Hey Castle Hills! We are fast approaching the spring season! After a couple of stale months for the housing market this winter, we have begun seeing an uptick housing activity up over the last couple of weeks. This is a great indication that we can expect a busy spring season for our housing market here in Castle Hills and the surrounding areas!
In Castle Hills, there are currently only 13 homes on the market in the entire subdivision as of March 7, 2023. Active homes range from $720,000 all the way up to $3,900,000 for an Enchanted Hills new construction estate. Active listings currently have an average of 63 days on the market. We have 8 listings currently pending in Castle Hills and 7 out of the 8 pending properties went pending only in the last 2 weeks. One of these newly pending homes had been on the market for 103 days. Pending home prices currently range from the $705,000 to $1.65M.
The flurry of activity we saw in the last 2 weeks where both new and older listings were going under contract is a great indicator that we are now warming up for an active spring market! We are seeing an increase in both new listings and an increase in listings going under contract. It’s not too late to get ahead of the spring housing rush. We are still lacking in housing inventory across the metroplex and it is still considered to be a seller’s market – we only had 1.7 months of inventory in February in Denton County. If you are considering selling your home, reach out to us today and lets discuss how we can help you in your home sale. We help sellers with their home make-ready, staging, marketing and much more! Call us today at 214-449-1022 or visit our website at www.CastleHillsRealEstate.com
