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Willow Bend Real Estate Results: June 2009

Willow Bend Real Estate

Willow Bend Polo Players

There are 87 active properties on the MLS.  Activity is still slow but starting to see signs of life.  There are 5 pending properties (waiting to close) there was only 1 last month.  And 7 properties closed in June, 6 closed in May, so the direction is better.

The lowest price listing sold in Willow Bend West on Darlington, it was on the market for 57 days.  The most expensive listing sold was in Creeks of Willow Bend on Harvard Court, only on the market for 2 days, so it goes to show if the right buyer comes along anything can sell in a tough market.  The lowest price active listing is in Willow Bend North at $380K on Bassinghall and the most expensive home available is listed at $4,495,000 on Bannister Court in Willow Bend Country.

There is one active foreclosure in Pebble Brook and 1 pending foreclosure in Willow Bend Estates.  Needless to say foreclosures go quickly in Willow Bend.  My prediction is as the credits markets start to thaw and jumbo lending resumes you will see more activity later in the year for upper end housing.  In the meantime, it’s still a buyers market.

About Terry Smith

Passionate about real estate, positive problem solver, specialty boutique real estate brokerage that does things your way! A full-time Broker & REALTOR®, helping people buy and sell homes in the Dallas - Plano area. Whether you're a buyer just starting out or someone with luxury properties to sell. I have extensive knowledge and experience to help you with your real estate transaction. I am a native Dallasite. Have questions? Ask me. You can find me on Google+ and Pinterest.

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