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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August 2016
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October 2016

September 2016

New Listing Coming Soon, Orangefield ISD, 4 Bedroom Home

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If you or someone you know if looking for a 4 bedroom home in Orangefield ISD, contact me for more information on this listing that will be coming on the market soon.  Built in 1980 with 2,457 square feet the home has been recently completely painted on the interior and has laminate floors.  .57 acres of land.  

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Beaumont Home Sales Up 22% August 2016

 

 

 

August Beaumont Housing Report

The Beaumont Housing Report is published by the Beaumont Board of REALTORS.  The data used in this local market housing report comes from the Texas REALTOR Data Relevance Project, a partnership among local REALTOR associations and their MLS's, the Real Estate Center at Texas A&M and the Texas Association of REALTORS.

People always ask me "Is this a good time to sell a home?"  Here's my answer:

It is a good time to sell because...

  • there is so little competition on the market.  3.5 months of inventory is very low. 
  • the number of active listings is down 38% from August 2015.
  • homes are averaging 76 days on the market.  24 days less than August 2015.

If you are thinking of selling your home, let me provide you with a professional market analysis.  You might be pleasantly surprised to find out what your home will sell for in today's market.  Send me an email, call or text me your address and I'll get started on it right away.

 

 

 

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Home Sales in SE Texas for the month of July 2016

A total of 223 homes closed in the month of July.   $158,501 was the average sales price.  Of the 223 sales, 58 were priced over $200,000.  That's approximately 26%.  

Here's a chart you might find helpful.

July Sales Data

As we enter the fall, home sales typically cool down.  Yes, pun intended.  Currently, we have 1,371 homes for sale in the Southeast Texas MLS.  That's a 5.6 months supply.  Earlier this summer the months supply was hovering around 4 months.   Keep in mind the Real Estate Center at Texas A&M says a 6 month supply of homes on the market is considered balanced. The Southeast Texas housing market is pretty close.  

If you are planning to sell your home this fall, there are things you can do to maximize your homes chance of selling faster and for a higher price than the other home sellers out there.  One of the services I provide is a custom home marketing plan. Contact me for details.  

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