| MISSOURI CITY MARKET ANALYSIS | ||||
| This is the market activity in Brightwater Subdivision and Missouri City TX in 2012 as of 10/8/2012 | ||||
| There are six subdivisions in Brightwater, built in the 90s, with an average of 3800 square ft and average price range around $280,000. | ||||
| Brightwater | Missouri City TX | |||
| Homes for Sale | 5 | 456 | ||
| List Price | $245,000 - 350,000 | $20,000 - 1,480,000 | ||
| Foreclosures or Short Sales | 2 | 66 | ||
| % of Foreclosure of Homes for Sale | 40% | 14% | ||
| Houses SOLD Year to date | 23 | 946 | ||
| Sale Price | $198,000 - $415,000 | $21,000 - $1,250,000 | ||
| Average Days on Market | 83 days | 86 days | ||
| Average Price per Sq. Ft. | $86.34 | $68.67 | ||
| This information is about the Homes in Brightwater and Missouri City TX, the analysis can vary from one neighborhood to another. For more information about the market analysis in your neighborhood, please feel free to contact me any time for FREE consultation. | ||||
| For more information, contact Jimmy
| ||||
Looking to Buy, Sell or Lease Houses in Houston, Sugar Land, Katy, Cypress, Spring, Pearland & more, and all the valuable resources as neighborhood finder, school finder, free home valuation & more.
Showing posts with label sell your house in 39 days. Show all posts
Showing posts with label sell your house in 39 days. Show all posts
Monday, October 8, 2012
Home Market Analysis for Missouri City & Brightwater neighborhood
Monday, July 9, 2012
Market Analysis of Vicksburg in Missouri city
| MISSOURI CITY MARKET ANALYSIS | ||||
| This is the market activity in Vicksburg Subdivision and Missouri City TX in 2012 as of 7/9/2012 | ||||
| There are two subdivisions in Missouri City, Vicksburg Village of Cumberland and Vicksburg Village of Shiloh. They have a total of 510 homes combined. The median year built is 1990 | ||||
| Vicksburg | Missouri City TX | |||
| Homes for Sale | 14 | 490 | ||
| List Price | $98,500 - 217,500 | $30,000 - 1,799,999 | ||
| Foreclosures or Short Sales | 2 | 68 | ||
| % of Foreclosure of Homes for Sale | 14% | 13.87% | ||
| Houses SOLD | 11 | 608 | ||
| Sale Price | $100,000 - $185,000 | $21,000 - $855,000 | ||
| Average Days on Market | 50 days | 86 days | ||
| Average Price per Sq. Ft. | $46.63 | $68.67 | ||
| This information is about the Homes in Vicksburg and Missouri City TX, the analysis can vary from one neighborhood to another. For more information about the market analysis in your neighborhood, please feel free to contact me any time for FREE consultation. | ||||
| For more information, contact Jimmy
| ||||
Thursday, June 28, 2012
Are Houses Selling in Houston?
Are Houses Selling in Houston?
With the uncertainty in today's economy, home sellers are wondering if the houses are selling in the Houston area.
I would like to tell you that the Houston Market is strong and not like the east and west coasts. Home prices might have dropped in some areas because of foreclosures and short sales but we are talking about 10-15% of the whole real estate market in Houston.
Here are the homes sold sorted by price range in the Houston Area in 2011 compared to the home sales in 2010
| Price Range | 2010 | 2011 |
|
| Up to $100,000 | 12,073 | 13,462 | 12% |
| $100k to $200k | 21,333 | 20,774 | -3% |
| $200k to $300k | 8,920 | 9,300 | 4% |
| $300k to $400k | 4,015 | 4,415 | 10% |
| $400k to $500k | 2,070 | 2,185 | 6% |
| $500k to $600k | 1,024 | 1,099 | 7% |
| $600k to $700k | 674 | 705 | 5% |
| $700k to $800k | 377 | 433 | 15% |
| $800k to $900k | 274 | 321 | 17% |
| $900 to $1M | 199 | 224 | 13% |
| $1M to 1.5M | 437 | 463 | 6% |
| $1.5M to 2M | 161 | 154 | -4% |
| $2M + | 127 | 143 | 13% |
| Total Homes Sold | 51,684 | 53,678 | 4% |
Currently, the market has a shortage supply which are the houses for sale and good houses can be sold in 10 days.
Would you like to know if houses are selling in your area, please feel free to contact me
Tuesday, June 14, 2011
Missouri City Home Prices & Sales in 2011
MISSOURI CITY MARKET ANALYSIS
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Tuesday, May 17, 2011
Why My House didn’t sell?
Why My House didn’t sell?
If you are asking this question that means that your house was either listed with a realtor or listed as For Sale By Owner (FSBO) didn’t sell. Getting phone calls from realtors the day the listing of your house expired telling you “we know why your house didn’t sell”? Others calling telling you “A house like this can be sold for $20,000 more”? OR Your asking price is way too high?
Honestly, I can’t tell you why your house didn’t sell without seeing it. There are many conditions that can be the reason for not selling. It can be the location, the condition of the house, the age, the upgrades, the floorplan, size of the yard, even a pole in the backyard can affect the price.
Location: Most of the buyers prefer houses that are in a cul-de-sac or a quiet neighborhood that is safe for the kids. If you are on a busy street or a busy street passing behind your house, that a negative point that has to be considered in the price.
Condition: When we are talking about condition, we are talking about the outside and the inside. Most homeowners maintain the inside and forget about the outside. The outside appearance is the first impression about the house. Many buyers drive around to see the area and how it looks from the outside before calling their agent for showing. Do you do regular treatment for termites and insects? Do you check the condition of the roof and foundation?
Upgrades: There is a difference between upgrades and maintenance. If your water heater is old and you change it, that a maintenance and is not a reason for a higher house price. Let’s think about it the other way, if you don’t replace the water heater, you will have to drop the price or give the buyer credit for it, but if you replace it, that will keep your house at the market price. Upgrade is changing the carpet with hardwood floors or laminate countertops with granite.
Foreclosures: Is there any foreclosed homes for sale or sold in the last 6 months in your neighborhood? Sold foreclosures can affect the market value of your house even if your house is in a better condition. Current foreclosures are your competitors in the market because banks price them to sell fast and noticed that many of them now drop their price every month, it can be an aggressive drop, $10,000 for couple of month and then starting dropping it by $5000.
These are just some reasons, it can be different from one house to another. So before you ask yourself why your house didn’t sell, check the competition, the condition, the location and if the price is matching accordingly. The price has to be the market price not just the price you want to get.
I hope that this blog is an eye opener for you and has some AHAs for you.
Please feel free to contact me any time.
Thanks,
| Jimmy Farag, REALTOR Realm Real Estate Professionals Phone: (832) 303-5000 Cell: (832) 744-7424 Fax: (281) 598-5402 Homes for Sale in Sugarland TX |
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