Cedar Creek Lake, TX homes are Selling at Near List Price!

Our listing clients frequently ask us how much above their desired price their home should be listed. Buyers want to know the usual amount they should expect to pay below the list price.

We've taken a look at the data in the Henderson County Board of Realtors MLS and found the following for the 401 homes that sold in the past 18 months around Cedar Creek Lake:

· 70 of the homes (17.4%) sold at list price or more

· The median sales price was 94% of the list price

· The average days on market for the homes that sold at list price or more was 106 days (3 months)

· The average days on market for those sold between the median 96% and 99.9% was 150 (5 months)

· Homes sold at less than the median 96% of the Cedar Creek Lake, TX market averaged 179 days on market. (6 months)

The data above shows that while a seller can ask what they'd like, they'll receive the results the market is willing to pay (both in money and time). If they ask more than the market value, buyers will come more slowly, and they'll still only receive the market price. Buyers and real estate agents understand the market and will more quickly view and buy a home that is well priced.

Visit Cedar Creek Lake Real Estate to see homes for sale at Cedar Creek Lake
Keller Williams Cedar Creek Lake Realty, Gun Barrel City, TX 75156
Search Over 600 Cedar Creek Lake Homes for sale
REALTORS(R) Serving the Cedar Creek Lake area - Eustace, Gun Barrel City, Kemp, Mabank, Malakoff, Seven Points, Tool and Trindad