Right now, the townhouse market in Farmers Branch is much more balanced than it used to be. You’re not seeing the crazy frenzy and bidding wars that were happening a while back. On average, townhomes are spending a good bit more time on the market now, which is a great sign for buyers. It means you have time to think things over, get a good look at the place, and not feel pressured into a quick decision.

For buyers, this is a much more comfortable market. There are more townhomes available to choose from, so you have more options and can really hunt for a place that fits exactly what you’re looking for. Plus, sellers are becoming more willing to negotiate. You’re seeing more price reductions on listings, and homes are generally selling for a little bit less than the original asking price. This gives you some room to make a smart offer.

On the flip side, sellers are in a different position than they were. The market isn’t as hot, so you can’t just slap a big price tag on your townhome and expect a quick sale. It’s really important to price your home correctly from the start. If you do, it will still get a lot of attention and sell, but you have to be more strategic and patient than you would have been a year or two ago.