This week in residential real estate in Georgetown, TX
July 27, 2008 at 8:52 am , by Jenel Looney
| 26 offers were accepted over the past seven days in MLS areas GTE and GTW. The average price of these homes was $262,600. That’s up significantly from the homes that sold this week, which averaged just under $195,000 in asking price, a bit lower in sales price. That tells me that we’re building some momentum with the higher priced homes. In fact, 8 of the 26 homes in pending status are priced at over $300,000. That’s nearly a third. The homes that sold this week generally went pending three or four weeks ago (though longer and shorter pending periods are common), and only 2 of the 30 were priced at over $300,000. |  |
| 20 of the homes that sold this week - two-thirds - were priced between $100,000 and $200,000. These homes sold after an average of 58 days on the market. Two months, not bad. A manufactured home in Sunny Acres wins the prize for fastest sale, having spent just 3 days active on the market before going under contract. Two of this week’s new listings are already in pending status, one in Serenada, and one in Oakcrest Estates. Both of these areas are very appealing, with large lots and winding roads shaded by mature trees. | |
Category Georgetown Real Estate / Tags: /
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