November Residential Report “We Know This Market!” Casey J
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November 2008 Update
Number of Closed Units
November 2008 Update
Click Here for the Texas A&M Real Estate Research Center
November 2008 Update
Some Local Facts:
Average Days on Market: 118 DOM up 16 days from October
Fastest Moving Price Range:$120,000-$179,000318 Listings up from 298 last month36 sold in the above price range vs. 49 last month
The Slowest Price Range:$400,000 plus. There are currently 135 on the market vs. 133 as per last month. Inventory: 12 plus months to sell current market.
The highest price home to sell in November: $489,000The lowest price home to sell in November: $9,900
In November $18,000,000 million dollars of real estate sold and closed. No changes to this market are in sight, Listings continuing to climb and have broke through 1,000 homes now on the market.
November 2008 Update
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Thanks For Your Time
Casey J
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