When it comes to selling property, the first questions people ask are – Is the Dallas property market still strong in 2022? How quickly can I sell my home? The answer isn’t quite as simple as a yes or no… here’s an overview of what makes your home sell quickly in Dallas today, from our cash for homes agency.
What is the 2022 Dallas property market overview?
Property demand and prices are affected by a number of factors including the availability of good jobs in the area, the economy, and how many homes are on the market. Luckily, Dallas is one of the best cities to live in, as it’s home to big businesses, great schools, and a thriving culture. This makes it a place people want to relocate to, making demand for housing high. Current research shows that the average value for homes in the Dallas-Fort Worth area rose by an impressive 27.1% in the past year, and if no big disruptions occur, it will continue to rise by 4.2% by July 2023. The median home price reached $300,000 in 2021, which is great news if you want to sell your home now!
What is your property type and where is it located?
To sell quickly at a good price, homes have to be the type of property buyers are looking for in a great area. Start by thinking about who your ideal buyer would be. For example, a single-family home in an area with great schools and transport links will be perfect for couples with children – and will always be in highest demand. Similarly, starter homes and apartments in good areas of the city will always get a great price from first time, younger buyers. It’s all about how well your property type and location matches with what the market is looking for, as those get the highest prices.
Is there a lot of competition?
The one downside of being in a seller’s market is that there are a lot more homes to compete with. According to recent property market research:
- New Listings increased by 25.63% year-on-year
- Active Listings increased by 60.60% year-on-year
- Months inventory for single-family homes rose from 1.1 to 1.8 months
- Days to sell declined from 54 to 53
Investment properties stay in high demand
Property investors will always look for a good deal in a booming market, with the idea to remodel and flip the home or rent it out. In Dallas, the rental market is rebounding, which is good news for people looking to sell homes to property investors. Generally, property investors are more interested in homes that aren’t considered as easy to sell as others – for example, properties in more out of the way areas, that are dated or quirky, or can be expanded onto.
This makes the Dallas property market a bit hit or miss – hot homes sell fast for record amounts, and so do homes at the lower end of the market. There are far more challenges for properties in the middle of the market where the competition is more fierce and time to sell takes far longer.
Our Dallas cash home buyers agency will buy your home in 24 hours!
When you want to sell your home for cash and without spending more money on repairs or paying real estate agent fees, there’s no one better than Shiny Key Properties! Our Dallas cash home buyers purchase homes in any condition, at any time of year, from well-kept family homes to teardowns and everything in between.
If you want to sell your home as is without having to look for a buyer, deal with a real estate agent and pay their commission, or even empty the home, then the best option is to sell directly to our cash for homes agency. We price your home according to the market, so you get a fair deal in record time, and we can even help you get out of foreclosure quickly!
When you want to sell your home if it’s damaged, in foreclosure or because you simply want to sell, we will buy your home fast, putting a lump sum into your account in a matter of days. Here’s how our process works:
- You enter your information on our website. We’ll contact you directly to discuss an offer for your home (you can also get a free home evaluation from our website)
- You can accept or reject the FREE NO-OBLIGATION offer
- Cash will be deposited into your bank account – with no real estate agent fees or realtor fees
- We can handle all aspects of the process, including clearing out the home
- You can also call us directly on 469-858-0088
That’s all there is to it!
Our team is compassionate and highly motivated to offer you the best possible market-related price for your home, so you can sell your home fast. Not only does this cash go straight into your bank account as soon as the sale goes through, but you also pay no real estate agent fees or commission. It’s the best way to sell your home as is.