Guadalupe County Real Estate | Cibolo Texas Year End Market Report Roll Up

Looking at the past Cibolo Texas Market reports, I have provided comparison charts for both 2010 and 2011. When discussing the number of sold homes for Cibolo, you can see that March, April and May of 2010 significantly out performed 2011. I attribute that to the first time home buyer tax credit that was due to end in June of 2010. At that time, you had to have closed on your home by June 30, 2010 to receive the $8000 credit. If you notice, once legislation was enacted to extend the credit through September, 2010, the number of homes sold started evening out between 2010 and 2011. However, 2010 did slightly outdo 2011 in the number of sold homes throughout the year, however by a very narrow margin.

Once we start looking at the cost of Cibolo Texas homes for sale in 2010 versus 2011, we notice that prices seemed relatively even across the board. The biggest difference in home prices was in June of 2010 and again, we can safely assume that price difference may have had something to do with the end of the first time home buyer tax credit.

What the Past and Present Tell Us About the Cibolo Texas Real Estate Market

What does looking at the past and the present Real Estate Market for Cibolo tell us? It looks as though the market has remained relatively stable across the past two years with number of sold homes and prices of sold homes. Presently we are still in a fairly good market. With homes still selling, the list price to sell price ratio at over 95% and the days on market being relatively low across the board, the Cibolo Texas Real Estate Market is holding steady.