Monday, November 17, 2008

How is The Real Estate Market In Keller?

Market Absorption Rate

Closed Transactions in Past

12 Months = 757
6 Months = 386
3 Months = 130

Average Homes Sold Per Month

12 months = 63.08333333
6 months = 64.33333333
12 months = 43.33333333

Current Active on MLS
12 months = 456
6 months = 456
3 months = 456

Months Supply on Market
12 months = 7.23
6 months = 7.09
3 months = 10.53

This means it is a BUYERS MARKET and a seller has 14.27% of chance in selling a home in the next 90 days.


This is based on single family residential homes
in the same area over the past 12 months trend

If you would like to list or buy a house and would like for me to work up a more detailed spreasheet on a specific subdivision, please contact me joana@soldteam.net


In the last 6 months:

Number of Properties for Sale : 149
Average List Price per SqFt : $123.75

Number of Properties Sold : 250
Average Sales Price per SqFt : $102.48

Number of Cancelled Properties : 41
Average List Price per SqFt : $135.38

Number of Properties with Expired Listings : 31
Average List Price per SqFt : $135.24

Number of Properties in Option : 3
Average List Price per SqFt : $97.26

Number of Properties with Closing Pending: 18
Average List Price per SqFt : $96.35

Number of Properties Withdrawn from the Market: 1
Average List Price per SqFt : $94.60

Number of Properties Temporarily Out Of Market: 6
Average List Price per SqFt : $122.25


Disclaimer:

Information deemed RELIABLE but not GUARANTEED
Copyright: © NTREIS 2008 All Rights Reserved


THIS IS AN OPINION OF VALUE OR COMPARATIVE MARKET ANALYSIS AND SHOULD NOT BE
CONSIDERED AN APPRAISAL. In making any decision that relies upon my work, you should know
that I have not followed the guidelines for development of an appraisal or analysis contained in
the Uniform Standards of Professional Appraisal Practice of the Appraisal Foundation.

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