The market's weird, but not dead (promise)

The market’s weird, but not dead (promise)

This year’s market has been… a ride.

Rates are up, rates are down, rates are up again. Who can keep up? Buyers... oh, they’re out there alright. But they’re picky. And you know what? Rightfully so—they can be now! They don’t have to give away their firstborn to get an offer accepted. So, they’re taking their time.

Honestly, I agree with some of the headlines right now. Especially the ones all over the place, ha. But here’s what’s actually going down, not just what the headlines are yelling at ya. We gotta dig into the data hyper-local to us! Here’s how it’s shaking out in Seabrook, TX.

In Seabrook, the average sales price is $347,657, which is down 2.5% compared to this time last year.

We’re seeing 7.2 months of inventory, meaning it’s leaning toward a balanced market right now.

Homes are selling in about 103 days on average, so the pace is slowing down compared to last year.

And just so we’re clear, 25 homes have sold in our market in the last 30 days. So yes, things are still moving! And sellers who price right, prep well, and market smart are still coming out ahead.

If you want more data on your neighborhood specifically, hit me up! I’ll share all the deets on what your neighbor REALLY sold for (seller concessions and all)!

The Gems at Black Diamond Real Estate Group