We've outsold our biggest year ever! 2012 was our top-selling year with a total of over $143 million... until 2013 came along and despite low inventory, we had over $146 million in home sales!
According to the Dallas Morning News, pre-owned home sales have hit a new record, with a 17% jump in purchases in 2013. North Texas Real Estate Information Systems reports that although the end of the year is usually a slow time for real estate, 2013 proved to be a stronger selling year compared to previous years. In their November 2013 market overview, NTREIS states that new listings, pending sales, and inventory levels were all down; however, median sales prices are up (9.7%), absorption rates have improved, and days on the market are down.
Here are some quick facts from the NTREIS November report:
Ebby's CEO, Mary Francis Burleson, told the Dallas Morning News "We had the best year in our company's 68-year history." We are looking forward to another great year in 2014 - now is the time to list your home! Why work with anyone else when you can work with number one?! To see our aggressive marketing strategies, visit our "Selling Your Home" page, and be sure to check out the latest issue of our magazine online!
Posted by Lauren Martinez in Market Update