Ahead of the Spring Home Market
Mary Frances is the CEO of Ebby Halliday.
What was once considered real estate wisdom - the ideal time to list your home for sale is the traditional spring selling season - may no longer be true for North Texas homeowners.
Year-over-year home sales for December and the current very low inventory of homes available to purchase indicate there is no reason to wait until spring to list a home for sale.
The latest numbers from North Texas Real Estate Information Systems offer a compelling case for sellers who would like to get a head start on their potential competition.
A few of the highlights from the NTREIS numbers for December 2016 versus December 2015 include:
The average sales price rose 7.4% to $281,596
The number of homes for sale declined 10.5%
The average time a home was on the market fell 4.1% to 47 days
These numbers make it clear that the winter of 2017 offers the ideal climate in which to list a North Texas property for sale. Potential sellers should act now to get ahead of the traditional spring market.
If you're considering selling your home, contact an Ebby Halliday Companies' real estate professional, or visit
ebby.com, daveperrymiller.com
or
williamstrew.com.
Mary Frances
