Although the Real Estate Center has not posted their figures for May 2009 yet, let me give you some information that I've viewed in our local MLS*

As I talked about in my last Waco Market Update, this year of May appears to be much like April in comparison to April and May of 2008. In other words, sales are down from last year and median sales prices showed slight increases.

According to The Real Estate Center May of 2008 produced the following results:

242 residential sales

109,100 median sales price

Information from the MLS* for May of 2009 reflects:

184 residential sales

114,888 median sales price

And as we are midway through June, here is what our MLS* is telling me so far:

Up until today, June 15^th 2009

 109 residential sales

125,000 median sales price

Which appears to put us on target to be nearly identical to last year's June figures as stated by the Real Estate Center which was a total of 226 residential sales. Again bucking the median sales price which was 116,800 at that time.

Although our sales this year have so far been less than those of last, it looks like June has the potential to change that trend. It will be very interesting to see what the rest of June and the last half of this year will bring. Hopefully more good news.  

Please remember that every neighborhood is different. If you need more information on your home and its location, feel free to contact me for more information.

*This information was gathered from the Waco MLS and is deemed accurate but cannot be guaranteed. 

--In addition, all content on this post and comments cannot be guaranteed.  Use at your own risk.

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