More choices and a longer sales pace can give you room to be selective instead of rushing.
If you are trying to decide whether to move now or keep waiting, the better question is whether this market gives you enough room to shop carefully. I believe it does. In Willis, TX, supply recently stood at 5.45 months and a typical sale took 68 days, which gives buyers more breathing room than a market where everything disappears overnight.
The first thing I would focus on is leverage. Recent offers in Willis, TX landed about 97.8% of asking, and the typical sold price was $289,900 last month. That points to a market where buyers can stay disciplined. You do not need to assume every house deserves a full-price offer just because it is available. I also pay attention to the spread between new listing price, active asking price, and closed price. New listings came out at a typical $350,995, active homes sat around $309,990, and closed sales came in at $289,900. That does not guarantee a discount on every property, but it does tell me plenty of homes are entering the market above where buyers are ultimately closing, which is useful when you are deciding how aggressive to be. Tour enough homes to understand the real quality difference at your budget. Keep your offer tied to what buyers have actually been willing to pay recently, not just the sticker price. Be patient when a house is overpriced, and be ready to move when one is well-positioned and aligns with the typical closed range.
About Greg Sanders, Realtor
Greg Sanders, Realtor is a licensed Real Estate Professional affiliated with NB Elite Realty Group, specializing in the Willis market. With a focus on strategic marketing and deep local knowledge, Greg Sanders, Realtor provides clients with expert guidance in navigating complex real estate transactions. View full profile →