Real Estate News and Advice
February 11, 2012
Get more leads every month with Market Leader!


Search Realty Times
 





Setting goals? Tracking progress? Help has arrived.



Exclusive Leads In Your Market





NEED HELP?

Click for Live Support


Call: 214-353-6980



  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Keller, Texas

Reported by Ann Anker, REALTOR

Updated February 10, 2012.

Current Market Rating: 3




1
2
3
4
5
Buyer's

Seller's

Current Price Trend: 3




1
2
3
4
5
Falling

Rising

Welcome to the Keller real estate market in 2012!
It is now the prime time for buying your new home. As buyers are searching for their new home and if you are thinking of selling, 2012 is a good time to have your home available for those buyers.

We began February with 280 homes on the market, down 15% from the same period in 2011. Through January 27 homes sold, a 13% decrease from same period last year, with total revenue down 29% to $7,718,355. The average sales price $285,865 and median price 276,250. Average days on the market, 91 days

Number of homes sold in Keller decrease slightly (4%) in 2011 with 623 homes sold. The total revenue for home sales also decreased (5%) with $ 199,839,988 spent in 2011. The average sales price decreased only 1% to $320,756; median sales price of $282,500 was also down only 1%. The number of days on the market increased 11% to 91 days. January began with 360 homes available on the market, a decrease of 6% compared to January 2011.

Last 6 years number of homes sales
2011 623
2010 646
2009 653
2008 750
2007 921
2006 1058

Review of 2011
623 homes sold, 4% decrease
$199,830,988 total revenue for home sales, 5% decrease
$320,756 average home sales price, 1% decrease
$282,500 median home sales price, 1% decrease
91 average days on market, 11% increase
360 homes available on market at end on year, 6% decrease

Recap 2010
The number of homes sold was down 2% to 646 with a total dollar volume up 3% to $210,145,738. The average home sold price was up 5% from last year at $325,303 and the median price up 1% at $285,000. Considering the market across the nation, we did great!

We have closed out 2009 with the market still down considerably. In 2009 , 653 homes sold, down significantly (13% ) over the previous year. The average sales price

In 2008, 750 homes sold, down 19% over the same time period in 2007 with an average sales price of $339,281, up 5%. The total dollar volume for 2008 was $254,460,750, Through December the average days on the market was 81, up 27%.

In 2007 921 homes were sold, a decrease of 13% compared 2006; however the average sales price was $324,883, an increase of 9%. The total dollar volume spent in Keller for residential real estate in 2007 was $299,217,243, down 6% from 2006. The best indicator of the market is Average Days on the Market: DOM is 64 days, up 7%.

ZIP Code: 76248

Location Characteristics: Keller, Texas is recognized as one of the leading communities and most desirable places in Northeast Tarrant County to live and raise a family. Keller's outstanding park and recreation system provides a variety of leisure activities for residents. Location, growth, communtity pride!

For More Information:

View Market Conditions of other areas served by Ann Anker

Navigate: Top > Texas > Keller

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, Prudential, gives your property internet exposure unequaled in the industry.
Prudential Worldwide REALTORS
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
www.annanker.com




These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




Real Estate News Network

You must enable Javascript to view the Video content and Navigation on this site.





Mortgage Rates
30 Year Fixed: 3.87%
15 Year Fixed: 3.16%
1 Year Adj: 2.78%
(U.S. Weekly Averages)

Today's Headlines


Agent Publicity | Local Market Conditions | About Realty Times | Article Index | Terms & Conditions | Privacy | Contact Us

Copyright © 2012 Realty Times®. All Rights Reserved.