More Than One In 10 Dallas Area Houses Sells Within 72 Hours

More Than One In 10 Dallas Area Houses Sells Within 72 Hours

If you plan to sell your house this spring, you’d better be ready to move. More than one in 10 houses that are put on the market in the Dallas area have a buyer within three days of the sign going up, according to a new report by Redfin.com. And almost 40 percent of Dallas-area houses sell within two weeks, the Internet real estate marketing company reports.

In Austin, more than 20 percent of houses are under contract to sell within the first three days of listing.The fastest selling market is Denver, where more than 27 percent of houses sell with 72 hours of hitting the market.On average it takes 60 days to sell a house in North Texas.But local real estate agents say many houses go much quicker.“From what I hear, this is true for most areas in and around Dallas and North Texas,” said Becky Connatser with Dave Perry-Miller & Associates. “We’re also still seeing multiple offers on lots of properties.”This spring’s Dallas home market is even more frantic that last year, agents say.“It’s insane,” said Scott Schueler with Keller Williams Realty. “They are moving super quick.“Sellers price it at the top end of the comparable sales and still get multiple offers, beyond anyone’s expectations.”

The number of houses for sale by real estate agents in North Texas is down about 12 percent this year from 2013. And last year was one of the tightest housing markets on records.At the end of March, there was only a 2.6-month inventory of preowned houses listed for sale with real estate agents – less than have the “normal” rate in North Texas." Steve Brown, Dallas  Morning News 

This number is far greater in the Frisco, Plano, McKinney and Allen areas.  Houses have multiple offers in hours and are selling way over asking price.  I wrote eight offers for one client before getting one accepted.  Seller's have gotten picky and are even expecting buyers to forego a home warranty, pay for title policy and to waive their right to terminate even if the house doesn't appraise.  My last accepted offer was $20k over list.  Luckily, it appraised.  Until more sellers are ready to sell or the pent up demand by buyers lessens, the prices will continue to rise, the bidding wars will remain and houses will continue to sell in less then 24 hours in our area.

Sherry M. Cabrera,
 Realtor®
JP & Associates, Realtors
1700 Tennyson Parkway 
| Suite 170 | Plano, TX 75024 
tel (214) 454-6969


website |  vCard |  email


Deborah Boyd Headshot
Author:
Phone: 940-368-1306
Dated: April 29th 2014
Views: 927
About Deborah: My family has lived in North Texas for generations so I personally know the residential areas of Fri...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

How To Decorate A New Home On A Tight Budget - You’ve just purchased a new
How Much Equity You Have In Your Home - CoreLogic’s latest 
Owning A Home Is A Good Financial Investment - Homeownership Is a Good
Demand High As Mortgage Rates Remain Low - According to the Mortgage Bankers

Our Bloggers

The Doyle Team * - 2
Comprar Casa DFW * - 2
Gabrielle Armstrong - 5
Cara Balderas - 50
Tami Bennett - 45
Justin Blackburn - 1
Jessica Boozer - 18
Rhonda Borgne - 1
Olivia Borowski - 1
Jennifer Boyd - 2
Deborah Boyd - 390
Jamie Brannagan - 1
Kathryn Brick - 1
Annette Bruen - 20
Moira Brunken - 18
Beverly Bryant - 23
Ana Cantu - 1
Lisa Cardillo - 53
Bob Cardillo - 4
Lucina Cervantes - 11
Gregory Cornett - 2
Angela Cotten - 85
Missie Craig - 12
Greg Cunningham - 2
Sarah Dieter - 9
Belinda Duff - 5
Leah Ecob - 15
Kristine Edens - 3
Jill Elliott - 99
Laneal Ernest - 9
Nicole Espinosa - 27
Christopher Evans - 1
Heather Feragotti - 8
Mark Fischer - 2
Susan Florsch - 12
Jennifer Flynn - 9
Leslie Fogle - 101
Larry Frassinelli - 6
Chad Gabriel - 58
Shalee Garza - 10
Timothy Gilliam - 2
Christina Gonzalez - 5
Wilma Goodwin - 2
William Graves - 5
Kristen Henderson - 1
Beth Herr - 1
Hunter Howard - 1
Sandra Hunt - 89
Bill Hurd - 3
Gary Hutchings - 20
Rachel Jama - 47
Trenton Johnson - 15
Felicia Johnson - 79
Dakota Joyner - 8
Jemi Khan - 26
Leigh Klotz - 5
Amber L Johnson - 9
Michele Lafortune - 22
Wanda Lewis - 2
Stacy Lynn Massar - 27
Jennifer Menting - 17
Mikki Migis - 8
Richard Mikus - 1
Sean Moniri - 21
Naddia Morales - 10
Keith Moses - 9
Mark Mulch - 19
Erick Murphy - 6
Steve Murray - 1
Julie Nicholson - 10
Nikki Okpuzor - 3
Alan Oliver - 7
Kelly Oltmann - 4
Kaysone Orlando - 1
Holli Paddio - 3
JP Piccinini - 50
Julie Ann Pickering - 85
Ann-Marie Pope - 2
John Priestash - 19
Joshua Putman - 111
Mimi Rader - 1
Shelia Randolph - 33
Teneka Ray - 1
Go 2 Girls Realty - 173
Bethany Rowan - 15
Kristi Roy - 1
Kelly Rumney - 9
Amy Jo Saenz - 3
Linda Scardis - 4
Sandy Setliff - 215
Christine Shannon - 30
Rene Sinclair - 27
Shelby Smith - 3
Bryce Smith - 5
Monica Solkhon - 1
Rodrigo Sotomayor - 16
Jenna Stanley - 9
Tim Stoll - 19
Kelley Stubbs - 3
Melodie Sulgrove - 1
Seana Taylor - 208
Mary Taylor - 14
Kevin Taylor - 15
Julian Taylor - 17
Erica Taylor - 54
Angela Taylor - 1
Karla Terrell - 2
Joey Thomas - 2
Michele Thompson - 6
Jason Todd - 24
Andrea Trimble - 55
Sarah Uber - 1
Diane Velez - 17
Debbie Viverito - 132
Nick Walton - 75
Spring Weeks - 9
Clint White - 2
Michael Worley - 161
Martina Worley - 2
Keisha York - 30
Audra Young - 1
Debbie Zurita - 17

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

JP And Associates REALTORS
6175 Main Street #355 Frisco Texas 75034
Frisco, TX
972-375-9448
4692875503

Other Locations