Reported by Judy Lundquist, REALTOR, ABR, CRS, GRI, SRES
Updated November 16, 2008.
Current Market Rating: 3
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Buyer's
Seller's
Current Price Trend: 3
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Falling
Rising
The area consists mostly of one story, brick properties built prior to 1990. Average sales price for the second quarter was $144,500 with properties only on the market for about 64 days before going under contract. The number of homes selling was down by 36% compared to 2007 but sales price still appreciated very slightly at just under 1%.
The market should still be considered a Seller's market with the number of properties, slight increase in sales price, and days on market. However, Buyers are negotiating more aggresively regarding condition and needed repairs. Sellers need to understand that they must have their property in tip top condition if they want to get it sold.
ZIP Code: 76006 Approximate Location Boundaries: Carrollton south of The George Bush Turnpike
Location Characteristics: Carrollton zip code 75006 consists of primarily brick homes built in the late 1970s early 1980s. Many homes were built by small custom builders during a building boom. Good schools, economic opportunity, good housing values, and an easy commute to employment are the draws for this community.
About Judy Lundquist:
Judy Lundquist is a Native Texan. She received a B.S. degree from Oklahoma State University in Stillwater, Oklahoma, and a M.A. degree from Texas Woman's University in Denton, Texas. She and her husband, John, have one child, Katie. Judy taught mathematics in a public school in Illinois and at the college level in Texas. She received her real estate license in 1991. Recognizing the value of education in better serving her clients, Judy has achieved the CRS (Certified Residential Specialist) and the ABR (Accredited Buyer's Representative), along with several other professional designations.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
