An inside look at the residential real estate market in Southeast Texas including: the hottest neighborhoods, proven home selling strategies, home buying and negotiating tactics, median prices by neighborhood, average days homes are on the market, and professional advice on how to get the best deal when buying or selling a home.

Silsbee, Vidor, and Orange Home Sales Summer 2018

Let's continue with yesterday's post about the ten Southeast Texas residential areas with the highest number of home sales this summer.  Today, Silsbee home sales, Vidor home sales, and Orange home sales are shown on the chart.  

Summer sales compare 3

 

You might notice the average sales price in these three areas is quite a bit lower than the average sales price in Lumberton, Orangefield and Bridge City.  Keep in mind Vidor and Orange had a substantially large number of homes flood during Hurricane Harvey.  The sales of flooded and gutted homes at low prices is bringing down the average sales price.  

Of the 1o55 total homes sales from June 1 - Sept. 15, 2018, the average sales price was $179,294 and the average days on the market was 121.  

Which area or neighborhood of Southeast Texas are you most interested in?  Let me know in the comments and I will share some market data for you.

Sincerely,

Diane

 

 

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1055 Homes Sold in Southeast Texas this Summer

It was busy summer!  At least it was busy home sales.  According to data in the Southeast Texas MLS, 1055 single family homes sold between June 1, 2018 - September 15, 2018.  There were ten Southeast Texas market areas that had over twenty homes sell. 

Take a look at where the most homes sold.

Summer Home Sales 2018

 

 

 

 

 

 

 

 

 

 

 

The chart shows the number of homes that closed, the average sales price and the average number of days the homes were on the market.  Today the chart shows Bridge City home sales, Lumberton home sales, and Orangefield home sales.  

Other areas in Southeast Texas with more than twenty homes sales this summer:

  1. Silsbee 22
  2. Vidor 43
  3. Beaumont W4  44
  4. Beaumont W5  26
  5. Beaumont W6  41
  6. Beaumont N6  69
  7. Orange  49

More about the average sales prices and average days on the market in those areas later this week.  If you are thinking of buying or selling a home in Southeast Texas before the end of the year, knowledge is powerful.  If you are interested in a certain neighborhood comment below, call or text me and I will be glad to help you find out what the prices, trends, days on the market are before you make a decision.  

Until next time,

Diane

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Video. Like it? It seems to be the wave of the future. I'm going to start posting short video clips, once a week or so, with me talking about some local Southeast Texas residential real estate topics.

If you have any questions about homes sales in Southeast Texas or residential real estate in general send them my way. Its easy. Just comment below. I will try to answer any real estate questions that are asked here on the blog.

Thanks for watching my "what's my home worth" video.
Diane

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Did you miss it? I took a break from the Blog for the summer but I'm back.

What better way to return than to share the new Coldwell Banker commercial!

Are you attending Dogtoberfest Saturday, October 13th? Coldwell Banker Southern Homes will be there with a prizes and an all new Agility course. Need more information? Text me.

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Real Estate Photography Game Changer: Expore 3D Space

This technology is the newest and coolest thing to happen to real estate marketing in a long time.  Take a look at how the Matterport Camera allows you to see a home like never before from your computer screen, smart phone or tablet.  

Just listed 7710 Windchase in the Westchase neighborhood in the Westend of Beaumont.  This home offers everything many discriminating buyers ask for.  5 bedrooms, 3 1/2 baths, plus an office, plus a bonus room, with a swimming pool and spa, and an outdoor kitchen.  

Take a look!

If you are thinking of selling your home, let's talk.  I can show you how the Matterport camera and some other strategic marketing techniques will help you sell your home for the best price possible in a time frame that suits your needs.

Sincerely,

Diane

 

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Why Hasn't This House Sold?

Why Hasn't This House Sold?

Sometimes a listing that should sell quickly doesn't.  

This is a remodeled, move in ready home just off Tram Road in Beaumont.  It has 1542 square feet of heated and cooled living space.  It has 1/3 of an acre.  It has a workshop/storeage building in the back.  The architectural shingle roof was put on in 2017.  

There should be a line of buyers waiting to buy this one.  

Share with anyone you know who's looking for a home that's under $110,000.  Contact me for an appointment to go see it.  

Sincerely,

Diane

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Choosing a Top Realtor in Beaumont, Texas. Diane McNelis

 

How do you choose a top Realtor?   There are a few simple things to check before you choose a real estate agent.

Half ninja

  1.   How long has the Realtor been in the real estate business?  The longer the better.  The more contracts they have written and homes they have sold has added to their knowledge and experience.  Look for an agent who's been in the business at least five years and has sold over 100 homes.  I've been helping people buy and sell homes for about 18 years and have written hundreds of contracts. 
  2.  Is the Realtor a Relocation Certified Agent?  Relocation agents are chosen by their brokers because they are the top agents in their office.  Relocation agents take extra training and meet high customer satisfaction goals.  I've been a Relocation Agent for over 10 years.  I work with Cartus clients, Brookfield clients, Weichart clients and several others.
  3.  What do past clients say about the Realtor?  We live in a world of reviews.  If you agent can't show you good reviews from past clients you might need to look around for another agent.  

If you are thinking about selling a home in Southeast Texas and you are looking to talk to a top Realtor, please call me.  Text me if you prefer to text.  I'm always available to discuss real estate and the ways I can help you sell your home. 

Sincerely,

Diane

 

 

 

 

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Beaumont, Texas Home Prices Up 11.1% in 1st Q 2018

Home Sales in the 1st Quarter of 2018 

  • 225 Homes were sold.  4.3% less than the 1st Q of 2017
  • Median price was $149,950.  That's an 11.1% increase from the 1st Q of 2017.
  • Inventory is very low at only 2.2 months supply.   Balanced markets have about 6 months supply.

Beaumont Housing Report March

Takeaways for buyers: 

There is a lot of competition for the limited number of homes on the market.  You will want to know as soon as a new home hits the MLS.  Your Realtor can set up a listing notifier for you.  Be prepared to see a home in the first day or two its on the market if you want to have a chance at getting the home.  Be prepared to come in at your best offer and in some cases be ready for to compete in a multiple offer situation.

Takeaways for sellers:  

If you are considering selling your home this is a great time.  There are more buyers in the market for "move in ready" homes than there are homes available.  Its a sellers market.  What to find out what the value of your home is in this market, call me.  A professional market analysis is a service I provide.  No cost or obligation to list.   If you have real estate questions, I'm happy to help. 

Sincerely,

Diane

 

 

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