Keller Real Estate Market Conditions & Reports, Keller Market Trends, Texas

Market Commentary Provided by Mary Ann Byrns
Good interest rates

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Mary Ann Byrns
RE/MAX Masters
Southlake, Texas
(817) 975-6617
mbyrns@remax.net
Agent Home Page

Nearest Metro Area

Dallas / Fort Worth, TX

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

0-30 days

Market Trend

Increasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$350,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Up 5-6%

Prices As % of Asking Price

97-100%

Multiple Offers?

Yes

Greatest Activity

Single-Family Homes, Move-Up Buyers and Relocation

Buyer Activity for the past 90 days in Keller is

Seller Activity for the past 90 days in Keller is

Is Financing Available For Qualified Buyers in Keller?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Entire area

Reason to Buy/Sell

Good economic news

Average Sold Price

$350,000 - View Graph Trend

National Real Estate Market

Local Summary: Unlike many other markets across the country, the supply of available housing is good. Sellers are receiving multiple offers at or very close to asking price.

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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