June 2022 RSS Feed

Found 2 blog entries for June 2022.

Where buyers can find great opportunities in today’s market.

 

Today I want to tell you all a little story. The other day, I was going to a listing appointment with a potential seller, and I decided to drive by a property I had sold a few years ago. I wanted to see what the gentleman had done with the place.

It was early morning, and he was outside enjoying his retirement. We started talking, and he mentioned that he had gotten an appraisal in the mail. We discussed the market, how things have changed since he bought his home, and the tremendous things the Texas real estate rush has done for people over the past three years.

"If you know anyone looking for affordable acreage, we have it in Fayette County. "

So where are the…

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A quick land market update for Brazos Bottom and Austin Hill Country.

Today we want to give you an update on the land markets in the Brazos Bottom and Austin Hill Country regions.

Brazos Bottom:

  • The average appreciation last year was 22%.
  • The average sales price was $8,392 per acre.
  • The total dollar volume increased by 83% to $453 million.
  • The number of sales increased by 21% to 1,160 transactions.
  • The total amount of land sold was 53,911 acres.

The Austin Hill Country posted the best gains in Texas:

  • The regional prices appreciated by 38% in 2021.
  • The average sales price was $5,733 per acre.
  • The total dollar volume grew 102% to $956 million.
  • The total acres sold jumped 47% to 166,740 acres.

As for…

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