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San Angelo Real Estate Market Trends
Articles by Tim Elder e-Pro
San Angelo Real Estate Market: 2nd Quarter 2010 Overall the market trend for the 2nd quarter of 2010 has shown a reduction in the months of inventory. The areas with lower end homes, have seen higher median prices along with increasing inventory. The areas with the higher end homes, have seen a drop in their median prices along with a drop in months of inventory. The area with the highest inventory level was the Christoval area, which had 15.57 months of inventory. The average area in San Angelo has between 4-6 months of inventory. The remainder of the summer months should continue these trends. 2nd Quarter Market Trends Includes link to local MLS map
San Angelo Real Estate Market: 1st Quarter 2010 Unexpectedly the winter months of January and February in San Angelo saw a significant decline in real estate sales across the board. However, with the beginning of spring we had an exceptional month of residential real estate sales in March and we closed the first quarter in relatively good position. We have seen an increase in home listings but the changes in months of inventory have both increased and decreased depending on the MLS area along with median home prices. 1st Quarter Market Trends Includes link to local MLS map
San Angelo Real Estate Market: 4th Quarter 2009 Overall in 2009 the San Angelo residential market gained $2,000 in both the average and median home prices over the 2008 sales figures. The 4th quarter saw a reduction in inventory across the board with an increase in the median price of homes in all areas of town. With the extention of the Federal Tax Credit being extended and expanded to repeat buyers, we can expect the 1st quarter sales to continue the trend with higher prices and increased volume of sales. 4th Quarter Market Trends Includes link to local MLS map
San Angelo Real Estate Market: 3rd Quarter 2009 The San Angelo real estate market tightened somewhat during the 3rd quarter of 2009. Inventory for San Angelo as a whole has slightly increased along with the days on market averages. The median price of homes have also increased year over year. That said, throughout the San Angelo area there are variations within each local MLS district. 3rd Quarter Market Trends Includes link to local MLS map
I hope you've found these quarterly reports usefull. Give me a call or drop me an email and I'll be more than glad to discuss how the current market trends may be effecting your property value. I look forward to hearing from you!
Tim Elder e-PRO Broker - Laura Scott
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