The Houston Association of Realtors (HAR) has released the MLS statistics for the month of march 2008 for Area 13 which the majority of Area 13 would be considered Spring TX.
The closed sales for March 2008 were 231 which was 16% less than a year ago. The quantity of active listings for Area 13 are 1,717 which is 4% more than a year ago. The average days on market (DOM) remains relatively unchanged from the prior year at 87 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 6.8 months. Over six months of inventory typically is referred to as a buyer’s market.
Although it may be considered a buyer’s market, Spring Texas homes sellers are not accepting low ball offers as indicated by the percentage of sales price to list price which was 96%.
Low interest rates and a good selection of homes means its now the ideal time for buyers to search Spring Texas homes for sale
If you are a seller the increase in inventory / competition means your house needs to put its best impression on to attract those buyers. You must stage your Spring Texas home to capture the buyers attention.
Jill made me feel like we were genuinely in the BEST of hands for the duration of our home sale!... read moreJill made me feel like we were genuinely in the BEST of hands for the duration of our home sale! She is absolutely incredible at her job and we never had to worry about anything because the second we begun to wonder about anything, she already had an email or text on the way to put our minds to rest. :)
I really cannot thank her enough for the amazing job she did with selling my first house. I always felt like she made my husband and I a high priority and I am beyond elated with the impeccable work she did for us to sell our home at full asking price--and SO quickly! Her marketing strategy was for our home was brilliant, the photos she took were exquisite, and her patience with me during this new process was really admirable. I asked many, many questions since I had not sold a home before and I was humbled by the amount of generous time she spent solely answering my lengthy list of questions.
Thank you Jill. You are the BEST realtor. We are so grateful for you! read less