North Richland Hills New Listings

The real estate market is extremely hot in the DFW Metroplex and has turned into a seller’s market in many communities, and North Richland Hills is a prime example of where this is happening.  With only slightly over a one and one-half months’ supply of homes for sale,  the North Richland Hills real estate market is definitely in a seller’s markets.  North Richland Hills new listings of homes that show well and are priced accordingly are getting multiple offers and can sell for several thousands of dollars over list price.  However, this is still a great time to purchase a North Richland Hills new listing home for sale.  Interest rates remain near historic lows and even with the near 20 year lows of inventory of North Richland Hills homes for sale, the real estate market in north Texas should remain strong for the next few years, so the home you’re interested in will only get more expensive.  North Richland Hills new listings are getting numerous showings the first day on the market.

Home sales are up 14% year over year in North Richland Hills real estate, with the median price up 18% to $140,000. Homes are staying on the market about as long as last year, averaging 63 days, and there is only a 1.7 month supply of homes currently on the market in North Richland Hills, down 36% from last year (a ‘normal’ market, not a buyer’s market nor a seller’s market is considered to be a 6 month supply of homes on the market).

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North Richland Hills New Listings

Check back to this page often.  And if you have any questions about North Richland Hills  homes for sale please contact me at gerald@d-fwhomes.com or call 972-402-4124 or cell – 972-989-6999.

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