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League City Sales - Are homes selling? Early 2010 Market Report

By
Real Estate Agent with RE/MAX 1st Class 0542725

League City Sales - # of Sales Down, Price Up

League City remains strong in price and sales are not much down over last year.  There were 68 sales in January 2009.  And only 62 in January 2010.  However, December of 2009 had 83 sales.  So we are over 25% down from December to January in number of sales.

The good news is that the sales dollar volume and the average and median price are all UP!

As an expert in Real Estate in the League City area, here's what this all means:

The more expensive homes are now selling.  The strongest sectors selling in 2009 were at or below the $200,000 mark.  Now we are starting to see homes priced higher getting their fair share of attention.  Also, my crystal ball tells me that there will be a big surge in pending sales in March and April for people wanting to take advantage of the tax credit.

And, now that we know NASA's overall budget was increase, we can rest easy knowing that there will be jobs available.  There will be some layoffs probably, but there are are going to be good jobs available to those people.  Basically, programs end, and new ones begin.  So, League City will remain strong.


The chart below represents the entire HAR Multiple Listing Service.  Not just League City, but all of the Houston area.

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Brian Worrell - GRI, CNE
Bayou Properties Realty  |   The Worrell Team, Realtors
Cell  281-948-7042  |  Fax  832-514-7029  |  www.BrianWorrell.com

 

2015 Top 20 Rising Star of Real Estate Under 40 by HAR
    (Awarded for excellence in Sales, Leadership, and Community Service)
 
Consistent Multi-Million Dollar Top Producer
2011-2016 FIVE STAR Real Estate Professional as listed in Texas Monthly Magazine 
 

 


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© 2004 - 2016 Brian Worrell Team, Realtors in League City and Clear Lake, TX - 281-948-7042. All Rights Reserved. LeagueCityBlog.com.  Bayou Properties Realty.

Comments (1)

Richard Weeks
Dallas, TX
REALTOR®, Broker

Brain,

Looks like things are pretty good in the League City area.  Hope 2010 is a great year for you.

Mar 06, 2010 01:02 AM