The information presented below is complied from data sourced via the Gillespie County Multiple Listing Service.  The tracking historical sales data is grouped into categories that include:  "Residential", "Rural Subdivision Lots/Tracts", Acreage, Farm/Ranch" and "City Lots".  These categories are further defined by "area" (e.g. in town, out-of-town/county).

While it can be difficult to portrait a true "apples to apples" picture of current real estate sales, the numbers speak for themselves as categorized.  A lot can be read "between the lines" when discussing these figures, if you would like more detailed information on these summary comparisons, feel free to contact me at your convenience.

4th Quarter-2010

Residential-City (Fredericksburg, TX) -  The total number of homes sold within the 4th quarter of 2010 actually increased by 10% from sales reported within the 4th quarter of 2009 (47 in '09 and 52 in '10). The average price of a sold property increased by 39% ($215,152 in '09 vs. $298,708 in '10) and the average number of days-on-market (DOM) has increased an average of 8% (163 by end of 4th, 2009 vs. the current 176 days). The total dollar volume of homes sold actually increased by 77%. Notably, the average list price to sale price ratio (LP/SP) has decreased from 91% in 2009 to the current 89%.

 

Overall number of units sold decreased from the 3rd quarter of this year to the 4th quarter of 2010 by 33.3% (78 units were sold in 3rd qtr. ’10 vs. 52 sold in the 4th qtr. of 2010). 

 

Year-to-date (vs. YTD, 2008), total units sold have increased by 8.2%, the average price of sold units has decreased by 9.2%, the average DOM has increased by 22%, the total dollar volume sold has decreased by 1.75% and the average LP/SP ratio has remain statistically unchanged (94% in ’08 to 93% currently).

 

Residential-County (Gillespie County Only) - The total number of homes (w/acreage) sold within the 4th quarter of 2010 decreased by 36% from the sales reported within the 4th quarter of 2009 (82 in '09 vs. 52 in '10).  The average price of a sold property increased 37% ($217,322 in '089 vs. $298,708 in '10) and the average number of DOM has held steady (176 in '09 to 176 in '10).  The total dollar volume of homes sold has increased 28%. Notably, the average list price to sale price ratio (LP/SP) has decreased from 92% in 2009 to the current 89%. 

 

Year-to-date (vs. YTD, 2008), total units sold have decreased by 19.5%, the average price of sold units has decreased by 21.3%, the average DOM has held steady at an average of 200 days, the total dollar volume sold has decreased by 36% and the average LP/SP ratio has remained statistically unchanged.

 

Lots-City (Fredericksburg, TX) - The total number of lots sold within the 4th quarter of 2010 remained steady from the sales reported within the 4th quarter of 2009 (6 in '09 vs. 5 in '10). The average price of a sold lot decreased ($94,750 in '09 vs. $81,672 in '10) and the average DOM has decreased 31% (526 in '09 vs. 360 in '10).  The total dollar volume of lots sold has decreased by 48%.  

Year-to-date (vs. YTD, 2008), total units sold have decreased by 39%, the average price of sold units has increased by 3.25%, the average DOM has increased by 72%, the total dollar volume sold has decreased  by over 37% from YTD ’08 to YTD ’09.

 

 

Rural Subdivision Lots/Tracts - The total number of acreage lots sold within the 4th quarter of 2010 increased (11 in '09 vs. 13 in '10).  The average price of a sold acreage lot decreased by 8.4%  ($101,582 in '09 vs. $93,003 in '10). and the total dollar volume of acreage lots sold decreased by 8%.  

 

Year-to-date (vs. YTD, 2008), total units sold have decreased by 31.9%, the average price of sold units has decreased by 21.5%, the average DOM has increased by 21.75%, the total dollar volume sold has decreased  by 46.6%.