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:
Number of actual properties being sold:
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.
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.