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Spring 2012 Market Update
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.
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| Average Home Price | $175,000 - View Graph Trend |
| Average Price Compared to Last Year | Up 0-5% |
| Average Time on Market | 60-90 days |
| Best Selling Price Range | $150,000 - $199,000 |
| Worst Selling Price Range | $1,000,000+ |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | Increasing |
| Market Trend | No Change |
| Buyers’ or Sellers’ Market | More buyers than sellers |
| 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 |
| 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. |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 10-15% |
| Is Financing Available For Qualified Buyers? | 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. |
| 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. |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Population Growth |
| Nearest Metro Area | New Braunfels |
| 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. |
| Average Sold Price | $175,000 - View Graph Trend |
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Brayson Verzella
Keller Williams Realty Heritage
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