Hey, Houston, are you ready for your Houston Real Estate Market update? This is Natasha Carroll with Natasha Carroll Realty. What an exciting time โฐ it is in the Real Estate Market right now. Wow. It is hot, hot, hot๐ฅ. In all our years of experience, selling homes, Iโve never experienced what weโre seeing at this degree ever. Homes are flying off the shelf. There are bidding wars, multiple offers and giving sellers more leverage ever than before. Buyers are doing things like removing all their contingencies. Theyโre upping their earnest money deposits. Theyโre giving insane rent backs to sellers, not asking for repairs or consolidations. Theyโre doing whatever it takes to get into these Houston homes ๐ก
Letโs look at whatโs happening locally. According to HAR Houston Association of Realtors, single family home sell surge โฌ๏ธ 47.4% in April with 9,105 units sold across the greater Houston area compared to 6,175 sold last year.ย Heavy sales volume among homes at the high end of the market boosts the pricing to record highs. The average days on market ๐ in Houston went from 58 to 40. The national average days on market is currently 21. The average sales price rolls to 371,854, which is a 21% โฌ๏ธ increase from April of 2020. So as you can see, the Houston market is on fire and buyers are in need of properties. If youโre looking to get the most return on your investment and more money ๐ต in your pocket with less hassle thereโs never been a better time. Again. Iโm Natasha Caroll with Natasha Carroll Realty. Have an awesome home buying and selling day.
