As the Texas summer gives way to cooler fall temperatures, the North Dallas real estate market is staying hot, hot, hot!
The average Days on Market for properties under $500k is down to just 71 days–a level we have not seen locally since 2005. We listed a property in west Allen on Friday and had seven offers by Monday.
Last year we were telling sellers that it was a price war and a beauty contest. While pricing is less of an issue this year (as long as it’s not above market value), it’s still a beauty contest. Properly prepared and show-ready homes are flying off the market in days.
This is a great time to sell a home. There are plenty of buyers looking for homes and with a short supply of inventory, buyers are “all over” a good-looking property.
We have many resources on our website:
Home Value Request – What’s my home worth?
Looking for an experienced team of agents with a proven track-record to sell your home? Click here.
Feel free to contact us if you have questions or need more information.
Base Photo Licensed from iStockPhoto
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