Another great visual of a bad situation - depending on which side of the transaction you are on, that is. Either way you can see the inventory has been dropping since May 2011 in the Preston Hollow area of Dallas. Back then, there was over 11 months of inventory. At the end of December 2014, there were only slightly more than 3 months of inventory.
A normal or balanced market is described as having 6 months of inventory, therefore a market with more than 6 months would be a buyer's market (2011) and a seller's market having less than 6 months. Overall the scales tipped in October 2012.
In today's market, it takes breaking through the $5M+ market to tip the scales from a seller's market to a buyers market. Take a look at the overall numbers below.
Now that you know that the time is right to sell. Let's get acquainted with each other, and your home. You can start here:
Curious about what all the hype is about? Take a look here at some of the area's homes for sale. Maybe find your next home...
You're excited about your next big move: You want to buy, build or sell a home in central Dallas, the urban heart of high-style Texas living. But you don't want to fight with paperwork or negotiate details. You just want a real estate agent who can.
I'm Matt Watson. I've worked with young professionals looking for upscale, uptown residences as well as empty-nesters looking to scale down and kick back. I've sold condos, townhouses, lofts, high-rises and homes (historic and otherwise) all over Dallas. And I know how to make your real estate purchase or sale easy and hassle-free.
If you're buying a home, I will:
Help you find a resid ence that matches your lifestyle.
Give you instant access to the Dallas Multiple Listing Service.
Help you find financing that works.
If you're building a home, I will:
Help you locate the right building site.
Help you select the home style, size and amenities that fit your neighborhood.
Help you select a qualified builder and coordinate construction.
If you're selling a home, I will:
Price your property based on market conditions and your personal goals.
Help you enhance your home's market appeal.
Market your property to the right buyer, not just any buyer.
And whether you're buying a home or selling a home, I will:
Always be your advocate and work in your best interest.
Always give you the facts you need to make the right decisions.
Always negotiate the details and handle the paperwork.
It's that simple. Welcome to the Matt Watson way of doing business.
Excited About Buying A Home This Year? Here’s What to WatchAs we kic
"I have purchased two homes with Matt’s help in the last 9 years and both were great experiences. Matt is extremely knowledgeable about the areas we were interested in and never wasted our time with properties that were out of our desired area, price range or other important considerations. Matt is very honest and I appreciate that SO much – buying a home is a huge decision and I needed straight facts and no bull. I also know I can call Matt any time with questions and he will be there to help again. I would recommend Matt in a heartbeat, he is the real deal.
Staci Roy-Flick Hollywood Heights - East Dallas, TX