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Economic Report



Fredericksburg TX & Gillespie County Real Estate Market & Economic indicators


 Great news for the 2012 Real Estate Market in Fredericksburg TX.

 

 

Total dollars sold in the 3rd quarter of 2012 are up 23.6 %

over the 3rd quarter of 2011

 

 

Year to date total dollars sold for 2012 is up 7.2% and total units sold is up 6.1% over the first 3 quarters of 2011

 

The Fredericksburg Texas & Gillespie County Real Estate market continues to to show strong signs of stability and growth. For the  2012 we are continuing to see an increase in the total dollar sales over the 2 previous years.

  Though we are not back the the dollar sales of the peak of 2006 and 2007 we are heading on the right tract and the best news is that the priceing has reamined very stable. 

 Also the business on Mian street contiunes to thirve with 2012 sales receipts showing an all time record high for both the city and the county!

Fredericksburg TX, Gillespie County and the Texas Hill Country continue to fair better than most of the Nation. God Bless Texas!

 Here are some of the raw numbers from year to year

 

Real Estate Sold in Gillespie County

 

 Fredericksburg TX Real Estate Market

 

Real Estate Sold in Gillespie County

 

1st Quarter

2nd Quarter

3rd Quarter

4th Quarter

Year End

2006

$19,786,091.00

$30,440,779.00

$47,870,876.00

$28,688,790.00

$126,786,536.00

 

78 units

118 units

170 units

112 units

478 units

2007

$20,550,052.00

$41,849,699.00

$26,903,207.00

$22,276,901.00

$111,579,859.00

 

82 units

130 units

95 units

99 units

406 units

2008

$21,698,619.00

$34,673,597.00

$24,301,789.00

$18,742,435.00

$99,416,440.00

 

85 units

127 units

80 units

46 units

338 units

2009

$10,335,475.00

$17,860,263.00

$21,937,743.00

$19,929,626.00

$70,063,707.00

 

39 units

78 units

82 units

68 units

267 units

2010

$17,808,681.00

$22,084,624.00

$15,911,120.00

$20,136,867.00

$75,941,292.00

 

58 units

84 units

67 units

77 units

286 units

2011

$19,726,581.00

$25,781,256.00

 $20,332,439.00

 $18,093,853.00

 $84,131,129.00

 

55 units

87 units

 86 units

 70 units

 302 units

2012

$14,784,797.00

$29,544,048.00

 $26,582,655.00

 

 

 

   61 units

 99 units

 88  units

 

 

 

 

 

 

 

 

 

 

 Home Sales in the Fredericksburg TX City Limits

 

Total Sells

Total Units

Price

Average Price Per Foot

2006

$42,118,831

152

$232,683

$132.96

2007

$36,974,483

156

$237,016

$140.05

2008

$29,065,945

126

$230,682

$131.83

2009

$29,659,400

133

$223,003

$134.02

2010

$29,096,349

141

$206,357

$125.79

2011

$31,936,250

145

$232,589

$129.26

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Another good indicator that the Fredericksburg & Gillespie county Economy is doing well is that the Sales Tax receipt for both the county and the city remain very strong for 2011. In fact  many of the months this year have been all time highs , this despite the fact that we did not have many wild flowers for the spring tourist industry and the current drought has been hurting the agricultural receipts for Gillespie County Farms and Ranchers hard this year.

City of Fredericksburg Tax Recipts

 
             2012		   2011
2010
2009
2008
2007











JAN
          340,562		   317,080
280,027
307,276
304,782
291,840
FEB
          403,680		   395,621
371,645
370,511
384,408
374,038
MAR
263,934		   241,878
217,531
244,516
242,936
211,042
APR
282,715		   221,595
226,204
246,497
245,731
228,136
MAY
398,947		   358,059
346,986
326,611
337,386
319,625
JUN
336,429		   309,902
300,514
295,136
297,651
272,596
JUL
329,095		   301,813
279,525
269,127
298,664
283,808
AUG
358,792		             357,203
336,388
321,620
328,061
319,408
SEP 333,872
             288,800
299,791
297,713
309,799
282,891
OCT
            315,287
272,509
261,845
288,777
279,341
NOV
            291,249
324,607
281,253
302,935
302,124
DEC
            310,045
296,930
298,593
289,931
291,619











Total
          3,048728		   3,708,532
3,552,657
3,520,698
3,631,061
3,456,468

 

Gillespie County Tax Reciepts

 
             2012		            2011
2010
2009
2008
2007











JAN
         135,486		 129,100
114,006
124,900
121,835
116,856
FEB
         171,080		 164,530
152,631
156,721
158,719
151,529
MAR
107,811		 97,024
90,365
98,685
99,481
88,396
APR
118,975		 92,537
93,204
99,616
104,111
92,872
MAY
177,882		 153,252
148,772
141,709
133,405
132,336
JUN
144,970		 129,743
127,995
129,041
133,411
113,118
JUL
139,193		 125,154
116,810
117,202
122,196
119,847
AUG
161,807		                       153,275
141,909
136,002
142,780
138,119
SEP
138,019		                      117,914
125,113
128,883
124,848
116,168
OCT
                     125,893
112,244
102,117
118,217
115,259
NOV
                     131,441
139,931
123,352
134,938
130,133
DEC
                      127,082
122,845
121,764
120,354
118,583











Total
        1,295,460		 1,546,945
1,485,825
1,479,992
1,514,295
1,433,216

 

 

 

 

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