UPDATED MARKET TRENDS 75054 (What is my estate worth 75054)


 I'm happy to present to you our most recent mail out. Enclosed you will see a soft projection of our markets recent trends. This projection will cover properties currently ACTIVE, PENDING and SOLD status within the past 30days. Right now the entire zip code has less than 2 months inventory remaining which would be considered a drastic shortage indicating a sellers market.

The following graph is a year to date projection of the entire 75054 zip code. Note: This covers the market median price range. As you can see it peaked in June due to summer shoppers and September as late shoppers felt the sense of urgency with school beginning. June yielded an a lot of listing while in the month of September inventory was down which drove up prices considerably as supply and demand applied. Now, in the start of Nov less than 2months inventory remain and property "median" values are at a yearly high.

 Many individuals still cling to the thought fall/winter is a bad time to sell when this is far from the truth considering where our current values rest. Why wait to sell until Spring when you have even more competition? Contact me today for a free Selling Guide and Market Assessment of your own property.

Comments

Popular Posts