year Since 2018!

Published by REAL Marketing (RM) | www.REALMarketing4You.com | 858.952.4280 | ©2022

THE HOMESTEAD’S TOP-PRODUCING REALTOR EVERY YEAR SINCE 2015!

2022 M ID -YE AR R E VIEW T he H omeste ad

at

C arrollton

Average Sold Price

$593,260 41% Increase over 2021

It’s A Seller’s Market!

Now is a great time to consider listing your home and taking advantage of the upward trends while they last!

Average Sold Price/ List Price Ratio

110.1%

7% Increase over 2021

Average Days on Market

5

64% Decrease from 2021

Average Sold Price Per Square Foot

$232

41% Increase over 2021

Leonardo and Angelica, Our Homestead at Carrollton community had a fantastic first half of the year with increases in several key market indicators. The demand for our community is still high, with current inventory continuing to point to a seller’s market. If you are thinking about selling, please call me today at 214-803-3452.

Data based on listings from NTREIS from January 1st to June 30th, 2021 and 2022. Does not include homes taken off the market. Information deemed accurate but not guaranteed.

PREPARED ESPECIALLY FOR

LEONARDO AND ANGELICA WASHINGTON

PRESENTED BY CYNTHIA FOWLER T H E H O M E S T E A D ’ S T O P P R O D U C I N G R E A LT O R R E / M A X H A L L O F FA M E | D M A G A Z I N E 2 0 2 1 B E S T R E A L E S TAT E A G E N T

What A

READJUSTING MARKET

CYNTHIA FOWLER RE/MAX Hall of Fame REALTOR ®, ABR, SRS, SFR, I.R.E.S. RE/MAX DFW Associates

Congratulations!

214-803-3452

Recognized by D Magazine as Best of D

Means For You

CynthiaFowler@remax.net www.TheHomesteadHomes.com

Voted D Magazine Best Every Year Since 2018!

THE HOMESTE AD AT C A R R O L LT O N

This combination led to record-high demand and recordlow supply, but wouldn’t be sustainable long term.

Leonardo and Angelica, There is currently one home available in The Homestead at Carrollton.

I have buyers waiting and looking for specific homes and floor plans in The Homestead! Please call me at 214-803-3452 for more details.

HOMES CURRENTLY ACTIVE Status

Address

Active

1833 Auburn Drive

Beds

Baths

Est. Square Feet

List Price

List Date

4

3.0

3,942

$749,900

05/05/22

HOMES CURRENTLY PENDING Status

Address

Pending Pending

Beds

Baths

Est. Square Feet

List Price

List Date

1731 Ivy Lane

3

2.0

2,765

$597,000

06/17/22

1710 Ivy Lane

4

3.1

3,018

$635,000

06/17/22

HOMES SOLD IN THE LAST 6 MONTHS (On Average, Homes are Selling for 111% of Asking Price) Status

Address

Sold

Headlines report current market conditions that may leave you with more questions than answers. The past two years were record-breaking in nearly every way. Record-low mortgage rates, an influx of buyers, sellers waiting to list and years of under-building created the most unique market.

Beds

Baths

Est. Square Feet

List Price

Sold Date

Days on Market

1726 Morning Glory

3

2.0

2,103

$499,999

06/24/22

4

Sold

1725 Morning Glory

3

2.0

2,220

$465,000

06/23/22

1

Sold

3909 Morning Dove

4

4.0

3,324

$875,000

06/01/22

12

Sold

1717 Auburn Drive

4

3.0

3,566

$625,000

05/16/22

3

Sold

1736 Auburn Drive

3

2.0

2,096

$485,000

05/11/22

5

Sold

1814 Auburn Drive

4

3.1

3,624

$650,000

05/02/22

11

Sold

1809 Morning Glory

3

2.0

1,652

$415,000

04/05/22

5

Sold

1748 Ivy Lane

3

2.0

1,844

$419,000

03/16/22

6

Cynthia Fowler and RE/MAX DFW Associates are not in any way affiliated with The Homestead at Carrollton Owners Association, nor is this in any way an official advertisement or publication of The Homestead at Carrollton. © 2022 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the NTREIS between January 11th and July 11th, 2022. Listings and sales may not be those of RE/MAX DFW Associates. The NTREIS does not guarantee the accuracy of this data, which may not reflect all 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.

Leonardo and Angelica, The real estate market is changing – if you’ve thought about making a change and moving into your next dream home, please call me today at 214-803-3452.

Let’s discuss our options!

NO ONE SELLS IN THE HOMESTEAD LIKE CYNTHIA! “I knew Cynthia would be my Realtor when I was in the early stages of thinking of selling my home in The Homestead.

I would receive her brochure on a regular basis and was seeing how well her homes were doing in terms of limited days on market and sales prices. I know she knows her sales market, but she REALLY knows The Homestead market and how to maneuver and anticipate any issues/requirements before they could become an issue. I was right in selecting her! I was extremely satisfied with her performance and would highly recommend her as anyone else’s Realtor!”

—Donald T. | Seller of 1725 Morning Glory

HOME SHOWINGS

2019 gave a good baseline of pre-pandemic levels. Showings skyrocketed during the pandemic and while current demand has begun to moderate slightly, showings are still above 2019 and 2020 levels.

EXISTING HOME SALES

Perspective is everything! While headlines are talking about sales declining, the market is on pace to close this year with more sales than 2019 and surpassing 2020.

THE EXPERTS SAY IT BEST

“Today’s housing market looks a lot like the 2019 housing market, which was the strongest housing market in a decade at the time.”

—First American

THE MARKET ISN’T CRASHING IT’S A TURNING POINT THAT’S MOVING BACK TOWARD MORE PRE-PANDEMIC LEVELS.

SOLD FOR $85,000 OVER ASKING IN 1 DAY! 1725 MORNING GLORY 3 Beds | 2.0 Baths 2,220 Square Feet