The big three have just been announced!
- Sales Closed 137
- Average Days on the Market 114
- Average Sales Price $140,883
Dig a little deeper...
- Homes priced from $120,000-$139,999 are the hottest selling segment
- Homes under $200,000 account for approximately 75% of the sales in November
- Less than 5% of the sales are homes priced above $300,000
Dig even deeper...
- There are more homes for sale in the $50,000-$79,999 price range than any other
- Every segment has at least 100 hundred or more homes except $400,000 plus
And even deeper into the November home sales data...
- There is more than six months supply in all price segments above $180,000.
- Inventory levels above an eight month supply generally represent a buyer's market
- At the current sales rate the months supply for homes above $300,000 is 24 months or greater.
Want to know more about buying or selling a home in Southeast Texas? Contact me.
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Deirdre G
Posted by: philippine real estate | December 22, 2009 at 12:36 AM