Jill Wente's Spring Texas Real Estate Market Reports.

Whether you're navigating the journey of homeownership or seeking strategic investment opportunities, Jill Wente's market insights offer a compass in the ever-evolving realm of Spring, Texas real estate. Stay tuned for a firsthand look into the trends, tips, and transformative stories that define the real estate narrative in this sought-after community.
March 13, 2023

Spring Texas Real Estate Market Report March 13, 2023

The Spring selling season has kicked off with new listings skyrocketing 28% week over week. Even with the recent uptick in mortgage interest rates, demand has stayed steady. Months of inventory for the Spring Texas real estate market continues to remain tight at 1.5 months. Steady demand and tight inventory […]
February 27, 2023

Spring Texas Real Estate Market Report February 27, 2023

New listings surged 21% last week. Price decreases dropped 42%. Homes under contract declined 6%. Are sellers getting ready for the Spring real estate market?  March, April, and May are traditionally the months that our listing inventory volume increases. Sellers are listing their homes in anticipation of moving during the […]
February 20, 2023

Spring Texas Real Estate Market Report February 20, 2023

New listings dropped 13% and homes under contract jumped 22% reducing the months of inventory to 1.5 months. A high inflation data report and the potential for future increases in mortgage interest rates pushed buyers into action. Six months is considered a balanced market. Sitting at 1.5 months of inventory, […]
February 17, 2023

Spring Texas Real Estate Market February 13, 2023

New listings jumped 13% week over week. Buyers snatched up the new listings keeping months of inventory at 1.6. Six months is considered a balanced market. With less than six months of inventory, the Spring Texas real estate market is a sellers market. Although the local real estate market is […]
January 30, 2023

Spring Texas Real Estate Market Report January 30, 2023

Spring Texas Real Estate Market experiences 35% drop in price decreases. Accounting for 12% of the price decreases was new construction builder, Legend Homes who made modest price adjustments to his inventory homes. Number of new listings hitting the real estate market show little change. With the number of new […]
January 23, 2023

Spring Texas Real Estate Market January 23, 2023

The dip in 30 year mortgage interest rates into the low 6s brought buyers out in droves last week. Spring Texas homes under contract jumped 23% due to increased buyer demand. Numerous Spring Texas Realtors reported an increase in Open House attendance. Is the summer selling season starting early? New […]
January 17, 2023

Spring Texas Real Estate Market Report January 16, 2023

New listings added to the Spring Texas real estate market catapulted 32% last week. The holidays are over and homeowners have put their moving plans into action. Buyers snatched up the new homes on the market skyrocketing the homes under contract by 34%.  But not all of the new listings […]

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