Tuesday, December 18, 2018

How is the Market? We need more information to answer that question

Less than $250K $251K to $400K Over $400K

Starter homes are still in a very strong sellers market. Homes that are listed under $250,000 in the DFW are continuing to sell in about 20 days with less than 2 months supply available. Homes selling between $250,000 and $400,000 are in a moderate sellers market with a current available supply of 3.2 months and selling in just under 30 days. Homes priced over $400,000 are leveling out to a more even market and selling in just over 50 days with 5.5 months supply.A important step in listing your home is knowing the market condition. Don't assume every home in DFW is experiencing the same conditions. When you are ready to determine the perfect plan for your home and situation, give me a call.

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