Despite what you might hear on the news, the real estate market here in North Fort Worth is certainly not all "doom and gloom!" Comparing sales from October 2010 to October 2011, we've seen an INCREASE in the average sales price, sale to list price ratio, and a shortened amount of time on the market.
In October 2010, 108 homes sold in North Fort Worth. They averaged $153K and sold for 96% of the list price, averaging 95 days on the market. In October 2011, 106 homes sold averaging $164K, selling for 97% of the list price within 77 days! This shows signs of improvement in the market.
As a seller, these are certainly more challenging times than a few years ago. However, if you take the right steps by presenting your home in top condition and pricing it realistically for the market, there is a good chance that you will be successful.
Since the market is constantly changing, it’s very important that you select an experienced real estate agent to guide you through the process. For more information on buying or selling Fort Worth real estate (or properties in surrounding areas), please don’t hesitate to call or email me. I’d love the opportunity to be of service!
Thanks,
Megan Phelps
RE/MAX Heritage
817-999-2211
soldbyphelps@aol.com
www.soldbyphelps.com
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