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.

Shortage of Homes for Sale in Vidor, TX
Home Selling Hint: Curb Appeal is Important.

Median Home Price in Orange County, Texas, February 2018

Feb Housing Report Orange Co

It is safe to say home prices in all parts of Orange County, Texas are still being affected by Hurricane Harvey.  More than half of the homes that closed in the month of February were sold for less than $100,000. 

What this image doesn't show is the number of flooded and gutted homes that sold vs the number of move in ready homes that sold.  Here's some other Orange County Homes Sales Stats:

  • Home prices are down 21% from last February 
  • The number of homes that closed this February is also down 21% from last February
  • The number of homes for sale is also down 21%.  

For buyers its a hard time to find a "move in ready" home in Orangefield, Vidor, Little Cypress and Mauriceville.   Seven months since Hurricane Harvey flooded close to 80% of the homes people are still rebuilding.  That limits the availability of homes for sale.  We are just now seeing the first remodeled and repaired homes hitting the market.   

If you are planing to buy or sell a home in any Orange County neighbor, I'm happy to help.  

Sincerely,

Diane

#409Sold.com

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Email Diane

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