11/19/13

North Texas Market Overview October 2013

The North Texas real estate market seems to be HAPPY, HAPPY, HAPPY.   Do you remember the government shutdown that occurred during the month of September?  Many felt that the shutdown could affect the growth on the real estate market.  Heck, it is what I believed as well.   But based upon the recent real estate report by the North Texas Information Real Estate Systems, October produced an increase of numbers across the board compared to the same time last year.  Inventory is still down, but buyers are still buying.   So the bottom line is .... if you desire to sell your home, GO RIGHT AHEAD.  Just be sure to contact me at www.Realtor-Rochelle.com.  Let me do the honors of selling your home for you. 
 
 
 


Year-to-Date Summary for: October 2013

Property Type Sales % Change
Year Ago
Dollar
Volume
% Change
Year Ago
Average
Price
% Change
Year Ago
Single Family 76,324 19% $17,266,236,600 30% $226,223 10%
Condos and Townhomes 4,922 36% $980,595,411 50% $199,227 11%
Farms and Ranches 703 37% $256,952,332 45% $365,508 6%
Multifamily 604 24% $110,280,827 37% $182,584 11%
Lots and Vacant Land 4,592 24% $605,120,978 29% $131,777 4%
Commercial 639 0% $112,347,054 4% $175,817 4%
Rentals 28,346 5% $41,945,645 6% $1,480 1%