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Real Estate Companies

Real Estate Agencies

 

Bennett & Associates
909 E. Third
Sweetwater, TX  79556
325.236.6321
www.bennettandassociates.com

 

Hunter Ranch & Realty
101 Locust St.
Sweetwater, TX  79556
325.235.1522
http://www.hunterrandr.com/

 

Morgan Real Estate
217 Oak St.
Sweetwater, TX  79556
325.235.1762
www.morganre.com

 

Sweetwater Real Estate
PO Box 116
Sweetwater, TX  79556
325.660.2056
www.sweetwaterrealestateco.com

 

Title Company

Sweetwater Title Co.
107 E Third St.
Sweetwater, TX  79556
325.235.4492
jd@hargrovelaw.com



NOLAN COUNTY HOUSING MARKET SOLID FOR 2016

Although the median price of residential real estate of $86,500 is down 8.9% from 2015's all time high of $95,000, it is still above the average of the previous 5 years, according to data released this month from the Nolan County Board of Realters.  That trend is mirrored in the median price per square foot of residential real estate for 2016 of $55.00...off 8.1% from the record set in 2015, yet above the 5 year average.

The median Days on Market (DOM) for 2016 has seen a dramatic increase of over 23% to 127 days, attributable in large part to the new Closing Disclosure regulations according to the Nolan County Board of Realtors.  This demonstrates an important aspect of the value of using a realtor in your real estate transactions.  Your time is money and you need a professional to watch over the timelines of your transaction.  Also, the importance of an accurate asking price cannot be overstated, as the median sales/list price ratio has decreased nearly 2% from the previous year... from 95.9% to 94.23%  Statistics have proven that a properly priced home sells for more money in the least amount of time, compared to homes that are initally overpriced. 


  2011 2012 2013 2014 2015 2016
SALES 50 87 92 103 97 88
MEDIAN $ 81,450 82,500 87,000 80,000 95,000 86,500
$/sf* 48.50 49.96 55.00 53.95 59.88 55.00
DOM** 112 100 86 92 103 127
S/L*** 94.3% 95.1% 95.7% 93.3% 95.9% 94.23%

*Price per square

**Days on Market

***Sales to List Price ratio

Article from Tuesday February 28, 2017 issue of Real Estate Now, Sweetwater's Timely and Newsworthy Real Estate Guide