Bryan College Station Tx Real Estate Market Update Jan – April 2011

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Bryan College Station Tx Real Estate Market Update Jan – April 2011

Have you noticed the headlines in the media seem to be different every day? headline

  • Foreclosures Are Down
  • Foreclosures Are Up
  • Prices are Falling
  • Prices Are Holding
  • and on and on

Since Bryan College Station, Tx is in a “bubble” with Texas A&M University, hospitals and businesses, below is what is REALLY going on here.

Inventory of available properties a buyer can choose from continues to rise:

  • January up 14% over 2010
  • February up 9% over 2010
  • March up 9% over 2010
  • April up 15% over 2010

Number of actual properties being sold:

  • January up 6% over 2010
  • February down 6% from 2010
  • March down 8% from 2010
  • April down 20% from 2010

The number of properties sold has been less than 2010, but better than 2009 each month in 2011.

Average Sales Price has risen for 2011 to $170,342.

Average days a property stayed on the market has been higher than 2009 and 2010 every month in 2011. April was up 19% over 2010 and up 23% over 2009.

So, now you have all the facts. What does it mean? Guess it all depends on where you are in the market. It could be a great time to buy something new. It could be a great time to sell. Guess you better just call me and we’ll talk through what is best for YOUR situation!

Thanks & I look forward to talking with you soon.

Susan Hilton College Station Real Estate

Susan Hilton
Century 21 Beal, Inc.
979-764-2100
susanhilton.com
century21bcs.com
thecenturytreereader.com

PS Below are the links to the actual charts used to compute the percentages above. If you would like the actual charts as jpgs I will be happy to send them.

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