The real estate market in Harker Heights is fantastic, and I have some MLS numbers to back that claim up.
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People ask me all the time, “How’s the market?” In Harker Heights, the market is absolutely, positively fantastic. Here are some numbers taken directly off the MLS:
In the month of August, the average days on market was 110 days. That’s a little bit longer than we like to see, but it’s still better than August 2015, where the average days on market was 129 days. Shaving off those 19 days saves a vacant homeowner about $1,000. There were 66 homes sold, which is an increase of 32% compared to August of last year. The average sales price was $204,525. The typical home sold at almost 99% of the asking price.
The year to date numbers are impressive.
The year to date numbers are equally impressive compared to last year. There was an 8.6% increase in the average sales price, rising from $189,668 to $206,058. There was a 9% increase in the median sales price, rising from $102,500 to $199,364. There was a 20% increase in total home sales, rising from 306 to 367. The average days on market dropped from 129 days to 118 days. This year, 40% of the homes that sold did so in the first 90 days. We also see that 9% of all sales were cash transactions, which is an increase of 77%.
Now, for a little bit of a humblebrag. So far in 2016, sellers that sold with the Shine Team averaged only 82 days on market. That’s 36 days better than our competition. Furthermore, only 62% of the homes that were listed for sale sold in Harker Heights, whereas the Shine Team sold over 81% of our listings.
We’re already building our inventory for the fall, winter, and spring months, so if you or anybody you know wants to buy or sell a home, please give us a call, shoot us a text, or send us an email. We look forward to giving you positively fantastic service and great results!
