Welcome to the Bedford Real Estate market in 2009. This year startied with lower productivity than last year in both homes sold and homes on the market and that trend has continued through September. .Many sources are forecasting an improvementbut it has yet to be seen in results. The first 10 months of the year reflect a 23% drop in number of homes sold year to date compared to 2008 with only 372 homes sold with a total of $64,348,932 spent and the median sales price unchanged at $158,000. Homeowners seem to be delaying putting their homes on the market awaiting improvement; 141 homes currently listed reflect a 16% decrease over same period 2008. Average days on the market through October was 52, a 13% decrease.
2008 ended with 533 homes sold down 7% over 2007. The average days on the market through December was 59 days, up 18% but houses are selling with an average sales price of $165,986, unchanged from 2007. Less homes on the market, less homes sold, longer time on market with no decrease ub price . Total dollar value sold in 2008 was $88,470,538 down 7%. During 2007 570 homes sold, a 7% decrease from 2006 with a small 2% increase in average sales price to $166,403....The total dollar volume spent in Residential Real Estate in 2007 equals $94,849,710. The best indicator of the market is Average Days on the Market; through December the average DOM was 50 days, down 11%. Total dollar volume spent for real estate in Bedford in 2006 was $99,535,253. Even with the decrease in the inventory of available homes, Bedford offers buyers a wide selection of choices. Great homes, great prices, great neighborhoods, great city!
ZIP Code: 76020 Location Characteristics: Bedford is conveniently located in the heart of the Dallas/Fort Worth Metroplex. Bedford offers a small community atmosphere while still providing all of the urban amenities. It is a thriving community with a rich history and an exciting future. Bedford is an easy commute to Dallas or Fort Worth and is convenient to DFW Airport. Thinking of relocating to the area? Bedford offers a variety of churches, excellent schools, and safe neighborhoods.
About Ann Anker:
Looking for a new home? Selling your existing home? Buying a vacation home or investment property? Moving to a new area of the state or another state?
I can help!!
I have over 30 years experience in sales, marketing and contract negotiations. These skills help me: # Assist you in buying the perfect home for you and your family with new construction or existing homes. I will familiarize you with the community, schools, and amenities of the area to help you with your neighborhood and property choice. # Market your home to achieve the best possible price for your house in the lease amount of time Exposure is the key to selling any property. Being affiliated with the largest real estate network in the world, Century 21, gives your property internet exposure unequaled in the industry. Century 21 Worldwide Office: Production Award Winner, Quality Award Winner, Top 1% of all Century 21 offices for Quality and Production.
Call me or email, I would love to help you with any and all of your Real Estate needs. 817-726-3839 annanker@sbcglobal.net
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
