North Richland Hills DFW Blog: North Richland Hills Tx Market Report: October 2012

North Richland Hills Tx Market Report: October 2012

North Richland Hills Tx Market Report: October 2012

 

Hello everyone,

 

In honor of all of the stats currently running on every channel with election results, I have decided to compile my North Richland Hills Tx Market Report for October 2012.  I am trying to get a better format so please accept my apologies if this comes out strangely formatted on your computer. I would love any questions, comments or concerns you have regarding North Richland Hills TX real estate, as well as the rest of the Dallas Fort Worth metroplex. 

 

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This graph below gives the AVERAGES OF PENDINGS AND SOLDS in October 2012 for North Richland Hills TX homes for sale. 

The top graph shows pendings (PND) and the bottom part is solds (SLD).  CDOM is days on market. 

PND - 44 Properties Found

 

Square Feet

Bedrooms

Full Baths

Half Baths

List Price

Price per Square Foot

CDOM

 

Min

1087

2

1

0

$49,900

$33

0

 

Avg

2072

3

2

0

$166,059

$80

60

 

Max

4700

5

5

1

$469,900

$128

212

 

 

SLD - 54 Properties Found

 

Square Feet

Bedrooms

Full Baths

Half Baths

List Price

Sale Price

Price per Square Foot

CDOM

Min

748

2

1

0

$56,000

$53,000

$43

0

Avg

2329

3

2

0

$196,365

$191,711

$82

61

Max

4001

5

4

2

$469,000

$464,000

$127

298

 
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The graph below shows activity by subdivision in North Richland Hills for PENDING properties. 

 

It seems there is slightly more activity in the Kingswood Estates Subdivision and Foster Village subdivision.  If you own a home in these two subdivisions you may want to consider listing soon because there is a lack of listings in North Richland Hills and per my last blog we are swinging into a seller’s market. 

 

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The following table is SOLDS IN NORTH RICHLAND HILLS by SUBDIVISION in North Richland Hills.

 

Foster Village had the most sales close last month.  This subdivision is very affordable and has opportunities for first time homebuyers as well as for investment properties.

 

 

 

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This next graph shows North Richland Hills TX homes and the average price per square foot for 2 BR or less, 3BR and 4BR or more over time. 

 

Two bedroom homes fluctuate the most over time and are currently at the lowest price per square foot. 

 

 

 North richland hills homes by bedroom average price per square foot

 

 

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This last graph shows North Richland Hills homes days on market by the month of October and by price range for the last 3 years.

 

 

 North Richland Hills days on market, north richland hills homes for sale, amy steele realtor

 

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Well I hope that I was able to help you understand the real estate market in North Richland Hills TX for the month of October.  No matter who wins the election tonight we all keep forging on ahead here in Texas in one of the best real estate markets in the country. 

 

For more information on purchasing a home in North Richland Hills, please visit my North Richland Hills page.  I have city information, blog posts by city, and homes for sale in North Richland hills by price range, pool, golf course, media room and more!

Take care and have a great night!

Amy Steele

Amy Steele REALTOR ®   CNE  SRS CNE MRP
Cell: (817) 470-8043
Website: DFWAmySteele.com
Email: steeleofalifetime@gmail.com
TX License 0620575
Certified Negotiation Expert
Sellers Representative Specialist
New Home Specialist
Military Relocation Professional

Keep North Richland Hills Beautiful Commission member, place 2
NRH Strategic Planning Committee

JP and Associates Realtors

2615 E Southlake Blvd Ste 160
Southlake, TX 76092

 


 

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 Information regarding statistics on housing data provided from NTREIS MLS.

Comment balloon 0 commentsAmy Steele Realtor SRS CNE NHS MRP • November 06 2012 08:07PM

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