North Texas Market Sizzles this Summer


Colorful inflatable toys floating in a pool

 

While it’s been warm (well, actually quite hot) in North Texas, summer “officially” begins tomorrow. With sales prices up and not a large number of homes for sale, this summer offers homeowners ideal conditions to sell a home in Dallas-Fort Worth. Competition among buyers is heated and multiple offers are common.

 

Just how hot is the North Texas housing market? Consider this:

 

* The average days a home is on the market is only 47 days.

 

*  The median sales price is up 3.4%.

 

*  The number of homes sold is up 2.7%.

 

If you’re considering listing your home, this summer offers a great opportunity. To get started, discover just the right agent for your residential real estate needs at the award-winning, mobile-friendly ebby.com.

Summer Market Sizzles in North Texas


Summer Market Sizzles in North Texas

 

While it’s been warm (well, actually quite hot) for a while in North Texas, summer “officially” started this past week. With sales prices up and not a large number of homes for sale, this summer offers homeowners ideal conditions to sell a home in Dallas-Fort Worth. Competition among buyers is heated and multiple offers are common.

 

Just how hot is the North Texas housing market? Consider this:

 

* The average days a home is on the market is only 39 days.

 

*  The median sales price is up 4.3%.

 

If you’re considering listing your home, this summer offers a great opportunity. To get started, discover just the right agent for your residential real estate needs at the award-winning, mobile-friendly ebby.com.

Dallas-area Home Price Gains No. 4 Nationwide


Dallas-area Home Price Gains No. 4 Nationwide

 

The Dallas region’s home price gains continue to rank among the hottest in the country, posting an 8.3 percent increase year-over-year in the new Standard & Poor’s/Case-Shiller 20-market comparison. Dallas trailed only Portland, Seattle and Denver in the latest index of rising home values.

 

Nationally, the 20 largest metropolitan cities saw home prices rise 5.1 percent from last year. Dallas was one of 14 cities to post year-over-year gains higher than the national average. Portland and Seattle recorded double-digit increases in July from a year earlier — 12.4 percent and 11.2 percent, respectively.

 

Dallas home prices have been rising between 8 percent and 10 percent annually for more than a year in the Case-Shiller survey. Local prices are at record levels in the widely watched index and are up more than 25 percent from 2007.

 

To determine the value of your North Texas home in today’s competitive market, connect with an Ebby Halliday Realtor. It’s easy. Get started at the award-winning ebby.com.

D-FW Home Sales Hit Record High


D-FW Home Sales Hit Record High

 

Real Estate Reporter Steve Brown over at The Dallas Morning News reports that more homes were sold in North Texas in June than have ever sold in a single month in the region. With 10,575 pre-owned single-family homes changing hands, sales were up 12 percent.

 

Sales prices also hit a new high in June, with a median price of $220,000, according to data from the North Texas Real Estate Information Systems. June’s home prices were 12 percent higher than a year earlier.

 

With pending sales in June up 14 percent, July and August are likely to see continued strong home purchase activity in the Dallas-Fort Worth area.

 

Considering selling your North Texas home? Ebby Halliday’s seasoned sales team is ready to assist. To find just the right agent for your residential real estate needs, visit the award-winning ebby.com.

 

GRAPHIC: The Dallas Morning News