North Texas Area
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Kaufman County
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Rockwall-Hunt Counties
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What’s your home really worth in today’s market?
That's really the question you should be asking yourself.
Our market is incredibly diverse, and rapidly changing. Values vary not just by neighborhood, but by street. Your home isn't necessarily worth what your neighbors’ home is. At the end of the day, it’s the current market that sets the value of your home.
So, do you know what your home is worth in today's market?
I can help...
Contact me for a confidential, no obligation assessment of your home's value.
What Is Going on with Mortgage Rates?
You June have heard mortgage rates are going to stay a bit higher for longer than originally expected. And if you’re wondering why, the answer lies in the latest economic data. Here’s a quick overview of what’s happening with mortgage rates and what experts say is ahead.
Economic Factors That Impact Mortgage Rates
When it comes to mortgage rates, things like the job market, the pace of inflation, consumer spending, geopolitical uncertainty, and more all have an impact. Another factor at play is the Federal Reserve (the Fed) and its decisions on monetary policy. And that’s what you June be hearing a lot about right now. Here’s why.
The Fed decided to start raising the Federal Funds Rate to try to slow down the economy (and inflation) in early 2022. That rate impacts how much it costs banks to borrow money from each other. It doesn’t determine mortgage rates, but mortgage rates do respond when this happens. And that’s when mortgage rates started to really climb.
55 gs Supply
1,488 Closed Sales
$520K Median Sales Price
1% e List Price
11 Not Price Reduced Days on Market
Detached Residential Homes and Condo/Townhome Residences. Data be accurate but is not warranted. ©2024 ChartMaster Services, LLC. All This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions June be directed to Keller Williams Legacy. TREC# Copyright Keller Williams Legacy 2024. Each office is independently owned
County
MAY 2023 - MAY 2024
NGS
CLOSED SALES
tial Homes
ear-over-year. t available
omes
ear-over-year. t available
Median Sales Price
Detached Residential Homes
The median sales price was $520k as of May 2024
Condos & Townhomes
The median sales price was $407k as of May 2024
*Note: Some historical data not available
Not PR Days On the Market
Single-Family Homes
There was an average of 11 days on the market, without price reduction, as of May 2024
Condos & Townhomes
There was an average of 21 days on the market, without price reduction, as of May 2024
*Note: Some historical data not available
35 1% of homes sold above their list price in May 2024
Condos & Townhomes
21.6% of homes sold above their list price in May 2024.
*Note: Some historical data not available
Dallas
What's in the D data?
The market for detach
1,692 closed sales at a 37% of properties sold was a total of 2,416 ne month supply with an a market without price re
The market for condo
362 closed sales at a m 24 6% of properties so There were 567 new lis month supply with an a market without price re
Residential Homes
2,416 New Listings
1,692 Closed Sales
2.3 Months of Supply
$390K Median Sales Price
37% Sold Above List Price
10 Not Price Reduced Days on Market
NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2024 ChartMaster Services, LLC. All rights reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions June be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2024. Each office is independently owned and operated.
567 New Listings
3.2 Months of Supply $370K Median Sales Price 24.6% Sold Above List Price 15 Not Price Reduced Days on Market 362 Closed Sales
, y y
*Note: Some historical data not available
Median
Sales Price
Detached Residential Homes
Condos & Townhomes
The median sales price was $370k as of May 2024
*Note: Some historical data not available
The median sales price was $390k as of May 2024 May2023Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023Jan2024Feb2024Mar2024Apr2024May2024
Not PR Days On the Market
Single-Family Homes
There was an average of 10 days on the market, without price reduction, as of May 2024
Condos & Townhomes
There was an average of 15 days on the market, without price reduction, as of May 2024
*Note: Some historical data not available
Detached Residential Homes
37% of homes sold above their list price in May 2024
Condos & Townhomes
24.6% of homes sold above their list price in May 2024.
*Note: Some historical data not available
Dent
What's in th data?
The market for de 1,363 closed sale
36.3% of properti There was a total 2.3-month supply the market witho
The market for co closed sales at a of properties sold were 64 new listin with an average o price reduction.
1,959 New Listings
1,363 Closed Sales
2.3 Months of Supply
$485K Median Sales Price
36.3% Sold Above List Price
11 Not Price Reduced Days on Market
NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2024 ChartMaster Services, LLC. All rights reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions June be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2024. Each office is independently owned and operated.
3.4 Months of Supply $426K Median Sales Price 25%
Sold Above List Price 14 Not Price Reduced Days on Market 48 Closed Sales
, y y
*Note: Some historical data not available
Apr2024 May2024 Apr2024 May2024Median
Sales Price
Detached Residential Homes
Condos & Townhomes
The median sales price was $426k as of May 2024
*Note: Some historical data not available
The median sales price was $485k as of May 2024 May2023Jun2023
36 3% of homes sold above their list price in May 2024
Condos & Townhomes
25% of homes sold above their list price in May 2024.
*Note: Some historical data not available
Not PR Days On the Market
Single-Family Homes
There was an average of 11 days on the market, without price reduction, as of May 2024
Condos & Townhomes
There was an average of 14 days on the market, without price reduction, as of May 2024
*Note: Some historical data not available
Detached Residential Homes
130 New Listings
87 Closed Sales
4.2 Months of Supply
$240K Median Sales Price
12.6% Sold Above List Price
14 Not Price Reduced Days on Market
NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2024 ChartMaster Services, LLC. All rights reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions June be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2024. Each office is independently owned and operated.
CONDO
Condo & Townhomes
No data for this month.
