What are homes selling for in Southeast Texas?
Here's a look at the average sales price of homes in Beaumont, Lumberton and Little Cypress for single family homes that closed in the month of October.
The homes sales in Little Cypress are averaging lower than Lumberton and Beaumont West 2 in part because there are still flooded and gutted home sales bringing down the average. That said, Lumberton and Beaumont West 2 and 4 usually have the highest average home sales prices in the whole Southeast Texas housing market.
Total Southeast Texas residential home sales in October numbered 290. The overall average sales price was $173,291. This overall average is also brought down by the flooded and gutted homes still in the market.
If you want to know the average home sales price for your neighborhood comment below. I'll be glad to share the information with you.
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$185,000 was the median price homes sold for in Hardin County during the month of August.Down 6.9% home last August
If you are interested in finding out the home sales data for your town or neighborhood in Southeast Texas just comment below or contact me and I'll be happy to help provide you with the information you need to make a smart home buying or selling decision.
Let's continue with yesterday's post about the ten Southeast Texas residential areas with the highest number of home sales this summer. Today, Silsbee home sales, Vidor home sales, and Orange home sales are shown on the chart.
You might notice the average sales price in these three areas is quite a bit lower than the average sales price in Lumberton, Orangefield and Bridge City. Keep in mind Vidor and Orange had a substantially large number of homes flood during Hurricane Harvey. The sales of flooded and gutted homes at low prices is bringing down the average sales price.
Of the 1o55 total homes sales from June 1 - Sept. 15, 2018, the average sales price was $179,294 and the average days on the market was 121.
Which area or neighborhood of Southeast Texas are you most interested in? Let me know in the comments and I will share some market data for you.
It was busy summer! At least it was busy home sales. According to data in the Southeast Texas MLS, 1055 single family homes sold between June 1, 2018 - September 15, 2018. There were ten Southeast Texas market areas that had over twenty homes sell.
Take a look at where the most homes sold.
The chart shows the number of homes that closed, the average sales price and the average number of days the homes were on the market. Today the chart shows Bridge City home sales, Lumberton home sales, and Orangefield home sales.
Other areas in Southeast Texas with more than twenty homes sales this summer:
More about the average sales prices and average days on the market in those areas later this week. If you are thinking of buying or selling a home in Southeast Texas before the end of the year, knowledge is powerful. If you are interested in a certain neighborhood comment below, call or text me and I will be glad to help you find out what the prices, trends, days on the market are before you make a decision.
Until next time,