How’s the Palestine TX Real Estate Market? – July 2017 Market Report
Summer is here and the real estate market is as hot as the Texas heat! So…how’s the Real Estate Market in Palestine, Texas? Let’s take a peek at the numbers, shall we?
I have a suspicion that next month’s numbers are going to be vastly different from this month. The number of pending sales are up and fewer new listings are being added, which are both indicators that we will enter even more of a seller’s market soon. Inventory is down and buyers competing in multiple offers is getting more and more common, which is driving real estate prices up.
Will the pendulum continue to swing towards favoring sellers the further into the summer market we go? The market is forever shifting and watching the data is a great way to keep an eye on the market trends. It will be interesting to see what next month’s data has in store. Happy housing, yall!
UNFORTUNATELY REQUIRED DISCLAIMER: This data was compiled from Palestine Area Association of REALTORS® Multiple Listing Service by Lisa Priest, Broker with Picket Fence Realty for informational purposes only. Please note that this data does not include commercial properties or unimproved acreage and includes properties with a 75801 or 75803 zip code only. This data is current as of 7-13-17 and is not a warranty of future market conditions of any kind. This information is deemed reliable but not guaranteed.
Lisa E. Priest loves to watch the trends and is a Palestine, Texas Real Estate Broker / REALTOR® with Picket Fence Realty, Inc. You can reach her via phone or text at 903-948-3343 or read more at BuyPalestine.com.