In a small market, a few sales can make a real difference.  In the residential market, the average price per item sold increased 42% from $247,833 to $352,887.  What that means is that not only were there 2 more sales in 2009 (20 vs. 18) but the properties that sold were considerably more expensive.  That is not due to price increases but instead, the properties that sold were higher end.  That continues the trend in this area during the economic downturn.   It is the higher priced properties that have continued to sell.   7 of the 20 residential properties that sold were $500,000 and up.   In the Farm/Ranch category, one ranch sale (at $1,530,329) accounted for the lion’s share of the increase.

What does this mean about the market?  An improving market is at work.  Our observations are:

• Sellers have realized that they need to be more realistic in their pricing.
• People’s perception about the economy is improving.
• Expectations of inflation makes real estate a “safe” investment.

We do our best to provide you with the best information available so that you can make an informed decision whether you are a buyer or seller.

We strive to help our sellers price their properties competitively so that they get SOLD.  In the current market, that is especially important so we can really HELP you!

If you are a buyer, we are currently aware of several “real buys.”  Call for more information.

Each person’s scenario is unique.  We’d love to help you with yours.

However, during the last several weeks we’ve seen a number of new properties come on the market.  Be sure and check our MLS Search engine to find out about those properties.

One recent buyer client told us that we provided them with the BEST experience that they EVER had with a real estate agent!  Our goal is to EXCEED YOUR EXPECTATIONS WITH ABOVE & BEYOND SERVICE!

Our offices are located in Comfort but we sell from San Antonio to Kerrville, from Bandera to Fredericksburg.    Give us a call. We’d love to help!  830-995-2511.

I guess the surprise is due to the increased number of properties under contract (5 currently).  It is likely that next month’s figures will be much better.  Also, there are several Comfort properties listed only in the Kerrville MLS.  None have sold to my knowledge; however, at least one is under contract.

The other interesting piece of data that I found for Comfort:

There are 202 Units of Real Estate currently on the market with a total market value (e.g., list price) of $73 Million.

Pretty significant for a little community of just over 5,000, huh?

If you’d like to add to or substract from that number, we’d love to help you!  We’re your source for real estate & community information for Comfort and the surrounding area! Give us a call 830-995-2511.

Price/Bed/Bath/Acreage/SF/Brief Description

This list is compiled from San Antonio and Kerrville MLS systems as of 5/02/08

We compile this list as a special service for all of our clients who are watching the Comfort Residential Market. If you would like more information about any of these listings or would like to know how we could serve you as your full service Realtor, please contact Julie Quest-Brooks at 210-535-9463. We’d love to get to know you better.