November Residential Report

“We Know This Market!”

Casey J

November 2008 Update

November 2008 Update

Monthly Listed Properties

November 2008 Update

Number of Closed Units

November 2008 Update

Click Here for the Texas A&M Real Estate Research Center

November 2008 Update

Number of Monthly Sells per Price Range

November 2008 Update

Some Local Facts:

Average Days on Market: 118 DOM up 16 days from October

Fastest Moving Price Range:$120,000-$179,000318 Listings up from 298 last month36 sold in the above price range vs. 49 last month

The Slowest Price Range:$400,000 plus. There are currently 135 on the market vs. 133 as per last month. Inventory: 12 plus months to sell current market.

The highest price home to sell in November: $489,000The lowest price home to sell in November: $9,900

In November $18,000,000 million dollars of real estate sold and closed. No changes to this market are in sight, Listings continuing to climb and have broke through 1,000 homes now on the market.

November 2008 Update

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Thanks For Your Time

Casey J