May 2010 Brazos Valley Market Synopsis & Graphs
College Station Real Estate Market Report
Bryan Market Report
by Sam White on June 9, 2010

(Click an underlined title to see the appropriate chart.)

Dear readers,

May 2010 residential real estate statistics for Bryan College Station look good overall.

Total monthly sales came in only slightly higher than 2009, at $45,529,835, compared with $53,031,332 in 2008.

Units sold were also slightly above 2009 numbers at 282, versus 266 in 2009 and 333 units in 2008. Total monthly sales and units sold usually move in tandem.

Following the same pattern, average single-family home price came in at $161,453, only slightly above 2009's $159,253 and well below 2008, when the average price was $171,079. This is one of those charts that is all over the place.

Average days on the market stayed tight at 111, compared with 113 in 2009 and 111 days in 2008.

Finally, new listings taken in May were only 372, in stark contrast to 477 new listings gaken in April 2010. This is a graph to watch.

Although all the numbers come in better than 2009 (one would hope), they are still indications of a slightly soft market. That said, buyers are getting some good deals and the average ADOM for my listings this summer is very short, around 16 days.

All of these charts as well as national real estate news and mortgage rates are available at MarketReports.SamWhiteRealty.com. Scroll down the page and you'll also find the short video, This Month in Real Estate, from Keller Williams Realty.

Remember, you can get this market information daily on my twitter feed, @BCShomes. Going green? Follow @BCSgreenliving for sane tips on how to save money and the environment. Finally, if you're on facebook, you can catch local market information as well as news and local events at facebook.samwhiterealty.com.

Please don't hesitate to contact me if you have any questions or I can be of assistance.

Blue skies,

Sam White
979-589-4487 google voice & text
sam@samwhiterealty.com