Hi, Everyone out there across the map and at Fort Hood! I've been absent from my blog for a while because it has been SOOO busy. New construction and resale homes have been selling like mad for the past three weeks and has been keeping me BUSY, BUSY! It does seems as if today is going to be a bit quieter for a change, so I'm ready to get back to writing about real estate at Fort Hood!
Since the first of March, 2008, approximately 182 Fort Hood area homes have gone under contract, meaning buyers and sellers have agreed to a price and are waiting to sign all the paperwork to close on their new home.
Prices on those 182 Fort Hood homes ranged from $39,900 to $674,400, with an average price of $130,659 and a median price of $118,400.
Breaking those statistics down into New Construction and Resale Homes, the numbers look like this:
There were 59 New Homes with average price of $153,250 and a median price of $143,500. The highest priced home came in at $289,000 and the lowest was at $89,900.
On the resale side, there were 123 Resale Homes with an average price of $128,612 and a median price of $109,990. Highest priced resale home was $674,000 and lowest was $39,900.
We're seeing buyers traveling now to Killeen and Copperas Cove in anticipation of a summer PCS. They are contracting for new homes to be built, as well as negotiating contracts on existing homes to close in the next 30-60 days. This assures they will have a home ready for them at the completion of their military relocation this summer.
I expect the March-April time frame to continue to be busy, as home buyers take advantage of Spring Break to travel to the Fort Hood area. Buyers can check out neighborhoods, schools, churches, shopping, restaurants and the different communities without the stress of trying to do all that when they get here this summer.
So get a head start on the summer crowd and come on down! We're experts at helping military buyers find the right home and community that fits their needs.
The statistics quoted here are from the Fort Hood Area Association of Realtors MLS Database.
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