Jay Biedermann - September 2024 Market Report - KW Legacy

Page 1


North Texas Area

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Collin County
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Grayson County

Paris Area

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Delta County
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Red River County

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 today's market?

I can help...

Contact me for a confidential, no obligation assessment of your home's value.

Should You Sell Now? The Lifestyle Factors That Could Tip the Scale

Are you on the fence about whether to sell your house now or hold off? It’s a common dilemma, but here’s a key point to consider: your lifestyle might be the biggest factor in your decision. While financial aspects are important, sometimes the personal motivations for moving are reason enough to make the leap sooner rather than later.

An annual report from the National Association of Realtors (NAR) offers insight into why homeowners like you chose to sell. All of the top reasons are related to life changes.

NORTH TEXAS AREA

Collin

What's in th data?

The market for de 1,312 closed sale 19.3% of properti

There was a total a 3.3-month supp the market witho

The market for co closed sales at a 23.8% of properti

There were 143 n month supply wit market without p

12 les Homes

15K ales Price

Condo/Townhome Residences. Data ChartMaster Services, LLC. All the written permission of to Keller Williams Legacy. Each office is independently Reduced Market

n County

AUGUST 2023 - AUGUST 2024

dential Homes mbers, year-over-year ata not available

wnhomes

p mbers, year-over-year.

*Note: Some historical data not available

Median Sales Price

Detached Residential Homes

The median sales price was $515k as of August 2024

Condos & Townhomes

The median sales price was $393k as of August 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 14 days on the market, without price reduction, as of August 2024

Condos & Townhomes

There was an average of 25 days on the market, without price reduction, as of August 2024.

*Note: Some historical data not available

Sold Above List Price

Detached Residential Homes

19 3% of homes sold above their list price in August 2024

Condos & Townhomes

23 8% of homes sold above their list price in August 2024

*Note: Some historical data not available

NORTH TEXAS AREA

Dallas County

What's in the Dallas County data?

The market for detached residential units saw 1,483 closed sales at a median price of $365k and 27.8% of properties sold above their list price. There was a total of 2,306 new listings, providing a 3.2-month supply with an average of 12 days on the market without price reduction.

The market for condo and townhome units saw 282 closed sales at a median price of $322k and 22% of properties sold above their list price. There were 527 new listings, providing a 4.9-month supply with an average of 17 days on the market without price reduction.

Sold Above List Pri Co

527 New Listin

4.9

Septembers of Supp 22%

*Note: Some historical data not available

Median Sales Price

Detached Residential Homes

The median sales price was $365k as of August 2024

Condos & Townhomes

The median sales price was $322k as of August 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 12 days on the market, without price reduction, as of August 2024

Condos & Townhomes

There was an average of 17 days on the market, without price reduction, as of August 2024.

*Note: Some historical data not available

Detached Residential Homes

27 8% of homes sold above their list price in August 2024

Condos & Townhomes

22% of homes sold above their list price in August 2024

*Note: Some historical data not available

NORTH TEXAS AREA

Dent

What's in t data?

The market for d 1,175 closed sal 21% of propertie was a total of 1,6 month supply wi market without p

The market for c closed sales at a 22.5% of propert There were 74 n supply with an a without price red

1,637 New Listings

Homes

1,175 Closed Sales

3.2 Septembers of Supply

$490K Median Sales Price

21% Sold Above List Price

14 Not Price Reduced Days on Market

Condo/Townhome Residences. Data ChartMaster Services, LLC. All the written permission of to Keller Williams Legacy. Each office is independently

Denton County

AUGUST 2023 - AUGUST 2024

Detached Residential Homes

Last 12 Septembers, year-over-year

*Note: Some historical data not available

Condos & Townhomes

Last 12 Septembers, year-over-year.

*Note: Some historical data not available

Median Sales Price

Detached Residential Homes

The median sales price was $490k as of August 2024

Condos & Townhomes

The median sales price was $433k as of August 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 14 days on the market, without price reduction, as of August 2024

Condos & Townhomes

There was an average of 15 days on the market, without price reduction, as of August 2024.

*Note: Some historical data not available

Sold Above List Price

Detached Residential Homes

21% of homes sold above their list price in August 2024

Condos & Townhomes

22 5% of homes sold above their list price in August 2024

*Note: Some historical data not available

NORTH TEXAS AREA

Fan Co

What's Countie

The market closed sale 22.1% of pr There was 5-month su market with There was townhouse

116 New Listings

Homes

86 Closed Sales

5 Septembers of Supply $246K Median Sales Price

22.1% Sold Above List Price

14 Not Price Reduced Days on Market

Condo/Townhome Residences. Data ©2024 ChartMaster Services, LLC. All reproduced without the written permission of directed to Keller Williams Legacy. 2024. Each office is independently

CONDO

Condo & Townhomes

No data available for August 2024.

