When is a good time to sell my house?

When is a good time to sell my house?

This is a question that plagues homeowners year after year.  As we cross over into spring, not only does the weather change, but the market often makes a shift as well. 

The most recent market statistics produced through the end of February show the real estate market in NE Tarrant County - including the Alliance Corridor, Keller, Southlake, North Richland Hills, Colleyville and Grapevine are all indicating a seller's market. 

What does that mean? 

These numbers indicate there is less than 5 months of inventory available for buyers.  How does your area look in this market?  Here is a quick breakdown to review:

Alliance Corridor - total of 275 sales with a 7% increase over last year, average sales price is $183,793, which is a 10% increase over last year.  Average days on market are 53 days which is 25% less than the average last year.  Are you looking for a home in the Alliance Corridor?  Search homes here through our website. 

Keller -  total of 85 sales with a 6% decrease over last year, average sales price is $364,406, which is a 16% increase over last year.  Average days on market are 55 days which is 29% less than the average last year.  Are you looking for a home in Keller?  Search homes here through our website. 

Southlake - total of 46 sales with a 13% decrease over last year, average sales price is $772,946, which is a 20% increase over last year.  Average days on market are 76 days which is 15% less than the average last year.  Are you looking for a home in Southlake?  Search homes here through our website. 

North Richland Hills - total of 103 sales with a 4% decrease over last year, average sales price is $170,627, which is a 1% increase over last year.  Average days on market are 57 days which is 19% less than the average last year.  Are you looking for a home in North Richland Hills?  Search homes here through our website. 

Colleyville - total of 36 sales with a 16% increase over last year, average sales price is $636,919, which is a 39% increase over last year.  Average days on market are 110 days which is 4% less than the average last year.  Are you looking for a home in Colleyville?  Search homes here through our website. 

Grapevine - total of 54 sales with a 18% decrease over last year, average sales price is $289,135, which is a 15% increase over last year.  Average days on market are 44 days which is 15% less than the average last year.  Are you looking for a home in Grapevine?  Search homes here through our website. 

Whether it's selling your home or finding a new one, we have designed this site so that you can quickly and easily locate the information you are looking for. The Grove Team's client-centered approach results in the best possible outcome for you. Please contact us now to begin the process of achieving your dreams in home ownership.

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