The average home price in 2008 was $220,921; in 2009, it was $223,123, and in 2010, it was $199,996.  Those figures, in our opinion, represent what we have been seeing happen.  In 2008, sales were still strong and prices were at their height.  In 2009, sales were off, but prices were not coming down like one would expect.  During 2010, prices are definitely lower.  We have been telling our clients that prices are down by about 10%.  These figures substantiate that information.

We feel like it is a really good time to buy.  Prices are down and interest rates are still low.  If you have been sitting on the sidelines waiting for the right time, now is the time to jump in!  Give us a call. We’d love to help you find what YOU are looking for.

Not surprisingly, real estates sales were down in the Kerrville area during 2009. There were 442 sales in 2009 totalling $80.013 Million as compared with 512 totalling $99.687 Million in 2008.  Average days on market increased from 174 days in 2008 to 188 in 2009 and Average List/Sold Price declined from 94.33% in 2008 to 92.33% in 2009.  Overall, the market was down 20% for the year … No surprise given the economic slowdown last year.

The number of total sales for June & July was up by 7; however, days on market increased  from 138 to 200 from July, 2008 to July, 2009 reflecting increased inventories.  Pending sales as of August 3, 2009, total just over $11.2 million.

We watch the Boerne market daily.  If you have something specific that you are interested, we’d love to help you find what you are looking for.

Recently, we were contacted by a gentlemen.  He had previously been in contact with a listing agent on a property, tried to make an offer, but did not get the property as there were competing bids.   The moral of the story (as he found out) is that Buyers need their own representation.  It eliminates conflicts of interest and it provides you, the buyer, with the best market information possible.

Our goal is to EXCEED YOUR EXPECTATIONS BY GIVING YOU ABOVE & BEYOND SERVICE.

We’d love to visit with you.  Call us at 830-995-2511.

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.

It would seem that the Kerr County market is continuing to adapt to the changing, slower market as we take a closer look at other available data.  List/Sales Price decreased from 95% in July, 2008 to 93% in July, 2009 meaning that buyers are still getting better deals, overall.  Inventory, which as been very high (there were 1121 Active listings as of July 31, 2009 as compared with 923 a year earlier) is finally seeing some improvement.  Days on market, a number that tells us how long it takes an average property to sell, decreased from 168 in July, 2008 to 152 in July, 2009.

Our Motto is “Connecting Buyers & Sellers for a Win/Win Result”.  We work hard to bring YOU the results you want!  Ask us , we’ll tell you how!  We can be reached at 830-995-2511.

The event will benefit our troops coming home, with emphasis on those having suffered Traumatic Brain Injuries while in combat. Check out VoicesofAGratefulNation.org for more information and See you there!