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Marie Sells Dallasmariesellsdallas.com@mariesellsdallas.com
2025-10-12

Want To Know More About Murphy, Texas?

Ever wondered about a Texas gem that’s equal parts pioneer spirit and modern charm? Nestled in the heart of Collin County, just a quick 20-mile jaunt northeast of Dallas, Murphy beckons with its perfect blend of small-town soul and suburban sizzle. Picture this: back in 1846, trailblazing families like Comfort and Lydia McMillen rolled in from Arkansas, staking their claim along the winding banks of what became Maxwell Creek—part of the wild Peters Colony land grants that predated Texas statehood itself. By the 1870s, this budding outpost had sprouted a post office (dubbed Maxwell’s Branch to dodge a name clash with another Decatur), but the real game-changer hit in 1888 when the St. Louis Southwestern Railway chugged through. Enter William Murphy, the generous landowner who donated the dirt for tracks and a depot, earning the town its forever moniker. For decades, it hummed as a vital shipping hub for farmers and ranchers hauling cotton and cattle, until the Great Depression and farm tech shifts slowed the pace, shrinking its vibe to a sleepy 136 souls by 1970. Fast-forward to 1958’s official incorporation, and boom—Murphy exploded into a commuter haven, its population skyrocketing from 3,099 in 2000 to over 21,000 today, fueled by booming jobs in nearby Plano and Richardson, top-tier schools, lush parks like the sprawling Cottonwood Creek Trail system, and a median household income that tops $146,000. Today, it’s a haven for families craving that rare mix of historic whispers—from the preserved 1901 First Baptist Church and the 1938 WPA-era Old Murphy Schoolhouse turned community hub—to buzzing retail strips, community fests, and easy escapes to the George Bush Turnpike. Murphy isn’t just a dot on the map; it’s a living love letter to Texas resilience, where yesterday’s dusty trails meet tomorrow’s bright horizons.

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Marie Sells Dallasmariesellsdallas.com@mariesellsdallas.com
2025-10-12

Dallas Area Residential Report – Single Family Rentals – Murphy, Texas

The single-family home rental market in Murphy, TX, during September 2025 exhibits a complex dynamic characterized by high average rents and a measurable increase in available inventory, signaling a shift in favor of the tenant. Rental rates for single-family residences remain elevated, significantly above the national average, reflecting the desirability of the area’s quality housing stock and school districts. However, recent data indicates a slight month-over-month decline in average rents, suggesting that the pressure of continuous, aggressive rate increases may be easing.

The supply side of the market shows an increase in the number of active single-family rental listings. This expansion in choice is a key development, offering tenants more options and reducing the intense competition that characterized the market in the preceding years. Consequently, the average time homes spend on the rental market has lengthened, providing prospective tenants with greater opportunity for thoughtful selection and negotiation on lease terms.

For property owners, the environment requires strategic pricing and property presentation to minimize vacancy periods. For tenants, this period represents an improved opportunity to secure a single-family lease with potentially greater flexibility on concessions and move-in terms. The market is normalizing, moving toward a more balanced equilibrium where supply is better meeting persistent demand.

Ever Want To Know The Current Value Of Your Home? Well Now you Can!

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MY SPECIALTY: EXTRAORDINARY SERVICE

Marie Walton, GRI REALTOR & ASSOCIATED BROKER (972) 816-5197 mariewalton@ebby.com View Website Ebby Halliday – North Dallas 16000 Preston Road, Suite 100 Dallas TX 75248

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Marie Sells Dallasmariesellsdallas.com@mariesellsdallas.com
2025-10-12

Dallas Area Residential Sales Report – Murphy Neighborhood – The Timbers

The single-family residential market in the Timbers neighborhood of Murphy, TX, maintains its status as a competitive environment in September 2025, yet exhibits distinct indicators of a moderating sales pace. Although the neighborhood is currently characterized as a seller’s market, the overall momentum of the housing cycle has shifted, influencing both pricing strategies and time on market.

Homes in The Timbers are experiencing a longer duration on the market compared to the previous year, suggesting that buyers are exercising greater deliberation before committing to a purchase. This extended marketing period necessitates that properties are strategically priced to align with current market values, as evidenced by a general decline in home values in the broader Murphy area and specific instances of price reductions on active listings. The limited inventory available within The Timbers contributes to the continued perception of competition, but this competition is tempered by a discerning buyer pool.

