A major piece of property sold in April, some 2832 acres with a rather large 6K sqft house and a pretty big Foreman's house, gas wells, ponds, etc. all located on the highway going to Lipan just northwest of Granbury for almost a quarter of a million dollars over $3 million. WOW! Yep, that one topped the list & may stay there for awhile.
Granbury also saw a home sell for over $700K which hasn't happened in awhile too. When it was all said and done, our little area southwest of Fort Worth saw 91 homes sell in April including those two! Yippee! Yahoo! Is the market on the upswing? Was it the tax credit that spurred it? Will it continue? The million dollar questions! As far as confidence in the market, I've got it & everybody knows it is what you perceive it to be.
Of those homes sold, not including the "big boy" acreage, the average home was on 1.57 acres, a 3 bedroom, 2 bath home with a half bath, 2 car garage & 1979sqft. bringing 95% of its' list price and selling for $173,714.
Eight waterfronts changed hands.........more on that & April a little later!