Impressive First Quarter Numbers

Real Estate Broker/Owner with Key Real Estate Services & Property Management

These numbers were taken from the Waco Association of Realtors residential homes sales only and are deemed accurate but not reliable.  Now that the disclaimer is out of the way, here are the


Average Quarterly Sales

2009 1st Qtr - 137

2010 1st Qtr - 143

What this states is that sales are up from last year. (good news)

Average Quarterly Sales Price

2009 1st Qtr - $120,319

2010 1st Qtr - $126,656

Impressive we raised the average sales price by $6,000. (good news)

Average Days on Market for 1st Qtr

2009 1st Qtr - 150

2010 1st Qtr - 130

This makes sense, sales are up so inventory isn't staying on the market as long

What does all of the above mean for the home sales above the $200,000 price mark? 

Average # of Sales for Homes Greater than $200k

2009 - 1st Qtr - 19.3

2010 - 1st Qtr - 18.7

About the same number of homes sold last year as this year, so sales for the $200K + have not seen an increase.  Not great news, but the good news is that they didn't see much of a decrease, less the 1 whole home.

Texas has seemed to always have its own housing bubble and although we have our fair share of foreclosures, our market hasn't been hit as hard as others and we seem to be making somewhat of a rebound.

If you are curious as to what your specific neighborhood is doing in the McLennan County area, please feel free to visit .


Posted by

Malisa Spivey


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