First off, home prices! 💰📈 They're still on the rise, now reaching $191 per square foot compared to $189 per square foot in February. 📈💲 This steady increase reflects the strong demand and robust activity in the market, making it an ideal time for sellers to capitalize on their property's value. 💼🔑
But that's not all! Median days on the market are dropping significantly, down to just 28 days from 40 days in February. ⏳🏡 This rapid decrease indicates a sense of urgency among buyers, highlighting the need for swift action in today's competitive market. 🚀💼
Now, let's talk inventory! 📦🔍 The number of homes for sale has surged to 31,421, up from 25,111 in March last year. 📈🏘️ Additionally, the month's supply of inventory has risen to 3.4, compared to 2.6 last March. 📊🏡 This increase in available properties provides buyers with more options to choose from, promoting a healthy and balanced market environment. 💡🏠
Whether you're looking to buy, sell, or invest, understanding these market trends is essential for making informed decisions. 💼🌐 If you're considering entering the real estate market, now's the time to act! 📈🔑
Ready to take the next step? Contact me today to discuss your real estate goals and how we can achieve them together! 📞🏡 #NorthTexasRealEstate #MarketUpdate #HomePrices #MedianDaysOnMarket #Inventory #RealEstateData #PropertyMarket #Homebuying #Homeselling #TexasHousing #MarketInsights 📊🔑
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bret@homeswithmerit.com 214-315-9465
Broker brokerage services. Bret Wilson, License 0606304 Merit Homes. |
