Does the current home selling market favor buyers or seller? Sources may give you different information but here are the facts:
The North Texas Real Estate Information
System (NTREIS) reports 6,676 sales for the first two
months in 2011. This is down somewhat from the same
period in 2010, with a total dollar volume exceeding
$1.28 billion, a 6 percent decrease from the previous
year.
Pricing however experienced an
8 percent increase over the average price range and
a 5 percent increase over the median price range. The
amount of time on the market that the properties were
listed averaged 97 days.
With the above information and interest rates at an all-time low, the DFW metroplex housing market is healthy. National publications continuously rank DFW as one of the top metro areas to purchase a home.
Remember, all real estate is local.
View
DFW Real Estate Market Stats
s
|
