Jan 8, 2011

North Dallas market already picking up in 2011

Typically our real estate market picks up after the holidays. And this year it is taking off like a rocket. Here are the numbers:

I'm currently am marketing 5 active listings in MLS and 2 'hip pocket' properties not in MLS. We've had a total of 22 showings this week for these 7 properties. That's an average of 3 showings a week per property. And the day isn't even over yet.

Compare that to 2010, where we averaged about 2 or 3 showings a month for each property. This level of buyer interest beats anything I've seen in the past 2 years. The lease market has been hot and now the selling market is picking up. It will be interesting to see how many offers follow this level of interest.  [where: 75230]

1 comment:

Jeff Duffey said...

agreed! I'm getting offers today on 2 different listings that lingered last year for months with very little showings.