Market Conditions for Colonies North in San Antonio, Texas
Reported by Ken Brodeen, REALTOR, ABR (Accredited Buyer's Representative)
Updated May 8, 2012.
Current Market Rating: 2
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Buyer's
Seller's
Current Price Trend: 3
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Falling
Rising
Thirty three homes sold in 2010. Average sale was $144,203, and average days on market was 58. In 2009, 24 homes were sold in Colonies North. The average sales price of these homes was $150,100 and average days on the market was 93. A total of 24 homes were sold in Colonies North in 2008. In 2011, 26 homes sold for an average of $146,428 after being on the market for an average of 64 days.
So far in 2012, 8 homes have sold for $148,450 in an average of 69 days.There are currently 5 homes for sale and 1 under contract.
Interest rates of 3.8.0% or less for government and conventional loans are available with good credit and employment, a 30-year low! This is a great time to begin home ownership! There are plenty of great homes and good loans out there!
Looks like another GREAT YEAR for real estate sales. Ken's cell is 860-8402 Pat's is 383-3083
ZIP Code: 78230 Approximate Location Boundaries: COLONIES NORTH is a subdivision located just east of I.H.10 and north of Wurzbach.
Location Characteristics: Colonies North has always held it's value well. it is a well-established neighborhood, located near I.H.10, with homes from 30-40 years old. Houses are priced from $80,000 to $200,000, generally.
About Ken Brodeen:
Ken Brodeen has been active in residential real estate since 1992. He has helped numerous clients purchase or sell homes in these neighborhoods as well as many others in San Antonio. He is joined by his wife, Pat who is also a licensed real estate agent, holding the designation of Professional Home Stager.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
