Monday, April 5, 2010

First Quarter Statistics for Real Estate Sales in Keller, Texas

First quarter statistics are in for real estate sales in Keller, Texas. During the period of January, February, and March of 2010, 105 properties sold in the Multiple Listing Service. The average price per square foot was $100.62. The average number of days on the market was 124. The property with the longest days on the market was a whopping 794. The shortest number of days on the market was one. The average sales price was $290,113.

When looking back at the same period in 2009, 101 properties sold. The average number of days on the market was 154. Average price per square foot was $94.99, while the average sales price was $290,780.

This information demonstrates that the real estate market in Keller is trending positively in sales price per square foot and in days on the market. However, the number of properties is at or about 2009 levels. Average sales price was virtually the same, but was probably held lower in first quarter 2010 because of the number of first time home buyers in the market because of the tax credit.

For a evaluation of your property value in Northeast Tarrant County by an experienced real estate professional from the Grove Team, please call 817-337-000. You can also find us at www.groveteam.com. or email us at info@groveteam.com.

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