Recently in Trophy Club Category

The 2009 school ratings have just been released.  I have prepared a report showing district and campus results for the districts in the area.  You can download the pdf report at cindyruppert.com/Accountability2009.pdf.

The only major change in the area was the Keller ISD dropping from Recognized to Academically Acceptable.  The district is challenging this rating, which was caused by just barely missing the required completion rate for economically disadvantaged students.  The district claims that two students were misclassified as drop-outs.  If the TEA changes the status of either of those students, the district will be Recognized.

For those new to the area, Southlake is mostly in the Carroll ISD,  Flower Mound is in the Lewisville ISD, and Trophy Club is in the Northwest ISD.  A big piece of far north Fort Worth is in the Keller ISD.

Call if you have any questions!

Here is the sales activity for cities that I specialize in.  These are the final year to date numbers for 2008.  Activity was down, prices were steady, and days on the market were up.  Mortgage rates are very low and the new year has started with good buyer activity, giving us some optimism about this year.  There may be downward pressure on prices as some sellers who have held back must take action.  And of course, no one knows what's going to happen with the economy.  Southlake and Colleyville have 7-8 months inventory, the city of Keller is at about six months, and Grapevine only has four months.

MLS Activity Report for Selected Areas

City	# of Sales	% Change vs. Prior Year	Avg Sales Price	% Change vs. Prior Year	Median Price	% Change vs. Prior Year	Avg Days on Market	% Change vs. Prior Year
Bedford	533	-7%	$165,986	0%	$156,950	1%	59	18%
Colleyville	373	-19%	$515,652	-3%	$417,000	-7%	73	18%
Denton County Southeast	3,521	-21%	$239,322	-4%	$194,000	-3%	70	19%
Euless	434	-18%	$156,820	2%	$151,500	1%	56	2%
North Central Tarrant	1,963	-12%	$161,649	1%	$150,000	0%	74	4%
Grapevine	486	-16%	$247,593	3%	$230,000	5%	51	13%
Hurst	550	-10%	$150,725	-2%	$139,900	0%	82	39%
Keller	750	-19%	$339,281	5%	$287,250	1%	81	27%
N Richland Hills / Richland Hills	765	-16%	$167,451	0%	$133,250	-2%	68	5%
Roanoke	171	-20%	$160,480	3%	$150,000	5%	79	34%
Southlake	485	-19%	$634,944	3%	$545,000	4%	78	10%
Trophy Club / Westlake	164	-15%	$472,345	3%	$260,000	1%	85	25%
Watauga	304	-28%	$102,044	-2%	$99,900	-1%	65	-2%

Note: All Information is from North Texas Real Estate Information System (NTREIS) and is believed but not guaranteed to be accurate.