The Latest Numbers for Our Real Estate Market

Posted by Chip Bubela on Tuesday, March 17th, 2020 at 10:30am.

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:

  • Homes sold: 26
  • Absorbed: 2.17
  • Inventory: 4.15 months
  • Average sale price: $162,212

Flatonia:

  • Homes sold: 16
  • Absorbed: 1.33
  • Inventory: 3.75 months
  • Average sale price: $130,487

"There are opportunities out there for homebuyers. "

Hallettsville:

  • Homes sold: 20
  • Absorbed: 1.67
  • Inventory: 2.4 months
  • Average sale price: $170,376

Columbus:

  • Homes sold: 49
  • Absorbed: 4.08
  • Inventory: 4.9 months
  • Average sale price: $206,299

Weimar:

  • Homes sold: 29
  • Absorbed: 2.08
  • Inventory: 2.88 months
  • Average sale price: $111,122

Things are looking pretty solid right now. Although the world might be going crazy right now due to the coronavirus, there are opportunities out there for homebuyers with interest rates as low as they’ve ever been. 

If you have any real estate- or insurance-related questions, feel free to reach out to us via phone or email today. We look forward to hearing from you soon.

 

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