| Market Commentary Provided by Brayson Verzella If you can qualify, now is an exceptional time to buy a home in New Braunfels. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 210-204-6284. Please feel free to call us for free Buyer Representation Services in the purchase of your next New Braunfels home whether it be new or preowned. |
| Report Date | Fall 2009 |
CONNECT WITH A LOCAL PROFESSIONAL
Brayson Verzella
Keller Williams Realty Heritage San Antonio, Texas 210-204-6284 BraysonV@kw.com Agent Home Page |
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| Nearest Metro Area | New Braunfels | ||||
| Buyers’ or Sellers’ Market | More buyers than sellers | ||||
| Average Time on Market | 60-90 days | ||||
| Market Trend | No Change | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Inventory Comments | There are many buyers looking to purchase homes in the New Braunfels area for people in all stages of life. Inventory is abundant, but buyers for well priced homes are abundant as well. | ||||
| Average Home Price | $175,000 - View Graph Trend | ||||
| Best Selling Price Range | $150,000 - $199,000 | ||||
| Worst Selling Price Range | $1,000,000+ | ||||
| Compared to Last Year | Up 0-5% | ||||
| Prices As % of Asking Price | 95-100% | ||||
| Multiple Offers? | Yes | ||||
| Multiple Offers Commentary | Sellers are absolutely getting multiple offers on well priced homes in the New Braunfels area. With a mix of first time home buyers as well as retirees homes are selling and those with the best features and best price are going faster than most. | ||||
| Greatest Activity | Repeat Buyers | ||||
| Buyer Activity for the past 90 days in New Braunfels is | Increasing | ||||
| Seller Activity for the past 90 days in New Braunfels is | No Change | ||||
| Is Financing Available For Qualified Buyers in New Braunfels? | Yes | ||||
| Comments on Financing For Qualified Buyers | We can recommend a few of our preferred loan companies and loan officers to any qualified buyers who might be interested in the New Braunfels area. Please feel free to give us a call. | ||||
| Existing Home Prices for the past 90 days are | Increasing | ||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 10-15% | ||||
| Housing Hot Spots | Most cities within the Comal County area are considered 'Housing Hotspots', there are many new and established communities in the New Braunfels area which have held the interest of many prospective buyers and current residents in the area. | ||||
| Reason to Buy/Sell | Population Growth | ||||
| Average Sold Price | $175,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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