Frnka Realty Group

This took awhile, but the sellers kept the faith. If all the stars align, we'll be closing in late April. This market requires patience and flexibility. As always, we are available if you're thinking about buying or selling.

🏡A great home just became an even better opportunity

16858 Ranger Ridge Dr – Cypress, TX, Park Creek subdivision

🛏 3 Bedrooms
🛁 2.5 Bathrooms
💰 $315,000

✨ Seller is now offering a $4,500 concession that can be used toward closing costs, rate buy-down, or updates.

Located in the Park Creek subdivision, this home offers comfortable living, great curb appeal, and convenient access to shopping, dining, and major commuter routes.

If you or someone you know has been looking in Cypress, this is a home worth seeing.

📩 Message us for details or to schedule a showing.

Get in touch for more information

"There is no greater love than this, when a man lays down his life for the sake of his friends". John 15:13

"Behind all your stories is your mother's story, because her's is where your's begins" - Mitch Albom

Frnka Realty Group's Zip Code of the Week - 77375, encompassing much of Tomball, TX. Here's the latest update:

First let's take a look at inventory: Months Supply currently sits at 3.04. This means that at the current rate of sales, it would take just over 3 months to sell all the homes on the market.

Next, we see that the 12-Month Change in Months of Inventory has increased by 38.81%. This indicates that there are more homes available for sale compared to a year ago, which could potentially give buyers more options to choose from.

Now, let's talk about the Median Days Homes are On the Market, which is 33. This tells us that homes are selling relatively quickly, with an average of just over a month before they find a buyer.

Moving on to the Sold to List Price Percentage of 98.5%, this shows that homes are typically selling very close to their asking price. Sellers are getting almost all of what they're asking for, which is great news for them.

Lastly, we have the Median Sold Price at $402,000. This gives us an idea of the average price at which homes are selling in the market.

Overall, these metrics suggest a healthy real estate market with a good balance between supply and demand. Buyers have options, homes are selling quickly, and sellers are getting close to their asking price. It's a win-win situation for everyone involved.

If you're hunting includes hunting for a house or a buyer for your home, hop on over to the 📞 and give us a call.