A caller recently asked why they should hire me. So, this got me thinking that rather than just providing you with my standard report on the market, I should let all of you know my answer as well.
One of the main reasons that sellers and buyers hire me to be their professional real estate agent is because of my expertise in the marketplace. Information is easy to find in today’s world, but my value to you is my ability to disseminate all of this information and more importantly, to include data that is not publicly available. Because of my intimate knowledge, I pride myself on knowing much more than just the features of a home; I know the intricacies of each neighborhood and often times even the history of a property (fire, flood, etc).
Now, let’s take a brief look at what happened this past month in Heartland.
Year-over-year new listings increased in Heartland in December, however, month-over-month listings saw a decrease. There were 19 new listings in Heartland in December 2016, up from 14 new listings in December 2015 and down from the 27 new listings in November 2016.
The average days on market remains extremely low at 13 days in Heartland. The chart below that shows the change in DOM since July 2016.
Heartland, TX December 2016 Sold Homes
Number of sold homes: 23 (Up 109% compared to December 2015)
Median sold price: $205,917 (Up 14% compared to December 2015)
Days on the market: 13 (Down 18 days compared to December 2015)
Heartland, TX December 2016 Single-Family Homes on the Market
New listings: 19 (Up 36% compared to December 2015)
Active listings: 24 (Up 41% compared to December 2015)
Pending sales: 29 (Down 21% compared to December 2015)