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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 $100,0004 were sold for under $200,0001 sold for under $400,000

... more

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