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Although the Real Estate Center has not posted their figures for May 2009 yet, let me give you some information that I've viewed in our local MLS*
As I talked about in my last Waco Market Update, this year of May appears to be much like April in comparison to April and May of 2008. In other words, sales are down from last year and median sales prices showed slight increases.
According to The Real Estate Center May of 2008 produced the following results:
242 residential sales
109,100 median sales price
Information from the MLS* for May of 2009 reflects:
184 residential sales
114,888 median sales price
And as we are midway through June, here is what our MLS* is telling me so far:
Up until today, June 15th 2009
109 residential sales
125,000 median sales price
Which appears to put us on target to be nearly identical to last year's June figures as stated by the Real Estate Center which was a total of 226 residential sales. Again bucking the median sales price which was 116,800 at that time.
Although our sales this year have so far been less than those of last, it looks like June has the potential to change that trend. It will be very interesting to see what the rest of June and the last half of this year will bring. Hopefully more good news.
Please remember that every neighborhood is different. If you need more information on your home and its location, feel free to contact me for more information.
*This information was gathered from the Waco MLS and is deemed accurate but cannot be guaranteed.
--In addition, all content on this post and comments cannot be guaranteed. Use at your own risk.
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Wendy Montoya, REALTOR® Certified Internet e-PRO Professional Seller Representative Specialist (SRS) Waco Real Estate Needs? Call WENDY! 254-315-4906 |
525 N 4 3rd Waco, TX 76710 254-755-0021
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At Front Porch Homes, we offer a complete consultative approach to building a house. After one appointment, we can answer all of the questions listed above and any others you may have. You will leave the meeting, educated, informed and most of all comfortable. So that you may make the right decision for your family to buy or build a home. For more information or to schedule an appointment, call Mark P. Felton at 254-495-1241 or 254-751-7150.
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I recently wrote a post about our Residential Real Estate Market here in Waco TX, What's going on in the Waco Real Estate Market Wendy? comparing this year's sales to that of last year.
Reviewing these types of statistics is interesting and can be very helpful, but really isn't a lot of help when it comes down to your home specifically.
What I mean by that is that every neighborhood is different. One statistic is not necessarily true for another neighborhood with different types of homes, different schools, different surrounding homes, different crime statistics, different level of popularity, etc.
It's so important to pay close attention to your unique situation when trying to determine a correct price point for your home.
To really understand your home's value, you need good information about your specific area.
If you need assistance evaluating your home and it's potential sales price, please feel free to contact me. I serve the Waco, China Spring, Hewitt, Woodway and several surrounding areas. I am happy to help you sort out this crazy real estate maze and help you sell your home.
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Wendy Montoya, REALTOR® Certified Internet e-PRO Professional Seller Representative Specialist (SRS) Waco Real Estate Needs? Call WENDY! 254-315-4906 |
525 N 4 3rd Waco, TX 76710 254-755-0021
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This project is a three month Electricity Giveaway for the general public!
The first drawing will be June 24th!
Enter to win a month's worth of free summer electricity. Please click here for the full details
and entry coupon. In an effort to improve the REALTOR Image amoung our colleagues and clients in the Waco area, the Waco Association of REALTORS embarked on a FREE electricity campaign, by giving back during the hot summer months.
One runner-up for each month will receive a household of energy-efficient lightbulbs.
Make sure you read and print the flyer for details and entry coupon! We are excited
about our new campaign and want you to be as well. Send everyone you know in the Waco area the coupon or have them go to our website at www.movewithirg.com and click on the FREE Electricty Icon.
GOOD LUCK!
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