Mansfield, Texas - Zip Code 76063 - Real Estate Market Report - September, 2010

By
Real Estate Agent with Broker, Dills Real Estate

Mansfield, Texas - Zip Code 76063 - Real Estate Market Report - September, 2010

FYI: This city/zip code/neighborhood is on the southeast side of Tarrant County and is mostly made up of the city known as Mansfield.  Easily accessible via I-20 East and 287 South from Fort Worth or I-20 West and 287 South from Dallas.

Warning - All Real Estate Is Local:

As a buyer or seller in the Mansfield residential real estate market, it's important to be aware of current market conditions and recent trends in order to make the most informed decisions; most media reports focus on general (read - national) market conditions and, therefore, will not provide the most accurate picture of the local Mansfield, Texas real estate market.

Market Summary:

Homes sold = 52

There were 52 homes sold during the month of September which down a little from the 65 per month pace reported in the previous July/August report AND is way down from the 82 homes sold in September of 2009. 

Days on the market = 92  

Average List Price (of sold homes) = $194,883

Average Sale Price (of sold homes) = $189,994

Sales Price to List Price Ratio (SP/LP) = 97.5%

Sold Statistics Table:

SLD - 52 Properties Found

Square Feet

Bedrooms Full Baths Half Baths List Price Sale Price Price per Square Foot Days on Market
Min 983
2
1
0
$36,900
$27,000
$27
9
Avg 2526
3
2
0
$194,883
$189,944
$75
92
Max 4717
5
4
1
$599,000
$579,000
$144
382
 

Links to previous Market Reports:

Mansfield, Texas - Zip Code 76063 - Real Estate Market Report - July/August, 2010

Statistics Disclaimer:

The above statistics were obtained via the North Texas Real Estate Information System (NTREIS).  The data is believed to be reliable but is not guaranteed.  Private sales are not included in these statistics.

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For Further Assistance:

If I can provide more information about real estate in general and the local housing market in particular in Fort Worth and the surrounding areas, or otherwise assist you, your friends or family in a home search, please contact me by phone or text at (817) 495-8028 or email me at Kent@KentDills.com

Serving Fort Worth, Benbrook, Aledo, Arlington, Mansfield, Keller, NRH, Hurst, Euless, Bedford

 Search For Homes In Fort Worth/Dallas

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Topic:
Real Estate Market Trends
Location:
Texas Tarrant County Mansfield
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Tags:
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Comments 6 New Comment

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Rainmaker
122,426
Kent Dills
Real Estate 817-495-8028, Bellingham, Washington
Broker, Dills Real Estate

Renee, thanks for stopping by and commenting.  I have noticed that the absorbsion rate on most of the communities you do market reports is at or less than 4 months.  So, in that respect the do look fairly similar!  ;-)

October 05, 2010 08:30 PM
Rainmaker
279,302
Gail C. Harris
Reach the BEACH with Gail C. Harris (cell: 703.868
Resource Network, LLC SFR, AHWD, ACRE, SMAR Board Director

Our figures back here in the Mid Atlantic area are a little better than our statistics.  Thanks for sharing.

October 12, 2010 10:13 PM
Rainmaker
122,426
Kent Dills
Real Estate 817-495-8028, Bellingham, Washington
Broker, Dills Real Estate

Gail, I'm not sure I understand what you mean when you say your figures are a little better than your statistics.  Can you please clarify!?

October 13, 2010 08:41 PM
Anonymous #5
Anonymous
Tom

Now that we are in March, how are things looking?  Is it a good time to sell in Mansfield?

March 09, 2011 08:54 AM
Rainmaker
122,426
Kent Dills
Real Estate 817-495-8028, Bellingham, Washington
Broker, Dills Real Estate

Tom,

The old saying goes in real estate that everything is local.  So, it's really hard to give a general assessment of Mansfield overall.  Pricing is really very much specific to each neighborhood/subdivision.

That said, we're really moving into the time of year when most properties are listing and sold (i.e., spring and early summer).  So now would be the time of year when demand and prices usually goes up.

Additionally, there are always the standard things sellers can do to try to get top dollar which are:

1. Get things really cleaned up!

2. Put on a fresh coat of paint if needed (indoors or out).

3. Consult with a staging specialist.  Sellers really get a big bang for there buck here if trying to get max sales price.

Give me a call, shoot me an email, or simply respond to this blog post with neighborhood info and I can get much more specific with you if that would help you.

Kent

March 09, 2011 02:46 PM
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Rainmaker
122,426

Kent Dills

Real Estate 817-495-8028, Bellingham, Washington
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