Guadalupe County Real Estate | Selma Texas Market Report-October 2011 | Retama Ridge

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Real Estate Broker/Owner with RE/MAX Access 574299

Guadalupe County Real Estate | Selma Texas Market Report-October 2011 | Retama Ridge

Presenting your Guadalupe County Real Estate | Selma Texas Market Report-October 2011| Retama Ridge   

Currently there are 48 Active listings or Available Selma Texas Homes for Sale.  The average list price is $174,232.00.
There are 5 pending sales and 2 homes that expired on the market. The current Days on Market for Active Selma Texas homes for sale is 95 days.

Selma Texas had a total of 8 Sold Homes in October, with an average square footage of 1900.  The average list price of the Selma Texas homes for sale was $148,505.00 with the actual average sold price being $145,996.00.  This gives a percentage of List Price to Sold Price of 98.3% which tells you that pricing for homes listed for sale and that sold in Selma Texas for the month of October were fairly consistent with the average days on market being only 83 days.  Since San Antonio Texas area homes for sale listing times have seemed to lengthen for a lot of areas where homes consistently stay on the market for longer than 180 days, this tells you that Selma Texas Homes for Sale are doing well with only 83 days on market.

Selma Market Report

Trending the Selma Texas Real Estate market from October of 2010 to October of 2011 showed that in October of 2010 the Average List Price of Selma Texas homes for sale one year ago was $149,897.00 with the Average Sold Price being $151,051.00 with days on market being 94.  As you can see, it looks as though the listing prices of Selma Texas homes for sale have dipped a tad, and the actual Sold price decreased by a mere $5,055.00.  That's about a .03% drop in the Sold Price.  If the Real Estate market trend continues from month to month, we can determine if the Selma Texas Real Estate market is remaining stable, improving or showing any decline, just as we did for the Cibolo and Schertz Texas Market Reports.  As news across the nation has many doom and gloom reports on the National Real Estate Market, we need to remember that Real Estate Market forecasts are highly local.  Although Selma Texas seemed to have a bit of a dip in trending from October 2010, it wasn't by much.  By and large it looks as if the Selma Texas Real Estate Market is holding steady with sales and prices.   

Selma Trending Report

This months Selma Texas neighborhood spotlight is Retama Ridge.  

Retama Ridge

Retama Ridge is a semi established neighborhood in Selma Texas.  What I mean by that is that the neighborhood is approximately 10 years old.  Homes consist of 1 and 2 story single family residences that have semi mature landscaping.  Currently there are 7 homes available for sale in the Retama Ridge Neighborhood.  Homes sizes are from 1500 square feet to a little over 2500 square feet with prices that range from $143 to $169.  Retama Ridge is located in the acclaimed Judson Independent School District and is close to Military Bases such as Randolph Air Force Base and FT Sam Houston (Joint Base San Antonio), TX and very convenient to shopping such as the Rolling Oaks Mall and the Forum Shopping Center in Live Oak Texas. You can get to Retama Ridge by traveling on 1604 West and exiting off of Lookout Road, take your first right and you will find it on your right hand side, (do will exit on Lookout Road if heading East on 1604 and just take the turn around).  If you are interested in buying or selling a home in any of the Retama Ridge Neighborhood 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
19115 FM 2252 STE 15

 

Comments (3)

Cathy Criado
Criado Realty - San Antonio, TX
Making Real Estate Profitable

Great market report!  Selma is a good area on the cusp of San Antonio which is convenient for those who commute to Austin often.  Nicely done!!!

Nov 21, 2011 12:15 AM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Brenda:  This is a very nice Selma TX market report.  I like your choice of graphics as well and bet consumers will get a lot of mileage from this post.

Nov 21, 2011 12:17 AM
Brenda Mullen
RE/MAX Access - Schertz, TX
Your San Antonio TX Real Estate Agent!!

Hi Cathy-Thank you.  Selma is a smaller area in the middle of San Antonio and Schertz.  Sometimes it doesn't get enough attention lol :)!

Hi Anita-Thank you as well.  I certainly hope this gives consumers enough info on Selma Texas :)!

Thank you both for stopping by!

Nov 21, 2011 12:23 AM