Let’s take a moment to break down some of the key real estate trends in Tarrant County as of December 2024. While these numbers provide a great snapshot of where the market stands, keep in mind that new data hasn’t been released yet. That said, these insights can still help guide your decisions, whether you're planning to buy your next home or sell your current one.   The Months Supply of Inventory is currently 3.72. This figure tells us how long it would take to sell all the homes on the market if no new listings were added. A lower number typically points to a seller's market, where demand is high, while a higher number leans toward a buyer’s market, with more options available. Right now, the market is balanced but slightly favors sellers.   Over the past year, the Months Supply of Inventory has increased by 32.86%, meaning homes are taking longer to sell compared to last year. This could signal that buyers are gaining a bit more leverage in the market, which is something to keep an eye on as we move into the new year.   On average, homes in Tarrant County are spending 54 days on the market before selling. While this isn’t an ultra-competitive pace, it’s still a reasonable timeframe, giving buyers a bit more breathing room to explore their options while sellers remain in a position to attract serious offers.   Another noteworthy trend is the List to Sold Price Percentage, which is at 98.3%. This means homes are generally selling very close to their listing price, suggesting that sellers are pricing their homes appropriately and buyers are willing to meet those expectations.   The median sold price in the area is $350,000, offering a good benchmark for both buyers and sellers. Whether you’re budgeting for your next home or evaluating your property’s value, this number provides a helpful starting point.   Overall, the Tarrant County market as of December 2024 shows a stable and balanced environment. Inventory is growing, giving buyers more choices, but sellers can still feel confident with homes selling close to list price. If you're thinking of making a move, now is a great time to strategize based on these trends.   Have questions about the market or ready to take the next step? Let’s chat—I’d love to help you navigate your real estate journey!  

Welcome to 2313 Gelbray Place! Nestled in the highly desirable West Fork Ranch community of Fort Worth, TX, this beautiful 5-bedroom, 3-bathroom home spans 2,813 square feet and is priced at $420,000. With a perfect blend of comfort, modern updates, and fantastic community amenities, this home is ready to welcome its next owners.   From the moment you walk in, you’ll feel right at home. The open floorplan creates a seamless flow, ideal for entertaining guests or enjoying quiet evenings with family. The spacious eat-in kitchen is a standout feature, with stunning granite countertops and ample cabinet space—whether you’re preparing a quick meal or hosting a dinner party, this kitchen has you covered.   Recent updates elevate this home even further. New tile flooring downstairs adds both style and durability, while fresh flooring upstairs gives the space a clean, updated feel. The remodeled upstairs bathroom reflects thoughtful design, offering a modern touch. To top it off, a new HVAC system installed in 2024 and two water heaters ensure year-round comfort and peace of mind.   Living in West Fork Ranch offers so much more than just a home—it’s a community you’ll love being a part of. Enjoy access to two sparkling community pools, perfect for cooling off during those warm Texas summers. There’s also a dog park for your four-legged friends and over five miles of walking trails for staying active and soaking in the outdoors. For fishing enthusiasts, there’s even a pond nearby where you can relax and cast a line.   Location is another key highlight of 2313 Gelbray Place. Situated less than a mile from a highly rated elementary school, it’s an ideal spot for families. You’ll also find shopping and dining options just minutes away, while quick access to the I-35 Freeway makes commuting or exploring all that Fort Worth has to offer effortless.   This home truly has it all—space, style, modern upgrades, and a vibrant community. Don’t miss the opportunity to make 2313 Gelbray Place your next address. Schedule a showing today and come see what makes this home so special!  

When it comes to selling your home, pricing is one of the most critical factors in ensuring a successful sale. While it might be tempting to aim high with your initial listing price, overpricing your property can lead to longer days on the market, fewer interested buyers, and ultimately a lower final sale price. Let’s dive into why pricing your home correctly right out of the gate is crucial. The Danger of Overpricing Many sellers think that pricing a home higher than its market value leaves room for negotiation, but this strategy often backfires. Here’s why: 1. Prolonged Market Time: Overpriced homes tend to sit on the market longer. The longer a home sits, the more likely buyers are to think something is wrong with it, even if it’s just the price. 2. Stigma After Price Cuts: When a home’s price is reduced, buyers may question the property’s value or wonder if there are hidden issues. This can lead to lower offers and increased skepticism. 3. Missed Opportunities: Many buyers search for homes within specific price tiers. If your home’s price doesn’t align with these tiers, it could be overlooked entirely. For instance, listing at $505,000 instead of $499,999 could exclude your property from buyers searching under $500,000. The Power of Strategic Pricing Pricing your home at or just below market value can create a sense of urgency and attract more buyers. Here’s how: 1. Increased Competition: A well-priced home often garners significant interest, potentially leading to multiple offers. This can drive up the final sale price as buyers compete for your property. 2. Broader Appeal: By pricing within key tiers, your home will appear in more search results, increasing the pool of prospective buyers. 3. Faster Sales: Homes priced correctly are more likely to sell quickly, reducing the stress and carrying costs associated with a prolonged listing. Working with an Experienced Realtor Navigating the complexities of pricing requires expertise and market knowledge. Here’s how I ensure my clients’ homes are priced to sell: Market Analysis: I conduct a thorough comparative market analysis (CMA) to determine your home’s true value based on recent sales, current listings, and market trends. Targeted Strategies: I help identify the best pricing tiers to capture a larger audience and position your home competitively. Proactive Adjustments: If market conditions change, I provide guidance on necessary adjustments to keep your listing attractive and competitive. The Bottom Line Pricing your home correctly from the start is essential to achieving the best possible outcome. It’s not just about listing at a number you hope to get; it’s about understanding the market, appealing to the right buyers, and setting yourself up for success. A well-priced home generates excitement, competition, and ultimately, the highest possible sale price. If you’re considering selling your home and want expert guidance to ensure it’s priced to sell, I’m here to help. Let’s work together to get your home sold quickly and for the best price possible.