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.

Foreclosures Fall Again, Reaching 3-Year Lows
Beaumont, Texas didn't make this list

Southeast Texas Residential Home Sales Data, April 2011

Hello Spring!    Welcome back home buyers. 

April data 

Yes, we still have more than a balanced supply of inventory (homes for sale).  Yes, homes are taking four and a half months on average to sell.  No, 166 sales doesn't shatter any prior sales records.

"Take note of this,"

Home sellers are still getting close to 95% of their asking price on average.

If you make an offer on a home that's in great shape don't expect to get the seller to come down 15%.  It's not happening.  Foreclosures and homes that need updating maybe, but not on one that's move in ready.  Its still not a seller's market but for those homes that are in great shape the sellers still have a lot of control.  Multiple offers on the best homes are not a thing of the past.

If you want more information about Beaumont home sale or Southeast Texas home sales, contact me.  You can call or fill out a contact form here on the blog.  Look in the column and click contact icon.  You'll get a better deal and save money if you work with a professional REALTOR who knows the local market.

Search MLS for Homes
Email Diane

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Account Deleted

As we all know that it is the era of property business crises. So it means business will be down in worst situation if the dealers will not cooperate with their clients. Dealers should not think for high profit.
Boligsalg

Ejendomsmægler

As we all know that it is the era of property business crises. So it means business will be down in worst situation if the dealers will not cooperate with their clients. Dealers should not think for high profit. Andelsboligsalg

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Your Information

(Name and email address are required. Email address will not be displayed with the comment.)