*Note: Some historical data not available

Detached Residential Homes

The median sales price was $246k as of August 2024

Condos & Townhomes

No data available for August 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 14 days on the market, without price reduction, as of August 2024

Condos & Townhomes

No data available for August 2024.

*Note: Some historical data not available

22 1% of homes sold above their list price in August 2024

Condos & Townhomes

No data available for August 2024 Detached

*Note: Some historical data not available

NORTH TEXAS AREA

336 New Listings

203 Closed Sales

5.5 Septembers of Supply $350K Median Sales Price

14.3% Sold Above List Price

19 Not Price Reduced Days on Market

Condo/Townhome Residences. Data ChartMaster Services, LLC. All without the written permission of to Keller Williams Legacy. Each office is independently

CONDO

Condo & Townhomes

No data available for August 2024.

*Note: Some historical data not available

Median Sales Price

Detached Residential Homes

The median sales price was $350k as of August 2024

Condos & Townhomes

No data available for August 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 19 days on the market, without price reduction, as of August 2024

Condos & Townhomes

No data available for August 2024.

*Note: Some historical data not available

14 3% of homes sold above their list price in August 2024

Condos & Townhomes

No data available for August 2024 Detached Residential Homes

*Note: Some historical data not available

NORTH TEXAS AREA

Kaufman County

What's in the Kaufman County data?

The market for detached residential units saw 312 closed sales at a median price of $315k and 14.7% of properties sold above their list price.

There was a total of 515 new listings, providing a 4.6-month supply with an average of 20 days on the market without price reduction.

There was no data available for condo and townhouse units for August 2024.

515 New Listings

312 Closed Sales

4.6 Septembers of Supply $315K Median Sales Price

14.7% Sold Above List Price

20 Not Price Reduced Days on Market

Condo/Townhome Residences. Data ChartMaster Services, LLC. All the written permission of to Keller Williams Legacy. Each office is independently

CONDO

Condo & Townhomes

No data available for August 2024.

*Note: Some historical data not available

Median Sales Price

Detached Residential Homes

The median sales price was $315k as of August 2024

Condos & Townhomes

No data available for August 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 20 days on the market, without price reduction, as of August 2024

Condos & Townhomes

No data available for August 2024.

*Note: Some historical data not available

14 7% of homes sold above their list price in August 2024

Condos & Townhomes

No data available for August 2024 Detached Residential Homes

*Note: Some historical data not available

NORTH TEXAS AREA

Rockw Count

What's in the R Counties data?

The market for detach closed sales at a medi 10.5% of properties so There was a total of 59 5-month supply with a market without price re

There was no data ava townhouse units for A

592

New Listings

354 Closed Sales

mes

5 Septembers of Supply

$353K Median Sales Price

10.5% Sold Above List Price

24 Not Price Reduced Days on Market

Residences. Data Services, LLC. All written permission of Williams Legacy. is independently

CONDO

Condo & Townhomes

No data available for August 2024.

*Note: Some historical data not available

Median Sales Price

Detached Residential Homes

The median sales price was $353k as of August 2024

Condos & Townhomes

No data available for August 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 24 days on the market, without price reduction, as of August 2024

Condos & Townhomes

No data available for August 2024.

*Note: Some historical data not available

Sold Above List Price

Detached Residential Homes

10 5% of homes sold above their list price in August 2024

Condos & Townhomes

No data available for August 2024

*Note: Some historical data not available

NORTH TEXAS AREA

2,689 New Listings

1,771 Closed Sales

3.2 Septembers of Supply

$349K Median Sales Price

26.3% Sold Above List Price

12 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 September be directed to Keller Williams Legacy. 0492040. Copyright Keller Williams Legacy 2024. Each office is independently owned and operated.

County

AUGUST 2023 - AUGUST 2024

tial Homes

ers, year-over-year t available

ers, year-over-year. t available

Detached Residential Homes

The median sales price was $349k as of August 2024

Condos & Townhomes

The median sales price was $295k as of August 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 12 days on the market, without price reduction, as of August 2024

Condos & Townhomes

There was an average of 21 days on the market, without price reduction, as of August 2024.

*Note: Some historical data not available

26 3% of homes sold above their list price in August 2024

Condos & Townhomes

13 1% of homes sold above their list price in August 2024

*Note: Some historical data not available

PARIS AREA

5 New Listings

4 Closed Sales

6.3 Septembers of Supply

$262K Median Sales Price

0% Sold Above List Price

15 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 September be directed to Keller Williams Legacy. 0492040. Copyright Keller Williams Legacy 2024. Each office is independently owned and operated.

COND

Condo & Townh

No data available for August 2024.

