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First time home buyers signing closing documents in their car! Congratulations Christopher and Tiffany! We were so happy to help you find your first home.
#luxepremierrealty #firsttimehomebuyers
This week's market update continues the trend of another decrease in the number of overall listings. This is the third week in a row that the overall number of homes on the market is down. Add to that fewer new listings coming on the market and the trend of low inventory continues. Fewer homes went under contract this week, however more homes sold. The average days on the market for sold homes was 57 and homes that went under contract this week were on the market for an average of 39 days.
Spotlight Community: Plano, TX
There are 497 homes on the market in Plano with an average list price of $624,385 and an average sales price of $366,731. There is such a disparity because there are currently 56 homes over $1M currently for sale. Those homes have an average of 241 days on the market versus the 62 days on the market for homes under $1M. Properties that have sold in the last 7 days see the same disparities, with homes price under $1M selling on average in 44 days and homes over $1M selling on average in 77 days.
For more information on the market in your neighborhood or city, give me a call at 214-500-3281 or send me a pm. Look forward to your questions.
#knowledgeispower #marketstats #luxepremierrealty
Kelly Pearson Suzanne Swain Shelly Lansdowne Vollmar
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