Cypress, TX- A Sellers Market? I think so!

By
Real Estate Agent with DRM Residential Properties, Inc.

77433 Zip Code
Current Active Listings 592
Price Range 52K-1.298Million
All Pending 135
Price Range 69K-599K
Closings Since 1/23/09 58
Average Sales Price 191K
Average SQFT 2638
Average Days on Market 104
List Price/Sales Price % 95%

 

If you take the Active listings and divide them by the Pending homes plus the sold homes for the last month you get 3.06 months of inventory.  Plus sellers can expect to receive 95% of asking price (when priced correctly), and sell in approximately 104 days.  The nations inventory average is about 10 months.  We have an incredible absorption rate in Cypress, TX.  We are growing pretty quickly!  If you are thinking about selling a home, please contact me today at 713-906-7338! 

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Topic:
Home Selling
Location:
Texas
Tags:
cypress homes for sale
cypress market information
cypress real estate
cypress
tx market report
cy fair schools

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Amanda McCumber

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