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.

August Home Sales Up Across Texas, Down in Beaumont
Home Sales in SE Texas 2010 vs 2011

Southeast Texas Single Family Home Sales Slow in September

It is a common occurrence.  Home sales slow in September.  This year is no different, except they slowed more than they have the past several years.

The chart below shows the top five areas for single family home sales in Southeast Texas for the month of September. 

2011 Sept Sales

Here's a few September's gone by:

  • 2010 = 124 home sales
  • 2009 = 146 home sales
  • 2006 = 228 home sales

See that!  That's a 50% reduction in the number of homes that sold in September 2006 to September 2011.  If you read much about real estate then you are aware 2006 is considered the peak of the market.  I wonder if we will look back in a few years and call 2011 the bottom of the real estate market. 

One other thing to take note of is that the average days a home spends on the market in Southeast Texas is 121.  If you are thinking about selling your home you will want to keep that in mind.  4 months is the average. 

If you want to know more about the Southeast Texas real estate market or single family home sales in Beaumont, Texas contact me.  Its easy.  Call, text, or click the link on the blog.  If I don't know the answer to your real estate question I will do my best to find out. 

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Comments

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Roy West

This is great information. Thanks for sharing it!

 Dallas Property Management

Excellent post I must say.. Simple but yet interesting and engaging.. Keep up the awesome work!

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