Selling your house is one of the biggest decisions (and undertakings) you go through as an owner.
In order to keep positive equity, deciding WHEN to sell is just as important as how much you decide to list your property at.
Seeing data and trends make a huge difference so you are informed to capitalize at the right time.
Here are the most important stats for AUGUST in Tarrant, Dallas, and Denton Counties that you should know if you've been thinking of putting your home on the market.
|Avg Days on Market||29|
|Avg Sales Price||$317,873|
|# of Homes For Sale||5,210|
|# of Homes Sold||5,210|
|Avg % of List Price Sold||100.9%|
That means there is only 2.7 months of supply while 6 months supply equals a balanced market - compared to March which was 3.7 months! This means we're in an even stronger seller's market, so if you've thought of selling - now may be the time.
All reports presented are based on data supplied by the NTreisMLS. NTreisMLS does not guarantee or is not in anyway responsible for its accuracy. Data maintained by the NTREISMLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.