A clear read on what the latest numbers mean for your next move.
If you are deciding whether to hold or sell, the first thing I would look at is supply. Last month, supply stood at 4.75 months in Ovilla, TX, and that gives me a practical starting point for the conversation.
Last month, supply stood at 4.75 months in Ovilla, TX. That is the clearest figure I have for this market right now, and it tells me I should approach pricing and timing carefully rather than casually.
For a seller, that level of supply means I would not lead with optimism alone. I would pay close attention to how a listing is positioned, because buyers have more breathing room when supply is sitting at that level.
First, I would compare the price target against what is actually moving. Second, I would decide whether the home needs a sharper launch plan before it hits the market.
