Home Selling in 75039>Question Details

Mkp, Home Seller in 75039

What's the expected DOM for 75039? I have a 1825sqft house in La Villita to sell.

Asked by Mkp, 75039 Sat Dec 29, 2007

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11 single family homes have sold in the past 6 months and none of them was on the market for over 100 days, with the average being 95 days. All of these homes were in superb condition and were priced right. Single story is attractive for many people, but just as many need the larger square footage that the two story models offer. I would be happy to swing by and work up an opinion for you regarding price and condition, both of which are crucial to today's market. Bruce is dead on with his comment about builder competition over there - price is king and you have to beat them just about every time. Why buy pre-owned if you can get new at just as good, or an even better, price. Best regards, Kim
0 votes Thank Flag Link Fri Jul 30, 2010
It depends on how aggressive you price the home/townhome and how your agent markets the property. I would be happy to come by, view your home and give you specifics.
0 votes Thank Flag Link Fri Jul 30, 2010
I have a single family home by Darling. It's one of VERY few one story houses in the area. I know that the plan I have is extremely popular in the neighborhood (because it's the most affordable in such a nice area). The plan can't be built in every lot because there's a restriction in the community so very few of this plan are being built.
0 votes Thank Flag Link Sun Dec 30, 2007
Great place to live, I was in your neighborhood early this morning. Do you have a single family home or townhome? Either way there are homes selling in La Villita, but remember you are competing in most cases against the builders as Citi/Portrait/K. Hov/and Darling are still building in your neighborhood, so you need to price accordingly. That's the bad news, but the good news is that they will help bring some traffic into the neighborhood and that always helps. I normally like to price homes to sell within 60days, but if you price to market it could take 120+ days to sell due to the amount of competition.
Web Reference: http://www.teamlynn.com
0 votes Thank Flag Link Sun Dec 30, 2007
Bruce Lynn, Real Estate Pro in Coppell, TX
That's not an easy question to answer because there are singly family homes and then the townhomes. Which do you have?

Townhomes are the toughest to resell right now because there is lots of competition from the builders still, and they are going to be there for a while. There are 51 listed on the market in La Villita right now ranging from 1600SF to 2500SF. The DOM would be very difficult to figure out because builders have these put in the MLS before they are built and even if they have a contract on them, they don't change the status until it sells...

However the resale ones, there has only been one in the entire 2007 year and it was on the market for 245 days.

On the single family homes, there are right now 9 homes in the MLS...ranging from 1600-3900SF. Of those 9, 5 are resale. They have been on the market for 25, 135, 59, 97 and 18 days and counting.

There has been also 9 resale homes in 2007 with the following DOM 82, 15, 29, 243, 617, 191, 16 and 7.
All these homes ranged from 2700 to 3800SF.

I hope this helps. Let me know if you want a more detailed market analysis for your house.
Web Reference: http://www.sumnerrealty.com
0 votes Thank Flag Link Sat Dec 29, 2007
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