6 Reasons Why Now Is a Great Time to Sell Houston Home

Houston has 3.7 months of single family homes for sale – the lowest amount on the market than at any time in the last 14 years (since December 1999) and is 23% less than the national average.

Now is an excellent time to sell Houston home.

My last three listings have received a combined 14 offers and gone under contract, on average, within 4 days. (Read more about my custom marketing plans).

Sell My Houston Home
Hot housing markets don’t last forever, here are six reasons why now is a great time to sell Houston home:

1. The combination of low inventory and high demand is great for sellers
Houston single-family home sales increased 11.4% year-over-year, accounting for the Houston area’s 19th consecutive monthly increase.

We’re also seeing the re-emergence of back-up contracts, bidding wars and homes closing materially over asking price.

2. Prices are rising
The average price of a Houston single-family home increased 11.3% last year (to $243,797), a historic high for Houston. Sales of Houston townhomes on the market increased 20.7% while the average price also rose at a comparable rate.

3. Interest rates are still at historic lows
Low interest rates (around 3.5% now) are helping Houstonians buy more home for their money. The principal and interest on a 30-year fixed mortgage for $300,000 is less than $1400 per month.

4. More people are coming to Houston
According to Forbes magazine approximately 1,400 people PER DAY move to Houston. The tremendous amount of relocation buyers with big energy companies like Exxon, Chevron, Shell and Halliburton in addition to current Houstonians are driving demand.

5. Additional homes should come on the market (increasing supply)
Builders are frantically buying lots and increasing supply. It’s also likely more homeowners will list their homes for sale in the spring.

6. Limited risk to selling your home now
Given the limited inventory and strong buyer interest (as long as you don’t dramatically overprice your home), you’re in a great situation to test the market and sell your property.

To see real estate trends in your neighborhood, find out how much your home is work, get a marketing plan for your property, or for more information on how to sell Houston home, please contact Paige Martin, head of the Houston Properties Team & Broker Associate Keller Williams at [email protected] or 713-425-4194. If you’re interested in selling your home fast for cash to an iBuyer, read our Houston iBuyer Review Guide first.

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- Gretchen & Brad Richter- Gretchen & Brad Richter
“We relocated to Texas from out of state 3 years ago, and Paige’s intimate knowledge of Houston neighborhoods, valuations, trends, and pitfalls was simply unmatched. We would never have been able to find our perfect home without her. She was calm and focused when everything seemed most challenging — a true professional and advocate who has become a dear friend. We are grateful to have met her!

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- Peter McGillivray & Jillian Jopling- Peter McGillivray & Jillian Jopling
“Paige demonstrated all qualities you want in a realtor – knowledgeable, attentive, responsive, patient. She put us into our first dream home, and due to that experience, we’ve returned to her time and again for our other real estate needs. You will quickly realize after working with Paige that while she focuses on completing your deal, her endgame is to ensure her clients’ needs are preserved and satisfied.

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- Gail & Ian Mackey- Gail & Ian Mackey
“As first time buyers in the US, we are delighted to have worked with Paige. She is a delight to work with, and I would recommend anyone to enlist her help if you’re looking to either buy or sell a property.

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- Dr. Jen Shroff- Dr. Jen Shroff
“Paige is simply the best. She was patient with us throughout the process and took time to answer all of our questions! She knows so much about the housing market so we felt very confident that we were in great hands!

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- Travis LeConey- Travis LeConey
“Paige has helped my wife and I twice now. I couldn’t think of a better person to have in your corner when buying or selling! She guided us through the process, and made it seem so easy that selling/buying was fun! Paige is a great person, very responsive, and great at what she does. I recommend Paige to all my friends and co-workers. If you are buying or selling in the area Paige covers, give her a call. You won’t regret it!

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- Xavier Refunjol- Xavier Refunjol
“Paige is dedicated, thorough and caring to where you feel you’re their only client. Their best asset is their honesty, based on experience and data. We had a great time buying our first home largely because of them. We would not hesitate to recommend them to anyone.

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- Taylor Lamb- Taylor Lamb
“Paige was wonderful to work with. She was thorough, knowledgeable and patient. I would highly recommend Paige to anyone looking to buy or sell a home.”

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- Jeremy & Lynn Greene- Jeremy & Lynn Greene
“Paige Martin is the best Realtor. She is highly experienced and very knowledgeable. She made our buying experience an enjoyable one, not only for us, but for our daughter, son-in-law and several of our friends. We have bought and sold many houses, and Paige has been the best realtor we have ever worked with. We highly recommend her.

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- Dr. Forrest Roth, MD- Dr. Forrest Roth, MD
“Paige is the best of the best when it comes to real estate! She has bought & sold many properties for us & we couldn't recommend her more highly!

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- Tina Spiller, Chevron- Tina Spiller, Chevron
“I really enjoyed working with Paige on the sale of my townhome. The HAR listing was perfect and went up quickly and the sale was closed within 30 days. I definitely recommend Paige for any real estate transaction.

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