Telfair Real Estate Market Report
for October 2013
Neighborhood Sales Statistics
The following tables and charts show the real estate activity for Telfair, Sugar Land, TX as reported by the MLS (Multiple Listing Service). Please remember that averages do not necessarily reflect the actual value of a specific home...some homes are worth more than, or less than, the neighborhood averages. If you want an expert Comparative Market Analysis (CMA) on your home, please call us at 832-779-2890 or sign up online at What Is My Sugar Land Home Worth?
Noteworthy Stats This Month
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Telfair is experiencing a HOT Seller's market with only 1.1 months of inventory (6 months is equilibrium).
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Sales slowed down from last month with an average of 35 days on the market (versus 18 DOM last month).
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At $133.23, Telfair has one of the highest sales price/sf in the area. Buyers appear willing to pay more per/sf for its convenient location and energy-efficient homes.
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The YTD average sales price for Telfair has passed the $500K mark and is now at an all-time high.
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Looks like Telfair is on track to sell the highest number of homes this year as well.
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Out of the 10 homes that sold this month (recorded on the MLS), 4 were new construction.
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Out of the 17 homes active on the market, 5 are new construction homes listed by builders.
NOTE: Please keep in mind that this data is based on MLS (Multiple Listing Service) records. New home builders do not always list or record new homes sales on the MLS.
Contact us if you want to go tour one of these homes! 832-779-2890.
Homes for sale in Telfair
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Copyright © 2013 Sheila Cox. All rights reserved. All information on this page is subject to change and should be independently verified. Please note that data on this Website is derived from various sources and every effort is made to ensure the accuracy of this data. However, Sheila Cox assumes no liability or damages due to errors or omissions.
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