The latest numbers point to a firm seller’s market in Central Texas.
Now that we’re into September 2020, it’s time to review the latest market numbers from August in La Grange, Schulenburg, Flatonia, Hallettsville, Columbus, and Weimar.
Near the beginning of the summer, we saw a lot of activity due to pent-up demand in June. Absorption rates were high and inventory dropped quite a bit. During July, though, inventory rose and absorption rates dropped. Then in August, demand was sky-high and inventory dropped again quite a bit. This brings us to the key stats you need to know from each city in our area:
58 homes have sold in the past 12 months
The absorption rate is 4.83 months
There are 21 homes on