Sell This Year or Wait Until Next Year?

By
Real Estate Agent with The Good Home Team with eXp Realty TREC# 0549135

Is Now a Great Time To Sell Your Home?


This is one of the top questions I get asked when I am meeting with a potential seller.  I always will answer that if a home is priced right and well taken care of it will sell in any market.  I am currently going over the Collin County May numbers and the numbers look awesome! 

 

So far there have been 34,953 homes sold through the month of May which compared to the same time last years number of 30,286 homes sold (a 15.4% gain!).  The average days on market (the number of days it took to sell a home) are down a 6.4% from 101 days in 2011 to 95 days this year.

 

The big reason why I am urging seller's to get their homes on the market right now is that currently in all of Collin County there is only a 4.3 months supply of inventory available.  The Months Supply of Inventory is a ratio that shows how long it would take to sell the homes that are on the market.  Real Estate Analysts consider 6 months of Supply to be a balanced market... when there is a more than 6 months supply then we are considered to be in a buyer's market (this is what we've experienced the past couple of years), and when it is less than 6 months supply it is consider a Seller's Market


So, from what we are seeing right now the market has shifted from last year being a buyer's market to currently a seller's market in Collin County!  So is it a good time to sell your home right now?  YES!!!!!!

 

Call The Good Home Team today to get your home sold quickly and for top dollar!  972-468-5017 or you can go to our website at www.TheGoodHomeTeam.com 

 

Find out your Home Value By Clicking Here!

 

 

Search Collin County Tx Homes For Sale Here








The Good Home Team with Keller Williams Realty is a top
producing and highly sought after team that services the North Dallas
area including Richardson, Allen, Plano, The Colony, Mckinney, Frisco, Denton, and Fairview Texas.  Contact The Good Home Team by calling 972-468-5017 or visit us on the web at www.TheGoodHomeTeam.com.
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Texas Collin County
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Rainmaker
506,265
Carol Faaland-Kronmaier
Weichert, Realtors; Hillsborough - Hillsborough, NJ
PhD, e-PRO, Manville, Hillsborough, Somerset NJ

Nick, I agree that a "priced right" home will buy or sell well in any market. The interest rates make it a great time to move to a new home!

Jun 18, 2012 07:05 AM #1
Rainmaker
509,187
Daniel J. Brudnok, REALTOR
Berkshire Hathaway Home Services Fox & Roach, REALTORS - Exton - PA License #RS-225179-L / Delaware License #RS-0025038 - Downingtown, PA
SRES, e-PRO,ABR,GREEN,CSP

Nick,

With such a low inventory it certainly makes better sense to jump into the pool.

Jul 23, 2012 07:40 AM #2
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Rainmaker
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Nick Good

www.TheGoodHomeTeam.com
Sell Your Home For Top Dollar in 42 Days or Less GUARANTEED!
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