If you live in Collin County and have been considering listing your home, now may be the time. With the number of new listings hitting the market in January 2013 down and the average and median sales prices up, things are looking up for sellers. The number of days on market have decreased pretty significantly, too, so it will likely take a shorter amount of time to sell your home. Yes, the market is definitely different than this time last year. Consider these January 2013 housing statistics reported by the Collin County Association of Realtors:
2013 2012 +/-
New Listings 1,227 1,262 -2.8%
Average Sales Price $247,155 $240,853 +2.6%
Median Sales Price $210,000 $191,600 +9.6%
Days on Market until Sale 71 104 -31.5%
Inventory of Homes for Sale 2,240 3,360 -33.3%
Months Supply of Inventory 2.1 3.8 -44.7%
That is all good news for sellers. With home prices going up, less competition with 1,100 fewer homes on the market than this time last year and the amount of time it’s taking to sell a home being about 1/3 less it’s a really good time to put your home on the market.
For buyers the news isn’t quite so good. You’re going to need to be pre-qualified and ready to move quickly. We’ve been seeing multiple offers for some time now so you must be prepared to compete with others to win the negotiations for that home you’ve got your heart set on.
Whether you’re buying or selling a good realtor can help you navigate these waters to ensure you achieve your Real Estate dreams. Call me, I’d love to help!
Sandy Setliff is a Realtor® with JP and Associates Realtors®. She specializes in residential real estate sales in McKinney, Allen, Frisco, Anna and Melissa, Texas. She can be reached at 214 620 1615/cell, 972 375 9448/office or via email at firstname.lastname@example.org.
Author:Sandy Setliff Phone: 214-620-1615 Dated: February 27th 2013 Views: 2,537 About Sandy: Sandy Setliff, a longtime resident of North Texas, specializes in residential real estate sales in N...
JP And Associates REALTORS (JPAR) is one of the top 100 independently owned brokerages in the US. A full service real estate brokerage firm specializing in real estate sales and marketing services with multiple offices across the US and expanding quickly. JPAR is also one of Real Trends top 500 Brokerages in the US for volume and sales and in the top 1% in the US for sales.
Our mission is to provide extraordinary services and exceed our clients’ expectations by always committing to the highest levels of professionalism, ethics and standards in the real estate industry.
JP and Associates REALTORS is a real estate company with a solid structure and foundation built around service and productivity. We believe in providing a fun and rewarding environment for all our REALTORS® and therefore always ready to support our REALTORs® Associates in any market and in any condition. All our REALTORs® will always strive to close more transactions in a given year than the average REALTOR®. Our goal is to recruit and retain the most professional, better trained REALTORs Associates in the local market.
If you are interested in a new career in real estate or already have a real estate license but wish to learn more about our company please contact us directly to set up an interview. We offer our agents a 100% commission plan, company leads, training and mentoring and coaching from TOP Producers with no office, desk fees or monthly marketing fees ever. We are a full service brokerage at a transaction fee cost.
At JP And Associates REALTORS we strive to exceed our Clients AND our Associates expectations.
General Inquiries: email@example.com
Office Number: 1 (800) 683-5651
Texas Real Estate Commission Consumer Protection Notice
Simply put, equity refers to the value of your home minus the amount o
"Jimmy Hanks is a United States veteran that I know to be a devoted family man that still lives by the warrior ethos and values of the United States Army. He will always place the mission first, he will never accept defeat, He will never quit and he will never leave a fallen comrade. He applies those values in his civilian life today by being involved in his community and making a difference. I am proud to call him a fellow veteran and a friend! "