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Thursday, January 20, 2011

Pecan Grove Homes Sales 2010 vs. 2009

*from HAR-MLS
Number Sold
Avg. Sales
Price
Avg. SP/
Sq. ft.
Avg. SP/LP %
Avg. DOM
    2010
66
$229,936
 $ 76.41
97%
69
    2009
80
$218,072
 $ 75.03
97%
70

We had a great 2010 in Pecan Grove with the average home selling in just over 2 months! 

While the Sales Price / List Price ratio remained the same at 97%, a very good number. The average sold price/sq.ft. slightly increased from 2009, while actual numbers varied from $44 to $105, showing the great differences in houses in the area. However, average sales price in Pecan Grove for 2010 also exceeded the average for 2009 proving that this continues to be a fabulous and very desirable neighborhood.

Fewer homes were sold in 2010. This statistic mirrored average statistics for the entire Houston MLS where the number of homes sold declined from the previous year. I believe that fewer homes were on the market in 2010 than in 2009 in the neighborhood. Homes priced right, in good condition, that compare well with the other homes on the market sell in Pecan Grove.

I want to thank all of my friends and clients in Pecan Grove that allowed me to assist them in the sale and/or purchase of their home and have honored me by referring me to their friends and family!  Thanks to you, I have been able to assist a majority of Pecan Grove neighbors. I look forward to my 15th year as your Realtor, and look forward to helping many more of you reach your goal in 2011.

I am here to assist you!
marta@martamohan.com     713-851-8881