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.

Home Prices Up, Sales Down, Lumberton Home Sales May 2020

Hardin Sales May

 

More home sales information coming your way

Today, let's look at Hardin County home sales data for the month of May.  There is good news in Lumberton, and all of Hardin County.  Home sales prices are way up to a median price of $219,725.  That's a jump of 31.2% since last May.  

"Seems like an anomaly doesn't it?" 

I don't think prices have gone up 31.2% in a year.  There is another factor to look at and that is the decrease in sales.  Sales are down 44.9% from last May.  

That's likely an anomaly also.  From what I can gather looking at the data sales are off the normal May sales pace.  Not to surprising given the last few months of Covid, Quarantine, Shut Downs, etc.  

What to make of all this- 

If you are looking to buy or sell in Lumberton it is important to know your specific neighborhood sales data.  Call it the micro data.  You will need an experienced Realtor with access to the MLS to help you with that.  I'm hear to help if you are ready to buy or sell a home in Lumberton or any part of Southeast Texas.

Sincerely,

Diane

 

 

 

 

 

 

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Beaumont Home Sales, May 2020, A Top Agent's Thoughts

May Stats

Top Agents always know what's happening in our local markets.  That's why I've been waiting for this report to be released by the Beaumont Board of Realtors.  It shows what I've been seeing and thinking.  

The market was slow in May. 

Take a look at points 1, 2 and 3 on the image above. 

  1. 92% of the home sales were priced below $300,000 (not to uncommon for our local real estate market)
  2. Sales were down 19.8% in May compared to last year (um wow, that's big)
  3. Days to sell were up 6 days (not to concerned about this number)

Should we really be surprised with everything that has happened in the past few months.  Covid. Social Distancing. Business Closures.  They all have an impact on home sales.  

Don't despair.  It is not all doom and gloom.  It's just an accurate look at what happened in the Beaumont housing market in May.  

If you are thinking of buying a home in Beaumont, Texas (not to be confused with Beaumont, CA) this is probably your best opportunity in months.  There is less competition among buyers for some really good houses.  

If you are thinking about selling a home it is still a good time to sell (with patience).  There is still a low level of inventory.  Strategic Pricing and Marketing is more important than ever. 

I'm still waiting on the typical summer home sales surge.  Maybe it will happen in June.   If you have any questions about real estate in Southeast Texas ask me.  

Sincerely,

Diane

 

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Putting up a Sale Pending sign is one of my favorite things. This home in Westchase Village had multiple offers in the first 3 days it was on the market.

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Home Sales in Westchase Village, Beaumont, Texas

Sold tag on chimney

Since Jan. 1, 2020 there have been five homes close in Westchase Village.  Most of the top Beaumont Realtors refer to Westchase Village as one of Beaumont's premier neighborhoods.  Home prices start in the mid 200's and quickly go up into the 500's.  

Take a look at what homes have sold in Westchase Village this year.

WCV Sales Jan 1

 

If you are thinking about selling a home in Southeast Texas, not just Westchase Village then these are data points you will want to know.  The best listing agents will always know this neighborhood sales data before they price a home.  We get our data from the MLS.  Zillow can't tell you what your Southeast Texas home is worth.  They don't have anyone here looking at homes.  They are giving you a computer generate guess called a Zestimate.  

If you really want to know the value of any home in Southeast Texas work with a top real estate agent.  What house do you want to know the value of?  Ask me.  I'm here to help.  My specialization is helping sellers strategically price their homes to sell at top dollar in a reasonable amount of time.  I work with relocation clients including Cartus Relocation, SIRVA relocation and several others.  Customer satisfaction is my highest priority.  If you are thinking of selling your home contact me here on the blog or by phone, text or email.  

Sincerely,

Diane

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Just Listed. 2465 Sunflower. Westchase Village.

Going in the MLS today.  2465 Sunflower, Beaumont, Texas.  Westchase Village.   

2465 Sunflower Front Ext

There are several marketing strategies that I use with each home I list for sale.  To be a top listing agent in Beaumont, Lumberton, Orange or any part of Southeast Texas for that matter, you have to know how to effectively market a property to reach the most potential buyers.  

More buyers = more offers = best price for the seller.  

To put a home in the MLS is not enough!  The quality of photos is critical.  Have you looked at some of the real estate photos out there?  There are some bad ones.  Staging a home is important.  Colors, furniture arrangement, clutter all have an impact on the buyers looking at your home online.  

Three dimensional tours are used by the top agents in Beaumont, Lumberton, and Orange.  When you are ready to list your home ask any agent you interview what marketing strategy they will use to expose your home to the most buyers.  

If you are thinking of selling your home and are ready to talk to a top REALTOR then contact me.  You can reach me on the blog or by text.  I specialize in helping people sell their homes and my top priorities are high level marketing and outstanding customer service.  

Sincerely,

Diane

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Buying or Selling in Westchase Village, Beaumont, Texas

Knowing the market is critical when you plan to buy or sell a home.  Top Real Estate Agents know the local market.  We have access to the latest and most accurate data.  Zillow doesn't. 

Today I'm sharing market data from Westchase Village in Beaumont.  I'm not sharing it all.  That would be silly.  Then why would you need to call me?  This is what I call the fast stats.  

Eleven sales since August 2019. 

2020-02-27_13-44-06

 

You might wonder how this information -minimums, maximums, averages -help you buy or sell a home.  These numbers give you a good idea what you might expect to pay to buy or what you might expect to profit on a sale.  

That's the big picture for the neighborhood.  From there you have to compare apples to apples.  You don't compare a 15 year old home to a 5 year old home unless the 15 year old home has had some major updates.  That's where working with a top real estate agent can save you thousands of dollars.  

If you have questions about Westchase Village or any other neighborhood in Beaumont, I'm here to help.  Contact me on the blog, call, text or make an appointment to meet me at my office.  Let me know what neighborhood you want the fast stats on.  I'll post them here on the blog.

Sincerely,

Diane

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Finding a Top Realtor in Beaumont, Texas

Did you Google it?  I did. 

There are a lot of ads that will tell you how to find the right real estate agent, the top three realtors in your neighborhood, the top seller's agent in Beaumont, the top buyer's agent in Lumberton.  You get the message.  A lot of money is paid to these referral based real estate companies from agents that what you to find them.  

But you clicked my blog.  Organic results instead of paid results is my goal.  Marketing is my specialty.  I help people in Southeast Texas sell homes. 

Ready set sell

I work with buyers too but usually only ones that are referred to me by a friend or past client. 

There's only so much time in a day and my area of focus is helping sellers get the top price for their home.  

If you are thinking about selling a home in Southeast Texas I would like to talk to you.  You can contact me from the blog, call or text me on my cell.  

There are five key marketing tools that I use to sell homes for top market prices.  Let discuss them.  There is no cost or obligation to list your home.  The market analysis is a professional service I offer to help you decide if you want to sell your home. 

Sincerely,

Diane

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