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Median Price for Single Family Residence falls

By
Real Estate Agent with Keller Williams Realty - Kerrville DRE# 0520118

Don't Dare to be stupid:

As far as real estate is concerned, Kerrville, Texas has always been a little behind the rest of the Real Estate market in the United States. The market here is beginning to heat up - we are all a lot busier than we were this time last year. For Single Family Residences, the number of homes sold during the 1st quarter of this year is up 10% compared to last year.

Median Price for Single Family Residence falls

The median price home during this period dropped from $161,750 to $145,000. Interest rates are still low so this is a great time to be a Home Buyer. A few other market items: Our housing inventory is getting smaller - we are down to a 7 month inventory; we still have a few foreclosures (7) and short sales (2) to deal with.

 

If you have any questions, please give me a call at 830 329-4794 or send me an email: Clay@ClayLehman.com

Posted by

Clay Lehman

Keller Williams Realty - Kerrville

cell: 830 329-4794

web: www.RealEstateInKerrville.com

email: Clay@ClayLehman.com