Unspecified,  in Houston, TX

On average how many homes sell for the asking price in The Woodlands Texas

Asked by Unspecified, Houston, TX Sun Mar 30, 2014

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The answer varies. The updates, condition, location, and pricing of the home determines whether will sell at asking price, above asking price or below asking price.

Susie Kay
Seniors Real Estate Specialist
Certified Home Stager

United Real Estate Dallas
0 votes Thank Flag Link Sat Jun 4, 2016
Market conditions largely determine if a home sells for its asking price! If it's a buyer's market, with many homes for sale on the market and few buyers, than it's more likely that a buyer can negotiate terms down. If it's a sellers market, with many buyers looking at homes but few homes for sale, it's more likely that buyers will pay above asking price!

The individual neighborhood, the sellers and buyers, will all make a big difference as well. :)
0 votes Thank Flag Link Wed Mar 16, 2016
It depends on many factors if a home sells for asking price in The Woodlands TX. The most important is market conditions and that has varied somewhat since 2014. 2016 is a stable market leaning more on the buyers side of market conditions. Right now not as many properties sell at list but this varies depending on the pricing of the home by listing agent relative to comps. Homes that are priced right in the market will sell close to or often more than list. Another factor is the home has to be appraised by a bank appraisal representative if the buyer has a mortgage loan. If the appraisal comes up short then the buyer and seller Real Estate agents must negotiate a strategy to get the sales price in line with the appraiser's assessment. sometimes the buyer puts out extra money , sometimes they reduce the price, and in some cases the seller's Realtor requests an additional appraisal. Market Conditions in Houston Texas and surrounding areas such as Spring TX and The Woodlands TX are strong and real estate has been a stable investment over time.
0 votes Thank Flag Link Wed Mar 16, 2016
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