Sellers may have likely heard much talk of North Texas’ robust housing market. Competition among buyers for well-priced listings is heated, with multiple offers on listed properties common in many area neighborhoods, according to Mary Frances Burleson, president and CEO of Ebby Halliday Realtors.
“With rising sales prices, fewer homes for sale and historically low interest rates, the spring of 2015 is shaping up to be the best time in a long time to sell a home in our area,” Burleson says. “The latest numbers from North Texas Real Estate Information Systems make quite a compelling case for homeowners who are trying to decide whether now is a good time to sell a home in the our area.”
Highlights from the NTREIS numbers for March 2015 vs. March 2014 include:
• The average number of days a home was on the market was up 9 percent, but still was only 68 days.
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• The percent of original list price received was up 0.9% to 98.3% of asking price.
• The average sales price was up 9.5%.
“All indications are now is not just a good time, it’s a great time, to list a home for sale in North Texas,” Burleson says. My advice is simple: Don’t delay. Take advantage of our area’s robust housing market today.”
If someone is considering listing a home, they can contact an Ebby Associate to learn more about the real estate market in their neighborhood and to find out what their home is worth in today’s market. To find the right agent for any residential real estate needs, visit the website voted one of the industry’s best by the Web Marketing Association, ebby.com.
Ebby Halliday is one of the oldest and most respected full-service residential real estate firms in the country. To learn more, visit the award-winning ebby.com.