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.

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Southeast Texas Home Sales, Let's Recap 2011

Posted by The Real Estate Center at Texas A&M.

This information is worth sharing.  Love those guys at The Real Estate Center.  They research home sales for the whole state.  Here's what they recently posted.

Texas Stats

Here's what jumps out at me.  Beaumont still has a 11.1 month supply of homes on the market.  Remember a six month supply is considered a healthy balanced market.  Until the supply starts to trend down toward the magical six month supply, the Southeast Texas housing market will continue to feel downward pressure on home prices. 

If you have wondered where I've been and why there have been so few posts over the past two months, I'm happy to say my husband and I had our first child.  Instead of researching the housing market, I've been researching everything baby.  Look for more posts on the Southeast Texas housing market in the coming weeks as I get more sleep I will start to post again.  As always feel free to contact me for specific questions about real estate in Southeast Texas. 

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Comments

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jrd

Congratulations!

Seattle land for sale

Readers must follow this blog post. Discover new ideas and tips here. Great stuff indeed. Good Luck for the upcoming post. :)

home owners insurance company

The year 2011 was quite a worry in terms of housing sale. Though prices were in free fall, the buying rate was dismal.

 Dallas Property Management

Thanks! This post contains very significant ideas and facts that every reader should be followed. Great idea indeed.

Barb

Congratulations. I really enjoy your blog about the Beaumont housing market.

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Looks like sales have been down as of late. Is this an indicator that now is the right time to buy and move?

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Excellent blog post thanks for sharing it with us.

Adirondack Waterfront Property

Nice topic-specific blog. Would love to read more stuff like this on the web..;-) Cheers.

Keyman Insurance

Glad you shared this recap. Now I know how it was in 2011. Thanks!

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