*Note: Some historical data not available
Median Sales Price
Detached Residential Homes
Condos & Townhomes
No data for this month
*Note: Some historical data not available
The median sales price was $240k as of May 2024 May2023Jun2023
12 6% of homes sold above their list price in May 2024
Condos & Townhomes
No data for this month.
*Note: Some historical data not available
Not PR Days On the Market
Single-Family Homes
There was an average of 14 days on the market, without price reduction, as of May 2024
Condos & Townhomes
No data for this month
*Note: Some historical data not available
Gra Co
What's data?
The market closed sale 23.7% of pr
There was 4 7-month the market
There was this month
329 New Listings
207 Closed Sales
4.7 Months of Supply
$315K Median Sales Price 23.7% Sold Above List Price
17 Not Price Reduced Days on Market
NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2024 ChartMaster Services, LLC. All rights reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions June be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2024. Each office is independently owned and operated.
CONDO
Condo & Townhomes
No data for this month.
, y y
*Note: Some historical data not available
Median Sales Price
Detached Residential Homes
The median sales price was $315k as of May 2024
Condos & Townhomes
No data for this month
*Note: Some historical data not available
May2023Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023Jan2024Feb2024Mar2024Apr2024May2024
Not PR Days On the Market
Single-Family Homes
There was an average of 17 days on the market, without price reduction, as of May 2024
Condos & Townhomes
No data for this month
*Note: Some historical data not available
Sold Above List Price
Detached Residential Homes
23 7% of homes sold above their list price in May 2024
Condos & Townhomes
No data for this month.
*Note: Some historical data not available
Kauf Coun
What's in t data?
The market for d closed sales at a 18.8% of propert There was a tota 3 8-month suppl the market witho
There was no da this month.
621 New Listings
345 Closed Sales
3.8 Months of Supply
$326K Median Sales Price
18.8% Sold Above List Price
20 Not Price Reduced Days on Market
NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2024 ChartMaster Services, LLC. All rights reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions June be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2024. Each office is independently owned and operated.
CONDO
Condo & Townhomes
No data for this month.
Kaufman County
MAY 2023 - MAY 2024
Detached Residential Homes
Last 12 months, year-over-year.
*Note: Some historical data not available
Condos & Townhomes
Last 12 months, year-over-year.
*Note: Some historical data not available
Median
Sales Price
Detached Residential Homes
The median sales price was $326k as of May 2024
Condos & Townhomes
No data for this month
*Note: Some historical data not available
May2023Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023Jan2024Feb2024Mar2024Apr2024May2024
Not PR Days On the Market
Single-Family Homes
There was an average of 20 days on the market, without price reduction, as of May 2024
Condos & Townhomes
No data for this month
*Note: Some historical data not available
Detached Residential Homes
18 8% of homes sold above their list price in May 2024
Condos & Townhomes
No data for this month.
*Note: Some historical data not available
Rockwall-Hunt Counties
What's in the Rockwall-Hunt Counties data?
The market for detached residential units saw 390 closed sales at a median price of $358k and 20.3% of properties sold above their list price. There was a total of 622 new listings, providing a 3 7-month supply with an average of 20 days on the market without price reduction.
There was no data for condo and townhome units this month.
622 New Listings
390 Closed Sales
3.7 Months of Supply
$358K Median Sales Price
20.3% Sold Above List Price
20 Not Price Reduced Days on Market
NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2024 ChartMaster Services, LLC. All rights reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions June be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2024. Each office is independently owned and operated.
CONDO
Condo & Townhomes
No data for this month.
*Note: Some historical data not available
Median Sales Price
Detached Residential Homes
The median sales price was $358k as of May 2024
Condos & Townhomes
No data for this month
*Note: Some historical data not available
Not PR Days On the Market
Single-Family Homes
There was an average of 20 days on the market, without price reduction, as of May 2024
Condos & Townhomes
No data for this month
*Note: Some historical data not available
Sold Above List Price
Detached Residential Homes
20 3% of homes sold above their list price in May 2024
Condos & Townhomes
No data for this month.
*Note: Some historical data not available
Tarra
What's in th data?
The market for de 2,120 closed sale
38.1% of properti
There was a total 2.2-month supply the market witho
The market for co closed sales at a 26 6% of properti
There were 165 n supply with an av without price red
2,974 New Listings
2,120 Closed Sales
2.2 Months of Supply
$355K Median Sales Price
38.1% Sold Above List Price
11 Not Price Reduced Days on Market
NTREIS data for Detached Residential Homes and Condo/Townhome Residences. Data is believed to be accurate but is not warranted. ©2024 ChartMaster Services, LLC. All rights reserved. This page shall not be reproduced without the written permission of JeromyTrask@kw.com. Questions June be directed to Keller Williams Legacy. TREC# 0492040. Copyright Keller Williams Legacy 2024. Each office is independently owned and operated.
- MAY 2024
dential Homes
s, year-over-year
ta not available
nhomes
s, year-over-year.
*Note: Some historical data not available
Median
Sales Price
Detached Residential Homes
Condos & Townhomes
The median sales price was $305k as of May 2024
*Note: Some historical data not available
The median sales price was $355k as of May 2024 May2023Jun2023
38 1% of homes sold above their list price in May 2024
Condos & Townhomes
26.6% of homes sold above their list price in May 2024.
*Note: Some historical data not available
Not PR Days On the Market
Single-Family Homes
There was an average of 11 days on the market, without price reduction, as of May 2024
Condos & Townhomes
There was an average of 21 days on the market, without price reduction, as of May 2024
*Note: Some historical data not available