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.

Look What I Am Adding to My Shelf. Coldwell Banker's International Diamond Society Award for Top Producing Agents.
Fannett, Lumberton, & Little Cypress Homes are Selling Fastest this Spring.

Beaumont's Average Home Sales Price was $169,001 in April

April Sales Data

I like charts.  You can say so much in not many words.  For those still reading, let me explain the chart in a little more detail.

  • There were 262 total single family homes that closed in April.
  • The lowest level of activity is in the over $250,000 price range.  
  • 15 homes sold in the $250k-$299k price range.
  • 22 homes sold in the $300k-$399k price range.  
  • 11 homes sold above $400,000
  • 5.8 months is the supply of homes on the market.  It is the number of months it would take at the current sales rate for all the homes currently on the market to be sold.  
  • The supply has started to rise over the past couple of months.  
  • 6 month supply of homes is considered to be a balanced market.  

If you have any questions about the Southeast Texas housing market, I'll be glad to try to answer them for you.  If  you are looking to buy or sell a home in the area I'm here to help.  Contact me and let's get started.

Sincerely,

Diane

 

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