Here's the latest ETX real estate market update for the month of September:

• Average Sales Price: $284k (this is up from $277k in August)

• Average Days on Market: 63

• Number of Closed Sales: 56

• Months of Inventory: 3.2 (compared to 2.0 in September 2022)

• Price Distribution:

  • $0-$99,999 (1.9%)

  • $100,000-$199,999 (11.3%)

  • $200,000-$299,999 (43.4%)

  • $300,000-$399,999 (22.6%)

  • $400,000-$499,999 (3.8%)

  • $500,000-$749,999 (15.1%)

  • $750,000-$999,999 (1.9%)

  • $1,000,000+ (0.0%)

Homes above $400k are taking longer to sell. If your home is in the $200,000-$299,999 price range...you are in a very hot spot! If you're not sure what the market says your house is worth and find yourself feeling curious, tell me about your home and I'll see what price point you'd be looking at if you decide to list within the next few weeks.

Who have you spoken to in the last few weeks that has mentioned selling/buying a home? You can share my number with them OR you can send me their information here. They can also fill out my Buyer's Intake Form or Seller's Intake Form and then I'll take it from there.

Thank you soooo very much for being in my corner and for sending referrals my way. I cannot stress enough that your referrals, support, and encouragement are what make my business go-round. I couldn't do it without you! Even if you are not personally looking to buy or sell a house, every time you learn of someone else who is and share my information with them, you are supporting my business and mission.

Just as a reminder, I read a quote once that really resonated with me and the way I view real estate:

“This is your ministry. You can speak life into others and offer a different dialogue in this industry. You can let people know they are seen, valued, and cared for, and you can bring a different atmosphere when you go into a room.” —Author Unknown

So, when I say you are supporting my business and mission...know that you are helping me share the gifts and talents God has given me and giving me the undeserving opportunity to love others in a way that feels very fitting to how God made me! I never want to be your "average" real estate agent!

Enjoy your day and thanks for everything!

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