What was once considered real estate wisdom – the ideal time to list a home for sale is the traditional spring selling season – is no longer true for North Texas homeowners.
“Year-over-year home sales for January and the current low inventory of homes available to purchase indicate there is no reason to wait until spring to list your home for sale,” says Carolyn Rosson, sales manager of the Southlake office of Ebby Halliday Realtors. “The latest numbers from North Texas Real Estate Information Systems offer a very compelling case for Southlake-area sellers who would like to get a head start on their potential competition.”
A few of the highlights from the NTREIS numbers for Southlake for January 2015 vs. January 2014 include:
• The average list price rose 8.2 percent to $789,900.
• Percent of original list price received was up 2.5 percent to 95.1 percent of asking price.
• The number of homes for sale was up 10.5 percent.
• Finally, closed home sales were up 27.3 percent.
“These numbers make it clear that the winter of 2015 offers the ideal climate in which to list a Southlake-area property for sale,” Rosson says. “Potential sellers should act now to get ahead of the traditional spring market.”
If you’re considering listing your home, call an Ebby Southlake Associate to learn more about the real estate market in your neighborhood and to find out what your home is worth in today’s fast-paced market. For more information on Ebby’s Southlake office, its Associates and listings, call 817-481-5882 or visit southlake.ebby.com.