Mike Starks
(830) 456-3532 | Mike@MikeStarks.com
  • Home
  • Search
    • Easy Search
    • Detailed Search
    • Search by Map
    • New Listing Notifications
    • User Login
  • My Listings
    • Homes for sale
    • Ranches and Land
    • Commercial Property
  • Buyers & Sellers
  • Information
  • The Mike Starks Blog
  • Contact
Home > Real Estate Sales set record in Fredericksburg TX for 2017

Real Estate Sales set record in Fredericksburg TX for 2017

January 17, 2018 by mstarks Leave a Comment

Real Estate Sales set record in Fredericksburg TX for 2017Once again Real Estate Sales set record in Fredericksburg TX for 2017  

 

Total sales at all time High

The total dollars sold in Gillespie county in 2017 was $259,417,864. That was a 16.5% increase over 2016 when the total sales ended at a little over $216,809,591.  The total number of individual properties that sold was also up right at 10% . So a very healthy increase in the total sales for the county.

 

 

Average Home Prices in Fredericksburg TXaverage home prices in Fredericksburg TX

In 2017 the average price of a home in Fredericksburg rose to $402,928
That is an increase of 10.3% over the end of 2016 when the average home price was $361,726. That is an a astounding  46.3% increase over the past 5 years , when in 2013 the avg priced home was $256,810
Now that sounds like a really big jump in prices and it is, but if you examine it closely you’ll see that comes out to an appreciation rate of 9.26% a year over the last 5 years. and 9% a year is certainly strong but not totally out of line. In fact the national appreciation rate over the last 5 years was 7.11%. So even though it may feel a little crazy in Fredericksburg sometimes it helps to look at if form the perspective that we really are not going up that much faster than the national average
 
If you would like to know more about the Fredericksburg TX Real Estate Market you can get even more details here.

Filed Under: Market Reports, Real Estate News Tagged With: Fredericksburg, Gillespie, Home, market, Mike Starks, prices, Real Estate, realtor, Report, TX

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Easy Search
Real Estate links
Detail Search
Real Estate
Real Estate
Market Report
New Listing Notifications
What's My
property Worth

Categories

  • Market Reports
  • New Listings
  • Real Estate News
  • Uncategorized

  • Email
  • Facebook
  • LinkedIn

116 East Austin Sreet
Fredericksburg TX 78624
Mike@MikeStarks.com
(830) 990-8708 Office
(830) 456-3532 Cell
Contact Mike
Each office independently owned and operated.

sitemap   •   admin   •   ©2023 All Rights Reserved  •  Real Estate Website Design by IDXCentral.com   •   TREC Consumer Protection Notice & Information About Brokerage Services