Winter 2012 Market Update
Keller is a great city of value that is close to several housing markets that boast an average sales price of $550,000. Keller is also very close to the DFW airport and The Southlake Town Center.

Average Home Price $350,000 - View Graph Trend
Average Price Compared to Last Year Up 0-5%
Average Time on Market 60-90 days
Best Selling Price Range$200,000 - $249,000
Worst Selling Price Range$500,000 - $549,000
Prices As % of Asking Price 95-100%
Existing Home Prices for the past 90 days are?No Change
Market Trend No Change
Buyers’ or Sellers’ Market Equal buyers and sellers
Buyer Activity for the past 90 days in Keller isIncreasing
Seller Activity for the past 90 days in Keller is?Increasing
Multiple Offers?Yes
Multiple Offers CommentaryHomes that are priced well are experiencing multiple offers.
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?0-5%
Is Financing Available For Qualified Buyers?Yes
Comments on Financing For Qualified BuyersYes, financing is available for all buyers...please call Greg Ulrich at 817-800-5626 or apply online at www.applywithgreg.com
Housing Inventory Limited Supply
Inventory CommentsHomes that are listed in certain price ranges (Homes listed over $500,000) are experiencing longer than normal days on market.
Greatest Activity Repeat Buyers
Reason to Buy/Sell Population Growth
Nearest Metro AreaDallas / Fort Worth, TX
Housing Hot SpotsSouthlake & Colleyville
Average Sold Price $350,000 - View Graph Trend

Keller Local News

Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

Click here for full article...
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Mortgage Rates
– Feb 13th, 2012 –
---------------------------------
 30 yr. fixed rate:     3.89%
 15 yr. fixed rate:     3.21%
  30 yr. jumbo rate:  4.60%
  15 yr. jumbo rate:  3.96%

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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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