December 2024 DFW Market Update
Dec 17, 2024
Dallas Fort Worth market stats for the past 30 days (November 2024-December 2024):
Avg sales price: $502,041
Avg days on market: 38 days
Here's what I'm noticing in our market...
It's currently a buyer's market because inventory is rising and competition is easing. If you're thinking about buying, now could be a great time to take advantage of more options and potentially negotiate better deals.
If you're thinking about selling, while the market is still active, it's important to price your home competitively and work with a skilled team like ours to attract buyers.
2025 Housing Outlook
Goldman Sachs predicts home prices will rise 4.4% in 2025. While mortgage rates are expected to drop slightly, they’re anticipated to hover around 6% by the end of 2025.
If you’ve been considering buying or selling, now’s the time to start planning.
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