Friday, January 28, 2011

Where Are All The Buyers At??

I decided to jump start my New Braunfels Real Estate blog with answers to the question that most property sellers in New Braunfels are asking...."where are all the buyers at?" 

If you are a seller, in New Braunfels, there is no doubt that you have recently experienced frustration with selling your home....tons of showings and no offers, offers that are way too low, buyers that back out of contracts, and financing that falls apart.  Chances are good...your home has also been on the market for months.  There more properties available than there are good, solid, qualified buyers.  Buyers are taking their time, seeing tons of properties, and choosing the ones that are priced the best, have the best features, in the best locations, with the most updates.  Its a buyers market and buyers are not stretching their budgets; they are being conservative and purchasing below their qualification price range.

Centralized Showings is a company that most real estate offices and Realtors employ to schedule showings for their listings.  This company also collects, and makes available, data on the showings that are set up through their company.  Through their services, we are able to zero in on which price ranges have the most buyer traffic. 

So in what price ranges are these buyers looking?   

This data was collected for showings that occurred between January 1-28, 2011, in the New Braunfels zip codes of 78130 and 78132. 

$30,000 - $250,000 Range:


$250,000 - $500,000 Range:



So what does this mean?  This means that the most active price range for properties priced under $250,000 is $130,000-$150,000 and the most trafficked price range in the upper tier is $280,000 - $300,000. 

Where does your property stand??

I hope you find this information helpful and I look forward to bringing you more information in the future!

Note:  Showing data is collected from Centralized Showings and does not necessarily reflect showings scheduled by Keller Williams, on Keller Williams listings.  This data does not include real estate companies and agents that do not use Centralized Showings, and does not include builder properties and properties for sale by owner.

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