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Winter 2012 Market Update
Potential buyers who have been on the sidelines are being motivated to take advantage of lower interest rates.
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| Average Home Price | $200,000 - View Graph Trend |
| Average Price Compared to Last Year | About the same |
| Average Time on Market | 60-90 days |
| Prices As % of Asking Price | 95-100% |
| Market Trend | Up from last year |
| Buyers’ or Sellers’ Market | More buyers than sellers |
| Multiple Offers? | No |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | Move-up buyers |
| Reason to Buy/Sell | Mortgage interest rates trending up |
| Nearest Metro Area | Fort Worth, TX |
| Housing Hot Spots | Around TCU in Fort Worth; Colleyville and East Keller for higher end buyers; West Keller in Hwy 35 corridor for moderate buyers. |
| Average Sold Price | $200,000 - View Graph Trend |
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Carol Russo
RE/MAX Masters
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