The North Dallas Market is Hot, Hot, Hot!

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?

Seller Tips

Are You Show Ready?

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 

About Tom Branch

Tom Branch has written 597 posts in this blog.

Have you ever just met someone, but felt you like you'd known him for years? That's what most people experience with Tom. He has a knack for making folks feel right at home. After 21 years in the Air Force, loyalty and honesty are the foundation of everything Tom does. In addition to being a Texas Real Estate Broker, Tom is a Certified Distressed Property Expert (CDPE) and a Short Sales & Foreclosure Resource (SFR).

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