When is the right time to list a home in Dallas-Fort Worth? Simply put, NOW!
How hot is the North Texas market? Check out these year-over-year numbers for March from North Texas Real Estate Information Systems:
* Average days on the market were down 22.9% to 64 days.
* Median sales price was up 9.7%.
* Percent of original list price received was up 1.6% to 95.2% of asking price.
* Finally, closed sales were up 11.1%.
With rising sales prices, few homes for sale and interest rates still at historic lows, the spring of 2014 offers the ideal conditions to sell a home in D-FW. Competition among buyers for well-priced listings is heated, with multiple offers on properties common in many area neighborhoods.
To learn more about the market in your neighborhood, contact an Ebby Associate today. To get started, visit the award-winning ebby.com.
North Texas home sales prices jumped by 13 percent in February over the same month last year.
Real estate agents sold 5,495 pre-owned North Texas homes last month – a 2 percent increase from February 2013, according to data from the Real Estate Center at Texas A&M University and North Texas Real Estate information Systems, Inc.
February’s home sales gain comes after a 1 percent drop in January from the previous year. That was the first dip in year-over-year pre-owned home sales in the area since early 2010. Notably, the inventory of homes for sale in North Texas in February was 12 percent lower than a year ago.
The number of houses listed for sale with North Texas Realtors in January — 19,090 properties — was the lowest inventory of homes on the market in almost 10 years. There were 13 percent fewer houses for sale in North Texas than in January 2013, according to data from the Real Estate Center at Texas A&M University and North Texas Real Estate Information Systems.
In January, there was a record low 2.6-month supply of homes offered for sale by real estate agents in North Texas. That’s approximately half the home inventory that North Texas had in early 2012.
The tight housing market is placing upward pressure on prices. Median home sales prices in North Texas in January rose 10 percent from a year ago to $165,000.
If you are considering listing your North Texas home for sale, Ebby Halliday Realtors offers a track record of success – more than 19,500 home sales in 2013 alone. To get started, visit the award-winning ebby.com.
What was once considered real estate wisdom – the ideal time to list a home for sale is the traditional spring selling season – is no longer true in North Texas.
Year-over-year home sales for January and the very low inventory of homes available to purchase mean now is a great time to list a home for sale in Dallas-Fort Worth. Just-released numbers from North Texas Real Estate Information Systems make a compelling case for savvy sellers who want to get a head start on the spring selling season’s increased competition:
* Days on Market were down 16.8% to 73 days on average.
* Percent of original list price received was up 1.2% to 94.3% of asking price.
* The number of homes for sale was down 15.5%.
* Finally, the median sales price for a North Texas home wasup 9.7%.
If you’re considering listing your home for sale, now is the time to take action. To get started, visit the award-winning ebby.com.
It’s incredible, but true. The average time to sell a home in North Texas in 2013 was only 57 days. And, to top it off, Dallas-area home prices saw a record 9.94% increase in November, according to the just-released Standard & Poor’s/Case-Shiller Home Price Index.
Simply put, if you’re considering selling your North Texas home, now is the time to act. To find out what your property is worth — and to get ahead of the traditional spring market and the increased competition it will undoubtedly bring — contact an Ebby Associate today.
To find just the right agent for all of your residential real estate needs, visit the best address in real estate, ebby.com.
We have great economic news today for all North Texans. Residential real estate sales at the Ebby Halliday Companies, which includes Ebby Halliday Realtors and Dave Perry-Miller & Associates, topped $6.4 billion in 2013. That’s a record in our 68-year history and, remarkably, is a 25 percent increase over 2012.
“We are so grateful to our valued clients – both home buyers and sellers – who have entrusted us with one of the largest financial transactions of their lifetime,” says Mary Frances Burleson, president and CEO of the Ebby Halliday Companies. “Sales records of this magnitude reflect the exceptional performance of our more than 1,500 Associates. We are so pleased to recognize their professional accomplishment and success – they are the reason the Ebby Halliday Companies lead the North Texas real estate market.”
Thank you Mary Frances. We couldn’t have said it any better!
To learn more about Ebby Halliday Realtors, its Associates and listings, visit ebby.com. For more information about Dave Perry-Miller & Associates, its Associates and listings, visit daveperrymiller.com.