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Amanda McCumber ABR,CRS,AHWD,CHMS,SFR,SMP

Does price sell homes?

I have a great listing that I have reduced to an amazing LOW price, and it is still not showing. So it leads me to wonder- Does price sell homes? I am always told that if you price it right, it will sell. My listing is clean, easy to show, and priced at least $20 a sqft less than market. I checked the area, only one other home is similar in size in price in the whole city. I have advertised it on multiple websites, craigslist, email blasts to agents- yet I have had very little traffic, and no offers. Any suggestions? Could I be priced too low? I would appreciate any advice you have to give me.

Thanks!

Cypress, TX- A Sellers Market? I think so!

77433 Zip Code
Current Active Listings 592
Price Range 52K-1.298Million
All Pending 135
Price Range 69K-599K
Closings Since 1/23/09 58
Average Sales Price 191K
Average SQFT 2638
Average Days on Market 104
List Price/Sales Price % 95%

If you take the Active listings and divide them by the Pending homes plus the sold homes for the last month you get 3.06 months of inventory. Plus sellers can expect to receive 95% of asking price (when priced correctly), and sell in approximately 104 days. The nations inventory average is about 10 months. We have an incredible absorption rate in Cypress, TX. We are growing pretty quickly! If you are thinking about selling a home, please contact me today at 713-906-7338!

Cypress, TX- A Sellers Market? I think so!

77429 Zip Code
Current Active Listings 460
Price Range 63K-1.6Million
All Pending 132
Price Range 79K-2.25Mil
Closings Since 1/23/09 50
Average Sales Price 193K
Average SQFT 2687
Average Days on Market 73
List Price/Sales Price % 95%

If you take the Active Listings and divide them by the Pending homes plus the sold homes for the last month you get 2.53 months of inventory. Plus sellers can expect to receive 95% of asking price (when priced correctly), and sell in approximately 73 days. The nations inventory average is about 10 months. We have an incredible absorption rate in Cypress, TX. We are growing pretty quickly! If you are thinking about selling a home, please contact me today at 713-906-7338!

Lakes of Rosehill Community Info

Lakes of Rosehill consists of 401 single family homes, located off of Skinner and Huffmeister in Cypress, TX. If you are looking for a great location, huge lots, tall trees providing lots of shade, lakes, outstanding schools, plenty of shopping, close proximity to schools and a Metro Park-N-Ride- then look no further!

Number of Bedrooms-4.10

Average Lot Square FT-33,359

Average Year Built-2001

Median Appraised Value $344,950

Number of Baths-3

Average Square footage-3958

Average Price/Sq.FT- $90.67