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KERR COUNTY REAL ESTATES SALES – SUMMER SO FAR ABOUT EQUAL TO LAST

By
Real Estate Agent with Hill Country Home & Ranch Team

 

Real Estate Sales in Kerr County during the month of July slowed a bit.  Sales amounted to $11.1 Million as compared with $13.5 Million a year earlier, down from June’s increase.

JuneJulyKerr

It would seem that the Kerr County market is continuing to adapt to the changing, slower market as we take a closer look at other available data.  List/Sales Price decreased from 95% in July, 2008 to 93% in July, 2009 meaning that buyers are still getting better deals, overall.  Inventory, which as been very high (there were 1121 Active listings as of July 31, 2009 as compared with 923 a year earlier) is finally seeing some improvement.  Days on market, a number that tells us how long it takes an average property to sell, decreased from 168 in July, 2008 to 152 in July, 2009.

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