The housing market continues to improve in the Victoria area. 2011 ended well above 2010 in units sold, dollar volume and price. This is significant since the first half of 2010 was stimulated by the “First Time Buyer Tax Credit”. Additionally, we saw month over month improvements throughout the year. This trend establishes that the local housing market has recovered and is moving forward at a fairly brisk pace.

The main thing keeping ...

This month's report continues to show improvement in every market indicator. The pace remains steady at about a 10% growth over last year. The only area of concern is inventory. Typically, at this time of year we see the inventory building. That is not the case this year. The number of homes for sale in the mid market is very low and this is where most of the demand is.

 Buyers are finding much ...

Year to date numbers are moving ahead of last year, despite the fact that last years numbers were stimulated by federal tax credits. This market continues to improve despite stringent underwriting by lenders. This confirms our contention that the market is driven by jobs.

The average sales price for residential homes was $145,586 for the 12 months ending September, 2011, up 5.7 percent versus the same period ending September, 2010 when it was $137,763. The ...

Remember all real estate markets are local and this is a reflection of the Victoria, Texas market. The residential housing market continues to improve. Looking at June and July, we see a dramatic increase in number of transactions closed. This is obviously a reflection of job creation in our local market. Median and average prices are moving upward. The inventory of available homes has been reduced to the point that we are becoming a “seller’s ...

The housing market in the Victoria region in 2010 is one of three different periods. Through May, the market was influenced by the federal "first time buyer tax credit". After that, the market took a breather as did the national and state markets. The last quarter we saw an in migration of new buyers that caused the market to end on a high note.

The "first time buyer tax credit" created a flurry of activity ...

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This report reflects Victoria County only.

The average sales price for residential homes was $166,811.

The median sales price of residential homes was $134,750.

Months of inventory was 7 months.

For questions or more information about these numbers, call me today! 361 550 4304

If you are a fan of golf, then Victoria has plenty to offer you. The city boasts three golf courses: two open to the public and one private club. That’s a lot of golf for a city this size. The courses range from municipal courses to exclusive private clubs, so you can choose the golf environment that fits your personal style.

Riverside Golf Course is owned by the City of Victoria and has the ...

The Lone Tree Industrial Park in Victoria, Texas started with the vision of city leaders to create a site with everything a big employer would need to immediately set up a new facility, such as all city utilities and easy access to railroads and roadways. The multi-million dollar project, paid for with local sales tax revenue and federal grants, was finished in 2004. For six years, the large facility sat unoccupied. While the Victoria Economic ...

Realtors get asked about the letters after their name. Many people don’t know what the letters mean, but those letters are very important for customers. They represent different professional certifications earned by the Realtor through extensive education and hard work. These designations are not required for a Realtor to sell real estate and a Realtor doesn’t get paid any extra money for those designations. So when you see those letters, it means your Realtor is ...

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This report reflects Victoria County only. The neighboring counties of Goliad, Jackson, Calhoun, Dewitt & Lavaca show similarities to Victoria County.

July 2010: The average sales price for residential homes was $144,316, up 8.8% versus July 2009 when it was $132,669. The median price of a residential home for July was $131,000 versus July 2009 when it was $127,000, an increase of 3.1%. Months of inventory was 6.3, reflecting ...