Comments for Sellers: The current environment requires a highly strategic approach to listing and pricing. The aggressive appreciation rates witnessed in previous years have decelerated, and buyers are no longer consistently willing to pay a premium above fair market value. To achieve an efficient and successful sale, it is critical to ensure the property is impeccably presented and priced correctly from the initial listing date, avoiding the necessity of subsequent price reductions.

Comments for Buyers: The market conditions in The Timbers are more favorable now than they have been in recent cycles. The increased days on market provides a window of opportunity for thorough due diligence, including comprehensive inspections and appraisal contingencies. Furthermore, the softening of the sale-to-list price ratio across the Murphy area indicates that buyers have greater latitude to negotiate on price and terms, allowing for a more advantageous final acquisition.

Ever Want To Know The Current Value Of Your Home? Well Now you Can!

Click HERE

MY SPECIALTY: EXTRAORDINARY SERVICE

Marie Walton, GRI REALTOR & ASSOCIATED BROKER (972) 816-5197 mariewalton@ebby.com View Website Ebby Halliday – North Dallas 16000 Preston Road, Suite 100 Dallas TX 75248

#TX #RealEstate # HomesForSale #DFWRealEstate #NorthTexasHomes #RealEstateTrends #Realtor #RealEstateAgent #BuyerAgent #HouseHunting #HomeBuying #SellerAgent #ListingAgent #SellingMyHouse #HousingMarket #DFWRealty #TexasHomes #RealEstateTrends #MurphyTX #HomesForSaleMurphy #MurphyRealtor #MurphyHomes #RealEstateMurphy #MurphyTX  #DallasSuburb #CollinCounty #MurphyTX  #DFWSuburb

 

#buyeragent #collincounty #DallasSuburb #dfwRealEstate #DFWRealty #DFWSuburb #homebuying #HomesForSaleMurphy #househunting #housingmarket #listingagent #MurphyHomes #MurphyRealtor #murphytx #northtexashomes #realestate #realestateagent #RealEstateMurphy #realestatetrends #realtor #selleragent #sellingmyhouse #TexasHomes #TX

Marie Sells Dallasmariesellsdallas.com@mariesellsdallas.com
2025-10-12

Dallas Area Residential Sales Report – Murphy, Texas

The single-family home market in Murphy, TX, in September 2025 is demonstrating a clear transition from a dominant seller’s environment to a notably more balanced arena. While the market is still classified as somewhat competitive, the fundamental dynamics of the sales process are shifting, signaling a significant recalibration of seller expectations and providing increased opportunities for discerning buyers.

The most prominent change is the marked increase in the average days on market, indicating that properties are requiring a substantially longer duration to finalize a sale compared to the pace observed last year. This extended marketing time suggests a reduction in buyer urgency and a decrease in the prevalence of immediate, multiple-offer scenarios. Concurrently, the overall average home values have seen a slight year-over-year decline, and the sale-to-list price ratio has decreased, revealing that homes are selling, on average, for below the final asking price. This indicates a general softening of pricing power for sellers. Despite these moderating factors, transaction volume has remained steady, or in some views, has increased, confirming that demand for homes in the area is robust, but the available inventory has expanded to meet that demand.

Comments for Sellers: The current environment necessitates a highly strategic and competitive pricing strategy. Given the extended days on market and the lower sale-to-list price ratio, an accurate initial price is critical to avoid subsequent price reductions and market stagnation. Focus must be placed on superior property preparation and professional staging to ensure the listing stands out among the expanding inventory, maximizing the likelihood of a timely and successful transaction.

Comments for Buyers: The present market conditions are highly advantageous. The increase in days on market provides a crucial window for thorough property inspection and confident decision-making, eliminating the pressure of hasty purchases. With homes selling for below list price on average, buyers have genuine leverage to negotiate price, terms, and potential seller-paid concessions, a substantial benefit that was largely absent in the previous year’s highly charged market.

Ever Want To Know The Current Value Of Your Home? Well Now you Can!

Click HERE

 

#buyeragent #collincounty #DallasSuburb #dfwRealEstate #DFWRealty #DFWSuburb #homebuying #HomesForSaleMurphy #househunting #housingmarket #listingagent #MurphyHomes #MurphyRealtor #murphytx #northtexashomes #realestate #realestateagent #RealEstateMurphy #realestatetrends #realtor #selleragent #sellingmyhouse #TexasHomes #TX

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