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.

Beaumont Homes Sales, Down, Down and Down for March 2017
Guess How Many Homes Over $500,000 Sold in Southeast Texas in the Past Twelve Months

Southeast Texas Home Sales, January through April 2017

It is a strange real estate market we have in Southeast Texas this year.  This is my tenth year selling homes in Southeast Texas, as a top agent and consistent multi-million dollar producer, I can honestly say this market is like no other that I've seen.  

To say we have a shortage of inventory in the lower price ranges is an under statement.  The move in ready homes are getting multiple offers as soon as they hit the market.  

Here's a look at where they are selling

Jan_april sales 100_200k

Data on this graphic comes from the Southeast Texas MLS.  Since January 1 there have been a total of 386 home closings in  the $100,000-$200,000 price range.  

The average days on market (dom) for these homes is 94.

If you are looking for more information about the Southeast Texas Residential Housing Market contact me here on the blog or by phone.  I'm happy to answer any questions you might have about buying or selling a home in Southeast Texas.

Sincerely,

Diane

 

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