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April Housing Reports

by Shirl Thornton

Real Estate Market Reports come compliments of the Highland Lakes Association of Realtors. Click the links below to see the statistics on specific communities in the Highland Lakes area.

 

Llano County

Burnet

Kingsland

Llano

Marble Falls

Meadowlakes



January Housing Reports

by Shirl Thornton

Usually, this is the time of year when a realtor catches up on filing and longs for spring so business will pick up. Not this year. There was not a slow season. The housing market is jumping in Horseshoe Bay. Just take a look at the January Housing Report from the Highland Lakes Association of Realtors:

Follow the links below to see the numbers on January housing sales in the rest of the Highland Lakes.

Burnet County

Llano County

Burnet

Kingsland

Llano

Marble Falls

Meadowlakes

Highland Lakes Real Estate Market Trends

by Shirl Thornton

The October Housing Reports are out. Click the links below to get a snapshot of the market for that city.


October 2016 Statistics for Horseshoe Bay

  • 25 – Homes sold in October 2016, 66.7 percent more than October 2015.
  • $429,750 – Median price in October 2016, 60 percent more than in October 2015.
  • 13.7 – Monthly housing inventory in October 2016, 3.5 months more than October 2015.
  • 106 – Average number of days homes spent on the market in October 2016, the same as October 2015.
  • 349 – Active home listings on the market in October 2016, 39 percent more than October 2015.
 

  • 10 – Homes sold in October 2016, 16.7 percent less than October 2015.
  • $154,025 – Median price in October 2016, 9 percent more than in October 2015.
  • 3.0 – Monthly housing inventory in October 2016, .4 months less than October 2015.
  • 66 – Average number of days homes spent on the market in October 2016, 10 days more than October 2015.
  • 24 – Active home listings on the market in October 2016, 11.1 percent less than October 2015.

  • 6 – Homes sold in October 2016, 100 percent more than October 2015.
  • $135,000 – Median price in October 2016, 69 percent more than in October 2015.
  • 10.8 – Monthly housing inventory in October 2016, 2.2 months less than October 2015.
  • 261 – Average number of days homes spent on the market in October 2016, 58 days more than October 2015.
  • 53 – Active home listings on the market in October 2016, 1.9 percent less than October 2015.

 

October 2016 Statistics for Marble Falls


  • 5 – Homes sold in October 2016, 28.6 percent less than October 2015.
  • $165,000 – Median price in October 2016, 6 percent more than in October 2015.
  • 5.6 – Monthly housing inventory in October 2016, 1.4 months less than October 2015.
  • 29 – Average number of days homes spent on the market in October 2016, 25 days less than October 2015.
  • 51 – Active home listings on the market in October 2016, 8.5 percent more than October 2015.

Should I Buy a Home Now?

by Shirl Thornton

I'm often asked if this is a good time to buy a home. Some clients are concerned that home prices may fall down the road, while others are convinced that home prices will go up.

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates have fluctuated, they are still near historic lows. Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, a one point rise in interest rates could cost tens of thousands of dollars over the life of your mortgage!

While a home is a major investment, it is also the center of your personal life. It's important to live in a home that reflects your taste and values, yet is within your financial "comfort zone." To that end, it may be more important to lock in today's relatively low interest rates while they are still available.

Please give me a call if I can be of any assistance in determining how much home you can afford in today's market.

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Photo of Shirl A. Thornton Real Estate
Shirl A. Thornton
RE/MAX Horseshoe Bay Resort Sales Co.
7409 Hwy 2147
Horseshoe Bay TX 78657
Direct: (830)385-6200
Office: (830)598-8726
Fax: (830)598-1915