8/10/2019 November 2014 New Braunfels
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Hello!Central Texas Real Estate
News---------------------------------------------------------San
Antonios tight housing inventory kept home prices upwhile days on
market fell 11 percent according to the October2014 Multiple
Listing Service report by the San Antonio Boardof REALTORS(SABOR).
The average price of a home soldin October saw a year-over-year
increase of three percent to$210,887 while the median price rose
four percent to $176,200.The month ended with 2,164 total sales
and1,755 sales stillpending.
Our months of inventory are down to just 4.1 and homes inOctober
only spent an average of 62 days on the market. This iscertainly
good news for sellers because it means the time it takesto sell a
house has dropped considerably while prices continue tobeat those
seen in previous years, said Missy Stagers, SABORs
2014 Chairman of the Board.
According to research from the National Association ofREALTORS,
across the country homes that sold for one milliondollars or more
rose by eight percent this year, while homes atevery other price
point dropped by four percent. In San Antonio,91 homes have sold
over one million dollars since January,compared to 83 last year. In
fact, the luxury home market hasincreased in 2014 with homes priced
over $500,000 accountingfor approximately 4.3 percent of sales this
year (compared to 4.0percent during the same period in 2013).
However, the largest growth has been seen in the homes pricedin
the mid-range. In October, the largest percentage of salesoccurred
between $200,000 and $250,000 with those makingup 14.5 percent of
sales. The second most popular range washomes priced between
$300,000 and $400,000 which accountedfor 10.4 percent of sales.
Despite heading into the winter months which traditionally canbe
a little slower, we continue to see record numbers of salesand
prices this season, said Angela Shields, SABORs Presidentand CEO.
We never really see San Antonio slow down. Withour military
families moving in and out of the city year round aswell as a
steady growth in jobs, there are always houses on themarket and
buyers eager to fnd their new home.
In the News:New Braunfels Seeks VolunteersTo Sit On Boards
Unemployment Rate in NewBraunfels Drops to 3.7% inOctober
HomeSpring breaks ground onMasters Ranch community
Holidays in New Braunfels KicksOff with Downtown
LightingEvent
National event venue frm opens
frst location in San Antonio
Where have all the frst-time
buyers gone?
Keep Up With
Better Homes and
Gardens Real Estate
Bradfeld Properties
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On the Market
2284 Bluebird DrNew Braunfels, Texas 78132
$543,500
1235 River EnclaveNew Braunfels, Texas 78130
$499,000
2258 Gruene RdNew Braunfels, Texas 78130
$318,500
255 Limestone Creek
New Braunfels, Texas 78130$209,500
2886 Oak Branch RidgeNew Braunfels, Texas 78130
$204,000
2063 N Ranch Estates BlvdNew Braunfels, Texas 78130
$165,000
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Better Homes and Gardens: Remodel Your Kitchen or Leave It
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