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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September 2016
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November 2016

October 2016

Trends in Home Sales in Beaumont Texas

I can't take credit for the post on the blog today.  The credit goes to The Real Estate Center at Texas A&M.  They keep track of home sales for the entire state of Texas.   The charts shown below are for Beaumont, Texas.

Interesting Chart #1

2016 3 years monthly sales

If you would have asked me I would have thought 2016 had the highest number of home sales out of the past three years.  Right now that's wrong.  2015 is leading in the total number of home sales in Beaumont.

August 2016 has been the month with the largest number of sales for the three year period.  Maybe that's why I couldn't keep up in August!  It was a busy month for sellers.  It is unlikely October, November or December 2016 will beat August either.  We are in the typical seasonal fall slow down

  • Slowest months for selling a home are November, December, January and February.

Interesting Chart #2

2016 Monthly Sales

Top of chart

 

Here's the month by month home sales.  This isn't home sales for all of Southeast Texas.  The data on the chart is for Beaumont Home Sales.  

  • If you are thinking about selling your home, there is no reason to wait.  Even though we are in the slower months of the year, there is very low inventory on the market.  
  • 3.6 months supply is the lowest number of homes we've had on the market all year.
  • Contact me for a free professional market analysis.  Your home might be worth more than you think!

October home sales should be published by the Beaumont Board of REALTORS(c) soon.  Check back on the blog later this week.  

Happy Halloween! 

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New Home Construction Costs in Beaumont, TX

The other day someone contacted me for some information on the cost to buy or build a new home in Port Neches or Groves.  Today, I'm sharing some information on the cost of buying or building a new home in Beaumont, TX.  

Easy to read chart shown here.

New Constructionn Costs Beaumont

Here's some other interesting things about where the new homes are being built in Beaumont.

  • Barrington Heights had six new construction homes close.  
  • Barrington Heights also has the highest average price per square foot of all the neighborhoods at $141
  • Deerfield had seven new homes close.  The average price per square foot was $113.
  • Diamond D Ranch had seven new homes close.  The average price was approximately $129.
  • The Meadows had 4 homes close.  The average price was approximately $121.
  • Willow Creek Country Club Estates had four homes close.  The average price was approximately $112.  

If you are interested in buying a new home in Southeast Texas, let me help you make a smart purchase decision.  You can see by the data that new construction prices vary by neighborhood.  If you would like more information about any neighborhood in Southeast Texas contact me here on the blog.  Fill out the contact form or call me direct.  

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Nederland and Port Neches New Construction Home Sales

"My favorite blog posts are the ones that people request."  

Here's the answer to the question how much does new construction cost in Mid-County.  

MidC New Home Sales

This is information I can provide to all of my clients to help them make wise home buying and selling decisions.  If you are in the market to buy or sell a home contact me.  I'll gladly assist you with price recommendations for your neighborhood.

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