What would your Ranch at Eagle Mountain home sell for in this market?
The Ranch at Eagle Mountain is a popular neighborhood located near Eagle Mountain Lake just off of Boat Club Road and located about 5 miles from I-820. You can expect to find homes priced between $275K and $325K in this community. You will also find new construction taking place on the back side (west side) of the neighborhood.
In May of 2018, homes sold in Eagle Ranch at 97.9 percent of original list price as compared to May of 2017 when they sold for 100.7 percent of list price (see our MLS graph below).
What is your home worth? Give us a call at 817-480-8425 and let Terri Christian with The Christian Group give you a free consultation on what your home is worth? It will only take 20 - 30 minutes. Besides, she has over 35 years experience from helping thousands of Fort Worth home owners just like you.
Friday, June 01, 2018 / by Bernie Christian
HEY LAKE COUNTRY ESTATES SELLERS AND BUYERS - ITS OFFICIALLY
A NEUTRAL REAL ESTATE MARKET MARKET
We have helped a lot of buyers and sellers in the Eagle Mountain Lake community in the last 14 years and we've cycled through several different types of marketing over that time. Most people have heard the terms, "Buyers Market" or "Seller's Market" but is there any such thing as a neutral real estate market?
Here we are on June 1st, 2018 and so we ask ourselves...what are the market conditions in the local real estate market in Lake Country Estates? By looking at the bar graph below, we can see that May of 2017 and May of 2018 both had 4.9 months of housing inventory. Neutral markets are defined as having between 3 to 6 months of housing inventory so we can then say that Lake Country Estates is in a neutral market. In contrast, A seller's market has an inventory of less than 3 months and a buyer's market would be greater than 6 months of inventory.
You might ask ...