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.

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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