The Houston Association of Realtors (HAR) has released the MLS statistics for the month of February 2008 for Area 13 which the majority of Area 13 would be considered Spring TX.
The closed sales for February 2008 were 206 which was 7% less than a year ago. The quantity of active listings for Area 13 are 1,652 which is 5% more than a year ago. The average days on market (DOM) remains relatively unchanged from the prior year at 90 days.
The combination of the decrease in closed sales and the increase in inventory over the prior year has added one month to the quantity of months of inventory increasing it to 6.5 months. Over six months of inventory typically is referred to as a buyer’s market.
Although it may be considered a buyer’s market, sellers are not accepting low ball offers as indicated by the percentage of sales price to list price which was 97%.
Low interest rates and a good selection of homes means its now the ideal time for buyers to search Spring Texas homes for sale.
Jill Wente , of Gary Greene realtors in Spring, Tx is one of the more active and up to date... read moreJill Wente , of Gary Greene realtors in Spring, Tx is one of the more active and up to date realtors in the Houston area. Jill came highly reccommended by close friends who also had a stellar experience in their real estate transactions with her. In my case I had already moved from the area, and needed a competant and decated professional who could keep me advised on a timely basis.
Jill Wente's direction on how to prepare the home to attract buyers is invaluable. The result was 6 offers on the house as a result of the first and only open house needed. All offers were above listed price.
Jill Wente's persona shines when it comes to navigating the myriad of details required in the negotiations with several parties. With the backing of her agency, the legalities of the final transaction were handled professionally and properly.
The important thing here for me was Jill Wente's patience with my busy schedule and her help in completing this transaction even though I was not always readily available. I was also able to complete the closing from my new location without returning to Texas.
St. George, Utah read less