What sold for how much in 2007?
January 8, 2008 at 8:33 am , by Jenel Looney
| You see “The Year in Review” articles everywhere these days, and here I am, jumping on that bandwagon. I wanted to take a look at the overall picture of home sales in MLS areas GTE and GTW in 2007. I was interested in seeing how many homes sold in each price range, and how long it took for each price range to sell. | |
| My search netted 1258 homes that sold here in Georgetown, Texas from January 1 through December 31, 2007. That’s an average of just over 100 per month. Some months more, some less. In December, much less. | |
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| When looking at this chart, start at the top, with the slice labeled “70.” 70 homes sold for less than $100,000. The slices move in order to the right. The largest slice correlates to the price range between $150,000 and $199,999. Fully 27% of the homes that sold in GTE and GTW last year sold in this price range. So this price range was the most popular. Does that mean that these homes sold the fastest? Close. | |
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Homes which sold from $100,000 to $149,999 sold after an average of just 51 days on the market. Conversely, homes priced between $400,000 and $449,999 took an average of 138 days to sell. Homes in the other price ranges generally sold after two to three months. |
Category Georgetown Real Estate / Tags: /
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by 2007 Home sales in Round Rock | HometownGeorgetown.com | Service first.
On January 28, 2008 at 9:15 am
[...] this month, I wrote a post titled What sold for how much in 2007, which broke Georgetown home sales down by price range. Now I have some clients who will list a [...]