June Real Estate Stats

Rural real estate is making a comeback; here’s what you should know.  

Today I’m sharing the latest residential real estate and land prices for Colorado, Fayette, and Lavaca counties, as well as six Central Texas municipalities. There’s finally some good news to report: Properties are now being absorbed quickly, and months’ supply across our local market is dropping. In light of what’s been happening with COVID-19, the American Dream has been rebooted; there’s a resurgence of interest in land as folks are itching for some elbow room after being pent-up in the larger cities for so long.  

Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message, or use these

84 Views, 0 Comments

Here’s what the latest numbers tell us about our South Central Texas market.  

Now that we’re into June, it’s time for another market update. Today I’ll give you a statistical rundown of all of our South Central Texas macro markets, comparing the latest numbers with where we were at the beginning of 2020. I’ll also explain what these numbers mean for buyers and sellers. 

Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch it in its entirety or use these timestamps to browse specific points at your leisure: 

0:33—Colorado County

1:00—Fayette County 

1:28—Lavaca County 

2:09—La Grange County

2:33—Schulenburg County

2:53—Flatonia County

3:15—Hallettsville

920 Views, 0 Comments

Recovery will take longer than any of us prefer, but here’s some positive news.  

Today I’m once again bringing you a market update from my backyard office; I finally have a giant coffee mug, so you could say I’ve made the best of my new workspace. Things have changed in so many ways since the spread of COVID-19 began, and what better way to illustrate that than by comparing February’s pre-pandemic market data to the numbers we just received for the start of May 2020? 

We’ll take a look at absorption rates, active listings, and inventory levels to gauge our market’s standing throughout the South Central Texas area.

Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch it in

1,409 Views, 0 Comments

Nobody knows how long the COVID-19 pandemic will last, so if we take it one day at a time, we’ll get to the finish line eventually. Here’s the latest from our industry.  

I know it may be hard to believe, but it’s business as usual for us—somewhat. We’re still doing listing appointments, whether virtually or in-person while maintaining the recommended social distances. Before we show a house, we’re asking sellers to turn on all of the lights and leave all of the doors open so we can come through with as little physical contact as possible. 

The real estate industry is still active due to basic necessity: If you need to buy, you need to buy; if you need to sell, you need to sell. Naturally, though, the number of listings is down right now. It’s

1,761 Views, 0 Comments

How does our market look heading into the 2nd quarter of 2020? Here are the latest numbers. 

It’s time to take a look back at the latest real estate market statistics for Colorado, Fayette, and Lavaca counties, as well as what’s been going on in specific markets around South Central Texas during the last 12 months. Here are the numbers that you need to know for each area:

Colorado County

  • Homes sold: 168
  • Absorbed: 14
  • Inventory: 5.71 months

Fayette County:

  • Homes sold: 232
  • Absorbed: 20
  • Inventory: 6.41 months

Lavaca County:

  • Homes sold: 81
  • Absorbed: 6.75
  • Inventory 5.63 months

La Grange:

  • Homes sold: 60
  • Absorbed: 5
  • Inventory: 4 months
  • Average sale price: $179,718

Schulenberg:

1,179 Views, 0 Comments

 

We got through the first month of 2020 pretty well, and today I want to share a January real estate market update. I’ll be providing the statistics for the towns of La Grange, Schulenburg, Flatonia, Hallettsville, Columbus, and Weimar. Also, remember: Absorption is the rate at which homes are sold. Here are those stats:

La Grange:

  • Homes sold: 62
  • Absorbed: 5.17
  • Inventory: 3.68 months
  • Average sale price: $186,696

Schulenburg:

  • Homes sold: 24
  • Absorbed: 2
  • Inventory: 4 months
  • Average sales price: $145,716

Flatonia:

  • Homes sold: 18
  • Absorbed: 1.5
  • Inventory: 4 months
  • Average sale price: $122,664

"Knowing these definite numbers allows us to help you make better decisions."

Hallettsville

1,282 Views, 0 Comments



Traditionally, most folks list their homes during the spring, but there are five compelling reasons why you should consider listing your home this winter:

1. Buyer demand remains strong.

2. Inventory levels remain under six months. This means that we’re in a seller’s market.

3. Buyers are more serious at this time of year.

4. There will never be a better time to move up to a bigger, better home.

5. Remember why you want to sell. It could be the perfect time for you and your family for multiple reasons.

If you have any questions for me, feel free to reach out via phone or email. I look forward to hearing from you soon.

1,041 Views, 0 Comments



As you may know, the last Thursday of every month, our team hosts a real estate radio show on KVLG/KBUK 104.9. As a part of this segment, we share the latest numbers from the marketplace encompassing La Grange, Schulenburg, Flatonia, Hallettsville, Columbus, and Weimar. Today I have the 2019 year-end numbers from this area to share with you. 


La Grange:

Homes sold: 50
Absorption rate (average number of homes sold per month): 4.25 
Inventory: 3.84 months
Average sale price: $186,854

Schulenburg:

Homes sold: 21
Absorption rate: 2
Inventory: 5.71 months
Average sale price: $145,716

Flatonia:

Homes sold: 17
Absorption rate: 1.5 
Inventory: 3.53 months
Average sale price: $116,228

Hallettsville:

Homes sold: 19
Absorption rate: 1.5
Inventory: 3.79 months

958 Views, 0 Comments