One of the first things a buyer will ask me about a Spring Texas house is “How many days has it been on the market?”
Days on Market (DOM) is a measurement of time. It represents the number of days a house has been listed as Active on the Spring Texas real estate market.
If the house has been on the market for a short time, buyers believe the sellers will not be willing to take much less than the list price.
But if the house has been on the market for a long time, buyers believe the sellers must be ready to sell and will take significantly less than the list price. Buyers also believe that if the house has been on the market for a long time then there surely must be something wrong with the house. Both of these assumptions can be WRONG!
There are many reasons that a house can linger on the market for a long time including:
Just because a house has languished on the Spring Texas real estate market for a long time doesn’t mean it’s a bad house. It just means it had a problem that it had to overcome before it would sell.
BTW: Current days on market for Spring Texas houses (MLS area 13) is 76 days.
My family and I have moved many times and have had several realtors in various locations. Jill Wente is hands... read moreMy family and I have moved many times and have had several realtors in various locations. Jill Wente is hands down the best real estate agent in Spring Texas and certainly the best we have ever used. She has represented us as a buyer and seller and then most recently a buyer again the Spring TX area. She helped us figure out what would fit our needs today and what our needs would be 5 and 10 years from now. She was always thinking about future resale value and guided us in the process of making a wise financial decision. She negotiated hard for us and treated our money as if it was her money. She was always available and worked around our schedule. If you are looking for someone with unparalleled knowledge of the Spring TX area look no further, she’s the one you want on your side. I LOVE our new home but if I ever move again, Jill Wente will be who I call. read less