AUGUST 2023 - AUGUST 2024

tial Homes

ers, year-over-year

t available

No data available.

omes

ers, year-over-year.

t available

Median Sales Price

Detached Residential Homes

The median sales price was $262k as of August 2024

Condos & Townhomes

No data available for August 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 15 days on the market, without price reduction, as of August 2024

Condos & Townhomes

No data available for August 2024.

*Note: Some historical data not available

Sold Above List Price

Detached Residential Homes

0% of homes sold above their list price in August 2024

Condos & Townhomes

No data available for August 2024

*Note: Some historical data not available

PARIS AREA

740K an Sales Price ed Sales

3 Price Reduced on Market

Condo/Townhome Residences. Data ©2024 ChartMaster Services, LLC. All without the written permission of directed to Keller Williams Legacy. 2024. Each office is independently

No data available for August 2024.

LOSED

No data available.

Median Sales Price

Detached Residential Homes

The median sales price was $740k as of August 2024

Condos & Townhomes

No data available for August 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 23 days on the market, without price reduction, as of August 2024

Condos & Townhomes

No data available for August 2024.

*Note: Some historical data not available

Sold Above List Price

Detached Residential Homes

28 6% of homes sold above their list price in August 2024

Condos & Townhomes

No data available for August 2024

*Note: Some historical data not available

PARIS AREA

55 New Listings

22 Closed Sales

6.9 Septembers of Supply

$252K Median Sales Price

18.2% Sold Above List Price

15 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 September be directed to Keller Williams Legacy. 0492040. Copyright Keller Williams Legacy 2024. Each office is independently owned and operated.

CONDO

Condo & Townhomes

No data available for August 2024.

ns County

AUGUST 2023 - AUGUST 2024

tial Homes

ers, year-over-year

t available

No data available.

omes

ers, year-over-year.

t available

Median Sales Price

Detached Residential Homes

The median sales price was $252k as of August 2024

Condos & Townhomes

No data available for August 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 15 days on the market, without price reduction, as of August 2024

Condos & Townhomes

No data available for August 2024.

*Note: Some historical data not available

Sold Above List Price

Detached Residential Homes

18 2% of homes sold above their list price in August 2024

Condos & Townhomes

No data available for August 2024

*Note: Some historical data not available

PARIS AREA

57 New Listings

37 Closed Sales

5.6 Septembers of Supply

$230K Median Sales Price

18.9% Sold Above List Price

13 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 September be directed to Keller Williams Legacy. 0492040. Copyright Keller Williams Legacy 2024. Each office is independently owned and operated.

CONDO

Condo & Townhomes

No data available for August 2024.

No data available.

y y t available

Detached Residential Homes

The median sales price was $230k as of August 2024

Condos & Townhomes

No data available for August 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 13 days on the market, without price reduction, as of August 2024

Condos & Townhomes

No data available for August 2024.

*Note: Some historical data not available

18 9% of homes sold above their list price in August 2024

Condos & Townhomes

No data available for August 2024 Detached Residential Homes

*Note: Some historical data not available

PARIS AREA

315K an Sales Price d Sales

7 rice Reduced on Market

Condo/Townhome Residences. Data ©2024 ChartMaster Services, LLC. All without the written permission of directed to Keller Williams Legacy. 2024. Each office is independently

CONDO

Condo & Townhomes

No data available for August 2024.

River County

AUGUST 2023 - AUGUST 2024

tial Homes

ers, year-over-year

t available

No data available.

omes

ers, year-over-year.

t available

Median Sales Price

Detached Residential Homes

The median sales price was $315k as of August 2024

Condos & Townhomes

No data available for August 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 27 days on the market, without price reduction, as of August 2024

Condos & Townhomes

No data available for August 2024.

*Note: Some historical data not available

Sold Above List Price

Detached Residential Homes

25% of homes sold above their list price in August 2024

Condos & Townhomes

No data available for August 2024

*Note: Some historical data not available

PARIS AREA

24 New Listings

7 Closed Sales

8.4 Septembers of Supply

$241K Median Sales Price

14.3% Sold Above List Price

28 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 September be directed to Keller Williams Legacy. 0492040. Copyright Keller Williams Legacy 2024. Each office is independently owned and operated.

CONDO

Condo & Townhomes

No data available for August 2024.

AUGUST 2023 - AUGUST 2024

tial Homes

ers, year-over-year

t available

No data available.

omes

ers, year-over-year.

t available

Median Sales Price

Detached Residential Homes

The median sales price was $241k as of August 2024

Condos & Townhomes

No data available for August 2024

*Note: Some historical data not available

Not PR Days On the Market

Detached Residential Homes

There was an average of 28 days on the market, without price reduction, as of August 2024

Condos & Townhomes

No data available for August 2024.

*Note: Some historical data not available

Sold Above List Price

Detached Residential Homes

14 3% of homes sold above their list price in August 2024

Condos & Townhomes

No data available for August 2024

*Note: Some historical data not available

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