Susan Hilton College Station Real Estate
Realtor & Vice President of Sales
Read my blog below
Archive for January, 2010
Bryan College Station Real Estate 2009 Market Summary
January 25th, 2010 Categories: Market Trends
2009 SUMMARY
Bryan/College Station Real Estate
Market Statistics
2009 was quite a year! We started off 2009 with January about 24% behind the previous year. We were all concerned that Bryan/College Station might follow the rest of the nation into the recession. Then February came and we were even further behind. We didn’t know what to expect the rest of the year but it sure didn’t look good.
The first quarter was really poor and then April and May turned into months 20% & 27% behind 2008.
Then we started seeing the turn. June was only 2% behind. We were SO happy that we were seeing less of a loss. Compared to the rest of the world a little loss was a good thing. When October and November rolled around we were SOOOOO excited! We actually saw increases over the prior year.
Yes, 2009 ended 12% below 2008, but compared to the rest of the nation, we did just fine. We sold fewer homes, but we did not see a significant decline in sales prices – just fewer people moving. I’m still SO glad we live in Bryan/College Station!
Are you thinking about selling in 2010? It may take a little longer to sell depending on the market segment you are in, but we need to look at it earlier than normal. Call me and we can review a Market Timing Analysis so Read the rest of this entry »
Sphere: Related Content| Discussion: No Comments »
