Real Estate trends continue to climb for Hunt County. According to the North Texas Real Estate Information Systems the following stats puts the county on a positive trend as compared to June of 2016.
- Listings are up by 16%
- Pending Sales up by 17.8%
- Closed Sales up by 28.4%
- The average sales price for a home is $200,650
- Days on the market is only 37 as compared to last year at 41 days
- Inventory is lower with 284 homes for sale in 2016 and 258 in 2017
While builders in the area are working to catch up with ongoing construction, it is definitely a good time to sell as well. With new listings up year to date this year, closed sales are down. Again due to a lack of inventory. So, if you’re thinking of selling your home, now could be a good time to do so.
Many families who move during the summer do so because they have children who are still in school. Having to go to a new school is always hard on a child, but it can be especially difficult when the move happens right in the middle of the school year. Both parent and child have to adjust to a different school schedule, meet new teachers and make sure that the child is caught up with the rest of their new classmates. A move during the summer eliminates these challenges. Most children don’t go to school during the summer, so they don’t have to worry about transitioning from one classroom environment to another mid-year. They can start school at the same time as the rest of their classmates without having to catch up on recent assignments.
Sources: NTREIS, Rocking E Moving