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.