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When to list your house?

By karthick_CML

What was once considered real estate wisdom - "The ideal time to list your home for sale is the traditional spring selling season" may no longer be true for North Texas homeowners.

Year-over-year home sales and the current low inventory of homes available to purchase indicate that now may be the perfect time to list your home for sale.

The latest statistics from North Texas Real Estate Information Systems make a compelling case for sellers who would like to get a head start on their potential competition.

A few highlights from the NTREIS numbers for December 2014 versus December 2013 include:

The median sales price for a N. Texas home increased 10.9% to $194,000

The average sale price realized rose to 97% of the asking price

The number of homes for sale was down 20%, with only a 2.5 months' supply of homes on the market

The numbers make it clear that early 2015 truly is an exceptional time to offer a North Texas property for sale. Potential sellers may want to act now to take advantage of current market conditions and get ahead of the traditional spring market.

For more detailed information on the North Texas real estate market, and the advantages it may offer today's sellers, contact the Ebby Halliday real estate professional of your choice, or visit ebby.com.

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