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North Texas Real Estate Market Update As Of 1/21/19

By
Real Estate Agent 0488515

Excited to see what the market will do this week.  Here is a market update for North Texas area,

New listing 104

Back on market listings 24

Price decrease listings 91

Price Increase listings 10

Active kick out listings 1

Active option contract 146

Active contingent listings 19

Pending listings 156

Sold 51

Expired listings 40

Cancelled listings 17

Withdrawn listings 1

Temporary off market listings 25

Coming soon 12

Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Richard. In your daily reports it is interesting how many price adjustments there are. Are sellers waking up to how pricing works? Enjoy your day! 

Jan 21, 2019 04:41 AM
Peter Mohylsky, Destin BeachPro
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

Interesting facts here,  all today’s information?

Jan 21, 2019 04:42 AM
Richard Weeks
Dallas, TX
REALTOR®, Broker

Peter,

Yes number for today.

Jan 21, 2019 05:39 AM
Richard Weeks
Dallas, TX
REALTOR®, Broker

Wayne,

I think you are correct.  Sellers who are not priced correctly are taking price reductions.

 

Jan 21, 2019 05:40 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Richard.  Thanks for keeping us updated about the North Texas real estate market.

Jan 21, 2019 06:35 AM
Steffy Hristova
HomeSmart Elite Group Tempe AZ Tel: 602.710.8161 - Tempe, AZ
Tempe AZ Realtor - Your Home Close to Your Work!

Hi Richard,

Interesting numbers. It seems that Buyers are having a lot of choices. We don't have a status "Active Kick out" - it's a funny name.

Jan 21, 2019 10:26 AM
Barbara Michaluk
Weichert Realtors | Phone Direct 240-506-2434 | 301-681-0550 office - Silver Spring, MD
Leisure World Specialist / Full Service REALTOR

Richard, thanks for sharing this update on your market. It's interesting how many priced adjustments and back on market there are.

Jan 21, 2019 10:49 AM
Richard Weeks
Dallas, TX
REALTOR®, Broker

Thanks Gabe

Jan 21, 2019 01:18 PM
Richard Weeks
Dallas, TX
REALTOR®, Broker

Barbara,

Thanks for your comments.

Jan 21, 2019 01:18 PM
Richard Weeks
Dallas, TX
REALTOR®, Broker

Steffy

AKO not  used that often.

Jan 21, 2019 01:19 PM