Residential Real Estate Market Snapshot for Mineral Wells, TX

Real Estate in Mineral Wells is a little unpredictable right now, as it is in many places.  This is only a snapshot report for our residential properties in Mineral Wells only.  It does not include outlying county areas.

Lowest priced active listing at:  $22,000

Currently, we have 126 active listings ranging in price from $22,000 to $32,900,000.00.  The highest priced being 3,290 acres of land. 

116 active lisings - currently for sale  (10 of these are foreclosures)  $22,000 to $32,900,000

6 active contingent - which means that there is a contract, but there is some type of condition that has to be met in order for the buyer to purchase the home (such as getting financing.)  $84,900 to $159,900

4 pending - waiting to go to closing  (2 of these are foreclosures)  $34,900 to $175,000

The average days on the market have been 174, with the shortest period of time being 6 days and the longest 922 days.

Lowest price sold for past 30 days

Within the past 30 days, we have had 11 residential properties sell, ranging in price from $33,500 to $385,000.

6 were sold for under $100,000
4 were sold for under $200,000
1 sold for under $400,000

The average days on market for a sold listing were 120.  The shortest being 3 days and the longest at 286 days.

Two of these sold properties were foreclosures.

As you can see, we have a very diverse selection of homes and property for sale in Mineral Wells.  If you would like more information on our area, please feel free to contact me at any time.