East Texas Real Estate Market Update (April 2023)

Tips for BuyersTips for Sellers
Written By Kristin Koonce, REALTOR®

I’m currently at home sick while writing this and thought I’d go ahead and tackle this blog post so I’m not totally useless today. I don’t get sick very often but I did end up with what seems to be a cold and then I also have a strep throat viral infection around my mouth. It’s great and I look amazing (kidding).

Anyway, I can’t tell you how many times I’ve been asked just in the past week about the real estate market. The truth is, this market is different and it’s continuing to shift. A lot of real estate agents are leaving the career because of this changing market but not this gal. I love what I do and I love being challenged! I’m continuing to remind myself that the market may change but God does not. I’m called to be faithful in the small things, do my job well, and to keep showing up!

Here’s the East Texas real estate market update for the month of April:

  1. The average sales price decreased from $281k in March to $265k in April.

  2. There is 2.1 months of inventory which means we need houses to sell.

  3. The average days on the market is 72 days.

We remain in a seller’s market which means sellers do still have the upper hand. However, don’t be surprised if buyers are asking for closing cost assistance, repairs, or home warranties. That being said, inventory continues to be low, so your home will stand out if you do decide to list it. Fewer houses means there will be more buyers seeing YOUR house! And, if you price your home right, it’s very likely you could get multiple offers on it.

I personally am looking for more houses to list because we NEED THEM! We’ve got buyers who aren’t able to find a home that meets their needs. I specifically have three different sets of buyers looking for a house with the following criteria:

  • 3/2 within 15 minutes of White Oak ISD

  • 4/2 or 4/3 in Hallsville ISD

  • 3/2 on roughly 1-2 acres in the East Texas area

If you hear of anything or know of anyone, I sure would appreciate the referral so I can hopefully help get my buyers in their dream home!

Here are additional blog posts you might find helpful if you’re thinking about buying or selling within the next three months:

Kristin Koonce Burroughs, REALTOR®
(903)241-2608
kristinkoonce@gmail.com
BOLD Real Estate Group

Kristin Koonce, REALTOR®

Let’s make your listing FAMOUS!

My name is Kristin Koonce, and I’m a one-of-a-kind East Texas listing agent with BOLD Real Estate Group, proudly serving Longview, White Oak, Hallsville, Tyler, and surrounding East Texas communities. I specialize in helping homeowners and land owners see the value and potential in what they already own—and using creativity, strategy, and heart to bring that vision to life.

I’m not your average real estate agent. I stepped into this business boldly because I believe real estate should be done differently—with integrity, intention, and a genuine love for people. I focus on building long-term relationships, staying connected long after the sale, and empowering my clients to make smart, confident financial decisions about their homes and land across East Texas.

My business is built on one simple philosophy—love people well. Every client matters. Every story matters. When you work with me, you’ll never feel like just another transaction. I treat each client as if they were my only one—because trust is earned, and results should follow. My goal is for clients to walk away saying:

“Working with Kristin is better than trying to do this alone.”

I’m known for being creative, proactive, strategic, and detail-oriented. I think ahead, solve problems quickly, communicate clearly, and handle the behind-the-scenes work others avoid. I operate with kindness, professionalism, punctuality, and grace, collaborating seamlessly with agents, lenders, inspectors, appraisers, and title companies to ensure smooth transactions.

If you’re looking for a trusted listing agent in White Oak, Longview, Hallsville, or anywhere in East Texas, I’m here to help. I’m an active member of the Longview MLS, Tyler MLS, and MetroTex, and I specialize in selling residential land, acreage, inherited properties, fixer-uppers, and family homes.

Whether your property is full of memories, potential, or possibilities—I can help you sell it with confidence and care.

I don’t just list properties…I SELL THEM! #getlistinwithkristin

https://www.kristinkoonce.com
Previous

Home Loans, Home Insurance, and Appraisal Red Flags
Next

3 Things to Consider Before Accepting an Offer on Your Home