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Heritage Lakes Frisco TX Homes for Sale - Summer 2008 Real Estate Report Card

By Loreena and Michael Yeo

Real Estate Broker/Owner with 3:16 team REALTY ~ Locally-owned Prosper TX Real Estate Co. #9001154

September 27, 2008 04:05 PM

Frisco TX's Heritage Lakes Summer 2008 Real Estate (Residential) Housing Report from July 30 2008 through September 15 2008.

Available 23 homes
Pending transactions 2 homes
Closed transactions 8 homes

Lowest $208,000 3 bedrooms, DOM 3.
Average 4 bedrooms, 3 bathrooms (either 3 full bathrooms, or 2 full with 1 half bath).3,200 square feet at $268,000. DOM 95.
Highest 5 bedrooms, over 4,400 square feelt for $338,000. DOM 259
Total real estate value of $2,145,755 not including real estate sales not listed on the MLS systems such as for sale by owners.

The Absorption Rate* for Heritage Lakes is approximately 21 weeks.

*Absorption Rate is the time it takes to sell the available inventory at its present rate.

Note: However, given that we are heading towards the end of the year, it may take longer than 21 weeks. Heritage Lake - Frisco TX's busiest real estate season is from April until August. It is a competitive market at Heritage Lakes, Frisco TX. Hence it is important that you choose to work with the realtor who knows these communities like none other. I employ a systematic market approach in selling your home - an intentionally unique proposal that most real estate agents do not use. If you care to be on your way to a successful closing, contact me immediately to see how different my proposition will be.

I proudly serve and sell real estate in the northern suburb cities of the Dallas metroplex. If you are thinking about purchasing or selling your home in neighborhoods of Frisco, Plano, Dallas, McKinney, Allen, Little Elm, Prosper, Celina, Richardson, Dallas M-Streets, Dallas White Rock Lake area and other surrounding areas and more importantly, want to work with a local area expert, contact me immediately.

Much to your success...

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