Tool Spotlight

Market Analysis

Market Analysis is a tool that helps real estate agents draft personalized emails to customers or prospects discussing current market conditions in a specific city or area.

What does the tool do?

This tool generates a draft email that contains real-time data and information about the current market conditions in a given city. It helps agents provide valuable insights and updates to their clients.

How does the tool work?

To use the Market Analysis tool, simply input the state and city or zip code of interest. The tool will gather real-time data on market trends, such as the number of homes sold, average sale price, days on the market, and other relevant information. It then generates a formatted email draft that agents can customize and send to their clients.

What are the benefits of using the tool?

The Market Analysis tool is designed to help real estate agents keep their clients informed and engaged. By providing up-to-date market conditions and insights, agents can demonstrate their expertise and relevance to their clients. This tool saves agents time and effort in gathering data and composing personalized emails, allowing them to focus on building relationships and closing deals.

Try itarrow

Enter state and city, or zip code
Additional notes
Hi Jim,

I hope this email finds you well. I wanted to provide you with an update on the current real estate market conditions here in Houston.

Houston's real estate market is thriving at the moment. As of May 2023, there are 10,641 homes available for sale, representing an 11.4% increase compared to the previous month. The median list price for homes in Houston is $320,661. Properties tend to sell quickly, with an average time on the market of 33 days.

In the past year, we've seen some fluctuations in prices. 1 bedroom properties have become 4.5% more expensive, while 2 and 3 bedrooms have become 6.3% and 6.4% cheaper, respectively. On the other hand, 4 bedrooms have become 2.9% cheaper, and homes with 5+ bedrooms have seen a decrease in prices by 6.1%.

Houston's current market conditions can be described as neutral, meaning it is neither a buyer's nor a seller's market. However, it's worth noting that in May 2023, over 617 listings were sold over their listed price, indicating a competitive market environment.

If you are considering selling your home, it may be a good time to do so. With a high demand and fast-selling properties, acting quickly can be advantageous. I'd be more than happy to assist you with the process and provide you with a comprehensive market analysis to help you make informed decisions.

If you have any questions or would like to discuss further, feel free to give me a call at (855) 555-5555. You can also visit our website at www.saleswiserealty.com for more information about our services.

Looking forward to connecting with you soon!

Best regards,

Steve Smith
Saleswise Realty
(855) 555-5555
www.saleswiserealty.com