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.
