Homes are Selling More Quickly

Homes are Selling More Quickly

Good news for Home Sellers! According to the National Association of Realtors (NAR), typical amount of time it takes to sell a home is down 29.6 or from 98 days in July of 2011 to 69 days in 2012. Also, inventory of homes on the market is shrinking as you would correspondingly expect. At the end of July, there was a 6.4 month suuply of homes on the market which is 31.2 lower than a year ago when it stood at a 9.3 month supply. According to NAR, in more balanced conditions as we are seeing, home prices should rise 4.5 to 5 % this year and about 5% in 2013. This shows that the market has improved since last year and is projected to improve into next year. Now may be the time to get off the sidelines and into the game if you have a house to sell. Please call me at 915-740-3632 or email me at david@exitwestrealty.com. I will be glad to help and get your home sold!


David McKay Headshot
Author:
Phone: 915-740-3632
Dated: September 6th 2012
Views: 2,734
About David: I have been with Exit West Realty since 2010 and prior to that have had 14 years of sales experience...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

May 7 2017 1332 1 - First Quarter numbers for the El
Hidden Mickeys On My Landscapping -  If you clicked on this you&
The Stress On Pets When You Move -  love my dogs! But after all
Home Sales Rebound - Pending home sales rebounded last

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Exit Realty El Paso
299 Shadow Mountain
El Paso, TX
915-209-4787
915-585-9599

Other Locations