I’m sure you’ve heard it by now, lots of people want to purchase property in College Station, but there aren’t enough houses for all of them! It’s the same old song and dance. While there was a jump in the number of new listings taken in April, it is still a very competitve seller’s market. We are in the peak of real estate season and there are more buyers than sellers, so if you are thinking about selling your property, entering the market now could give you an advantage. You can see from the graph that homes are selling very quickly. Compared to two years ago, the days on the market have gone from a little over 3 months to a little over 2 months. I am sure you know people who have sold their home in the first few days it was listed! Monthly Average Sales in April 2015 were $31,664 higher this year than last. Also, our average sales prices have increased about 9% over the past year! See the graph and statistics for more market updates for April 2015!
Total Monthly Sales:
April 2015 – $66,006,889
April 2014 – $60,581,421
April 2013 – $51,056,250
New Listings Taken:
April 2015 – 488
March 2015 – 426
Monthly Average Sales:
April 2015 – $231,603
April 2014 – $199,939
