The Fort Hood Area Association of REALTORS® release the home sales figure for 2010 within the Killeen-Fort Hood area that show home prices appreciated 4.17 percent in 2010 from the 2009 levels. The median home price ended at $125,000 for single family homes, compared to $119,900 in 2009. Jose Segarra, the Chairman of the Public Relations Committee for the Fort Hood Board said that is good news for some home owners, since the previous year seen home values decrease about -1% . Overall, home sales have been slowing down for last five years from the peak year of 2005. Since 2005, home sales have dropped about 38% when they peaked at about 4400 homes sold that year. Home sales ended with 2736 homes sold in 2010 compared to 2820 homes sold in 2009, about a 2.8 percent drop. http://www.exithomevets.com/area-sales-data.asp
Sales in the Greater Fort Hood area went up over 30% in December from the previous month. Overall though sales where still down over -10% when comparing 2008 to 2007. Home values still increase about 3% though from the previous year.
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