The further into the year we get the better the Spring Texas real estate market gets. The year over year percentage decreases continue to decline as we continue our climb to the return of a normal market.
Our real estate market still has a way to go but the chart shows you the dramatic improvements it has made since the first of the year.
Houses in the under $200,000 price range continue to be where the most buyer activity is occurring. This comes as no surprise since the under $200,000 price range is being fueled by the first time homebuyers tax credit.
If your house falls in the lower price range and you are thinking about selling it, now is the time. There are still first time homebuyers in the real estate market wanting to take advantage of the tax credit but waiting on the right home. You need to hurry though because the first time homebuyers tax credit credit expires on December 1st, 2009 and this price range is bound to take a breather.
Spring Texas houses in the $400,000+ price range continue to sit and sit as the buyers are missing in action. Prices are still stable at the upper price ranges as sellers seem to be content with waiting until the buyers return.
If you love numbers like I do, check out the Real Estate Market Reports category to get your fill.
The data represented is from the Houston Association of Realtors MLS for single family existing homes in Area 13. Area 13 covers the geographic boundaries of East – I45 to West – Hwy 249 to South – Beltway 8 to North – Spring Cypress. A good portion of the houses in MLS area 13 have a Spring TX mailing address.
Jill Wente is an incredible realtor! We lived in the area for about 3 years before taking the house-hunting plunge... read moreJill Wente is an incredible realtor! We lived in the area for about 3 years before taking the house-hunting plunge and truly could not have chosen a better realtor to work with. Jill is professional and patient, she is an incredible resource who is 100% there for her clients at all times. We had a lot of questions and didn't want to pay any closing costs or prepaid costs out of pocket - Jill is a Master Certified Negotiation Expert and it SHOWS. We got exactly what we wanted at the price we wanted AND had several bonuses thrown in, including appliances and gutters. She was there for inspections/walk-throughs and kept in contact with our builder's salesperson as well. If you want a strong realtor who is also pleasant to work with (which I've learned is rare), then Jill is the realtor for you!! read less