Daily Market Stability Report: 24-Hour Snapshot for Seven Counties

The most recent 24-hour data across Collin, Dallas, Henderson, Hunt, Kaufman, Rains, and Rockwall counties reveals steady activity in the real estate market. No major fluctuations have been observed from previous report, maintaining a consistent trend seen in recent weeks. Here’s a breakdown of the latest activity:

24-Hour Market Watch

Here’s a look at what’s happening in the market within the last 24 hours:

• New Listings: 326

  A healthy number of new listings, showing that sellers are still entering the market despite shifting conditions.

• Back on Market: 39

  These are homes that were under contract but fell through, often due to financing or inspection issues. It indicates that some deals are not closing as smoothly as anticipated.

• Price Decrease: 354

  A significant number of properties have seen price reductions, signaling that some sellers are adjusting their expectations to meet buyer demand and market realities.

• Price Increase: 24

  Though less common, these price increases reflect homes in high demand or sellers responding to competitive bids.

• Active KO (Kick-Out): 3

  These listings are still active but under a kick-out clause, meaning the buyer has contingencies, such as selling another home before closing.

• Active Option Contract: 110

  These properties are under contract, but the buyer is in their option period, where they may still back out after inspections or negotiations.

• Active Contingent: 27

  Homes listed as active contingent are under contract, but the sale is dependent on certain conditions being met, such as the sale of another property.

• Pending: 132

  Pending listings have moved past contingencies and are awaiting final closing, showing strong transaction movement.

• Closed: 79

  These properties have successfully closed within the last 24 hours, contributing to the overall market strength.

• Expired: 46

  Expired listings have reached the end of their contract period without selling, often due to being overpriced or unfavorable market conditions.

• Canceled: 46

  Sellers have pulled these properties off the market, which could be due to changes in personal circumstances or a reassessment of market timing.

• Withdrawn: 8

  Withdrawn listings are temporarily off the market, often because of changes in the seller's plans or a strategic pause.

• Hold: 22

  Properties on hold are not actively being marketed, typically because of seller considerations or pending repairs.

• Coming Soon: 28

  These homes will be hitting the market shortly, providing a glimpse of what’s next in the pipeline for buyers.

  
  

In light of this 24-hour report, it's clear that the market remains stable, with consistent trends across key areas. Whether you're buying, selling, or simply staying informed, the data points to a predictable and steady real estate environment. For more in-depth market insights, real estate news, videos, and expert advice, visit www.amandaallenhomes.com and stay ahead of the latest trends.

If you would like a personalized market report for your city, please feel free to reach out to me using any of my contact information. I'm here to help you stay informed about the real estate landscape in your area!

Amanda Allen, Realtor

(903) 603-0648

Amanda.Allen@cbrealty.com

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