COMFORT, TEXAS – 2009 REAL ESTATE FIGURES SOUND GOOD???
January 5th, 2010 categories: Assessing the Local Market
Believe it or not … Real estates sales in Comfort, Texas were actually up for the year! Two categories – Residential and Farm/Ranch were up. Two categories – Acreage/Lots and Commercial were down.
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.
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BIG RANCH SALE CAUSES COMFORT SALES TO RISE IN OCTOBER
November 6th, 2009 categories: Assessing the Local Market
Real estate sales in Comfort, Texas totalled $1,622,329 due to the sale of a 158 Acre Ranch just outside of Comfort on Mill Dam Road. That compares with $325,000 in October, 2008 and $424,000 in October, 2007.
There are some nice properties in the Comfort area that have been on the market for a while. We feel like there are some good deals to be had in the Hill Country. We’d like to visit with you about them. Give us a call at 830-995-2511.
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REAL ESTATES SALES IN COMFORT, TX STILL LAGGING IN JUNE & JULY
August 3rd, 2009 categories: Assessing the Local Market
There were 4 residential sales in the Comfort ISD totaling just under $1.2 Million during the month of July selling at 94% of List Price. Inventory has been surprisingly low this Summer … so sales are down.
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.
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REAL ESTATE TURN AROUND? COMFORT, TEXAS NOVEMBER SALES
December 2nd, 2008 categories: Assessing the Local Market
Total Sales for the month of November in Comfort were $700,790 slightly down from last year’s figure of $764,000 but much better than previous month’s ratios. There were two Residential Sales under $150,000 and two Land Purchases (A 25 Acre Tract & and a 33 Acre Tract).
Buyers continued to get better overall purchase prices. The Last List Price as compared to the Ultimate Sales Price fell from 93.5% to 91.6%. This number actually is a little skewed as there were several sales that had already had price reductions prior to going under contract … meaning buyers got even better values. 
The end of year is normally the best time to find “BUYS” in real estate and this year should be better than ever! Give us a call and we’d be happy to help you find your Hill Country “BUY”.
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Comfort ISD – October Sales
November 6th, 2008 categories: Assessing the Local Market
Residential Sales were up in Comfort during October, 2008 as compared to last year although overall sales were down … again due to fewer lots/acreage and ranches sold.
Total Sales Volume last month (October 2008) in the Comfort ISD area was$565,000 as compared to $1,080,982 during October 2007.
Not surprising given all the tumult in the financial markets during October. During that time, people generally “put on hold” all of their critical decisions.
People seem to be adjusting as we have noticed an increase in activity during the last several weeks. We would expect that to continue as the election is now over and we are continuing to see lower prices at the gas pump.
To search Comfort real estate, Click Here.
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