It was a tale of two stories in today's update.
5 active listings kept well-above $200/sqft- keeping with the sizzling DFW summer market.
On the other side, 5 closings plunged today.
Despite their median days on market holding strong at 7 days, $/sqft fell to $162.
This is a significant drop from recent updates that have held strong in the face of the Fed's rate hikes.
Would you rather sell your home fast at a discount or risk playing the "waiting game" with a higher price?
Let me know and be sure to click on my social media widgets on the homepage to view my breakdown of the daily market.
Talk soon. Eddie.
