Sales for Saginaw, Texas, June 2019
June is traditionally one of the best months of the year for home sales, and this month’s sales followed the trend with robust sales, short times on the market, sold prices near list prices, and a sustained high average price for homes sold by individuals.
Thirty- six homes sold in June. They ranged in size from 1241 to 3245 square feet with sold prices ranging from $158,350 to $407.500. The average size of 2044 square feet is larger than homes that have sold some months. This size preference in June probably reflects the fact that this is the time of the year when families with school age children traditionally purchase homes. The smallest, least expensive home was in Rancho North and the largest, most expensive home was in Creekwood. The houses that sold were built from 1962 until 2017. The average year built was 1997.
Twenty-four of the homes sold in less than two weeks, the average time to sell was 19 days, and the longest time on the market was 77 days for these homes selling in June. The average time on the market for the current active listings is 52 days. These statistics mean that desirable homes in good condition which are priced correctly are selling quickly, but homes that are too expensive, need repairs, have a poor floor plan or present a special challenge could be for sale of months.
Homes sold for an average of 99.56% of the final list price. The lowest sale was 88.77% of the list price, and ten homes for more than the list price. The notes in the Multiple Listing Service identify at least four as having multiple offers. Three of these homes are in Parkwest.
If you wish to list your home in time to attract families with school aged children, now is the time to call, text or e-mail me to market your home as soon as possible. Most sales transactions need approximately one month to close. School will start in August, and families are scrambling to purchase a home and move prior to the first day of school. If you are a buyer looking for the perfect home, please contact me and I will use all of my local knowledge and experience to make your search easy and successful. I look forward to serving you!
– Kathleen Wheeler –