YEAR SO FAR IN REVIEW – REAL ESTATE SALES – COMFORT AREA
August 1st, 2008 categories: About the Local Market, Assessing the Local Market
According to my other article this week, July Sales were up in the Comfort, Texas area. However, for the year so far, we are still down according to sales figures compiled by the San Antonio MLS.
For the period from Jan 1 – July 31, 2008, Single Family Sales were up ($6,672,500 vs. $5,491,500 during the same period in ‘07), Lots down ($201,000 vs. $523,500 in ‘07), Acreages about even $2,055,500 vs. $2,511,500 in ‘07), and Farm & Ranch significantly down ($1,660,000 vs. $5,971,700 in ‘07).
Total Non-Commercial Sales for the Comfort ISD Area for Jan 1 – July 31, 2008 were $10.6 Million vs. $14.5 last year … with Farm & Ranch and Lot Sales bearing the brunt of the decrease. Likely there will be fewer new subdivisions and fewer homes under construction this coming year.
On the positive side … We certainly have noticed an increase in market activity over the last month (And are thankful for it!). People who have been “hanging back” have begun looking again. It will be interesting to see how this year ends up in the Hill Country.
If you have found this information interesting and would like more information like this, please sign up to receive these posts either by email or RSS feed.
We specialize in Real Estate in the Hill Country of Texas (Fredericksburg, Comfort, Center Point, Kerrville, Bandera, Boerne, Fair Oaks Ranch, and Leon Springs). If we can help you in any of these locations, please call either Julie or Buddy (830)995-2511.
RESPOND WITH YOUR MOOS & VIEWS HERE
Print This Post
