Guadalupe County Real Estate | Selma Texas Market Report-September 2011 | Oympia an Established Selma Texas Neighborhood

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Guadalupe County Real Estate | Selma Texas Market Report-September 2011 | Olympia an Established Selma Texas Neighborhood

Presenting your Guadalupe County Real Estate | Selma Texas Market Report-September 2011| Olympia an Established Selma Texas Neighborhood  

Currently there are 43 Active listings or Available Selma Texas Homes for Sale.  The average sales price is $172,498.00.
There are 10 pending sales and 4 homes that expired on the market.  The current Cumulative Days on Market is 136 for these available listings

Selma Texas had a total of 13 Sold Homes, with an average square footage of 1858.  The average list price of the Selma Texas homes for sale was $143,963 with the actual average sold price being $142,144.00.  This gives a percentage of List Price to Sold Price of 98.7% which tells you that pricing for homes for sale in Selma Texas for the month of September were pretty comparable with the average cumulative days on market being only 100.  Cumulative Days on Market means the total time a home has been on the market with any Brokerage.  The actual average Days of Market for Selma Texas homes for sale was only 71. With Selma homes for sale only lasting 71 days, pricing and desirability of Selma Texas homes is high.  

Selma Texas Market Report

Selma Texas is a small community located in Guadalupe County Texas and is surrounded by Comal and Bexar County Texas.  Currently there are only approximately 400 single family residences in Selma Texas so when you look at the number of active vs sold Selma Texas homes for sale, you can see that the Real Estate Market in Selma Texas is fairly stable.  There are a lot of newer subdivisions in the Selma Texas area such as Retama Ridge and Retama Springs, but there are also those neighborhoods in Selma Texas that are considered more established.  One such neighborhood is Olympia.  Now Olympia, although in Selma Texas also lies in the city of Universal City, and is considered to be in Bexar County Texas as opposed to Guadalupe County.  The Olympia subdivision in Selma Texas/Universal City is considered a very desirable neighborhood to live in and provides a small community feel with only around 107 single family homes.  People who set down roots in Olympia tend to stay there so when a home comes up for sale, it can go fairly quickly.  Homes in the Olympia neighborhood have been established since 1981 to more recent in 2006, have larger lots each home tends to have at least a quarter of an acre or more and most homes are well over 2000 square feet, (there are some with smaller lots, but not many). 
Currently there are 20 homes available for sale in the Olympia Subdivision in either Selma Texas or Universal City Texas.  Homes sizes are from a little over 1700 square feet to 3500 square feet with prices starting from as low as the mid $160s up to the high $400's with the median price being in the mid $200s. The neighborhood itself is very close to excellent shopping at the Forum off of 1604 and Rolling Oaks mall.  Olympia is in the acclaimed Judson Independent School District.   

If you are interested in buying or selling a home in the Olympia Subdivision or any area in Selma Texas, feel free to give me, Brenda Mullen your San Antonio Texas area Realtor® a call so I can show you what I can do for you!
Posted by

Brenda Mullen – San Antonio Texas Real Estate Professional

Brenda Mullen Your San Antonio TX Real Estate Agent
Selling a San Antonio Texas area home involves many steps and having an experienced  San Antonio  Texas Real Estate Agent by your side will make the transaction run a lot smoother. I would love to be your San Antonio Texas Area Real Estate Professional! I assist both buyers and sellers in the San Antonio Texas area with either the purchase and or sale of residential real estate.
As an Accredited Buyer’s Agent, I have received special training to guide and educate you through the entire home buying process. From start to finish, I listen to your needs and desires in what you would like and take the information you give me to find you home.
As your San Antonio Texas listing agent I am well versed on the local San Antonio Texas area Real Estate Market. You can expect personalized service that includes a detailed consultation on how to best position your home to be competitive in today’s market with an in depth comparative market analysis, and advice on staging. I use the latest and most up-to-date marketing methods to get your home in front of as many buyers as possible. Being your San Antonio Texas area Realtor® not only involves just finding the home or selling the home, but being your guide, negotiator, advisor and advocate and making sure that your needs and goals are met. Being your San Antonio Texas area Realtor® is one of my truest passions, and “Helping You Find Home” is my number one priority.
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Brenda Mullen
Broker-Associate/Realtor®, ALHS®, MRP®, ABR®, ePro®

Team Leader The Mullen Group with RE/MAX Access - Helping You Find Home
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Comments (6)

Lee & Pamela St. Peter
Berkshire Hathaway HomeServices YSU Realty: (919) 645-2522 - Raleigh, NC
Making Connections to Success in Real Estate

Brenda, anyone looking for info on the Guadalupe County real estate market will be thrilled when they find this report.  Great info, easy to follow and great visuals.

On another note - congrats on crossing that 225K point threshold.  Well done!


Oct 10, 2011 05:01 AM
Fred Carver Personal Real Estate Corporation
RE/MAX Camosun Victoria BC Real Estate - Victoria, BC
Accredited Real Estate Consultant

Hi Brenda...great real estate market update for Selma TX. You sure know the real estate market in Selma TX and the surrounding Guadalupe County.

Love Your Pie chart... so easy to understand

Oct 10, 2011 05:08 AM
Brenda Mullen
RE/MAX Access - Schertz, TX
Your San Antonio TX Real Estate Agent!!

Hi Pamela-Thank you.  I hope the report is easy to follow :)!

Hi Fred-I like my pie chart too, lol :)! 

Thank you all for stopping by today!

Oct 10, 2011 05:31 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Brenda maybe I missed it in the market report, how did the sales this year compare with the sales last year.

Oct 10, 2011 11:25 AM
Brenda Mullen
RE/MAX Access - Schertz, TX
Your San Antonio TX Real Estate Agent!!

Hi George-You did not miss it as I failed to mention it...but will do better next time.  Looks iike for September of last year there were less sales but of those sales, prices remained pretty similar.  The average days on market were shorter back in September 10 which tells me that there were probably a lot more incentives to buy quickly during that time.  

I wonder with the rate drop, if we will see a significant rise in home sales in the next month and how that will compare to last year.  I promise to do better next time :)!  Thank you George!

Oct 10, 2011 11:32 AM
Carl Winters
Canyon Lake, TX

Brenda: I have to give a High-5 for the Selma area; its all about location. Shopping at the Forum is great. Easy access to anywhere in San Antonio. Hit I-35 and head North to New Braunfels and Austin. Many folks in that area drive to New Braunfels or Seguin for employment. It is easy access to any of the military basis.

Great location.


Oct 10, 2011 03:27 PM