Surprising trends in Comal County's Fall Housing Market 2023

🏠 Comal County Real Estate Insights for Buyers and Sellers - October 2023
Welcome to Comal County! Join me, Heather Knox, your local real estate advisor, as we delve into the essential insights for both home buyers and sellers in our region's market for October 2023.
In this video, we'll explore the recent market trends and dynamics shaping Comal County's real estate landscape.
📈 Market Trends Overview:
Witness a significant shift from a seller's market to a buyer's market this year. For sellers, it's time for strategic approaches to stand out. Meanwhile, buyers can seize the opportunity to discover exceptional deals.
💰 Median Sold Prices:
The median sold price in Comal County stands at $419,738, indicating a 6.5% decrease from last year. Sellers, accurate pricing is now more critical than ever. Buyers, this might offer negotiation flexibility.
🛏️ Price Changes by Bedroom Count:
While smaller homes show price hikes, larger homes experience drops. Sellers, understanding this trend is pivotal for competitive pricing. Buyers eyeing larger homes might find the ideal time for a great deal.
🗺️ Comparison with Neighboring Counties:
Comal County's market trends stand distinct when compared to nearby areas. Sellers gain insights into local market positioning, while buyers explore better investment value prospects.
🏡 Housing Supply Insights:
A 4.6% surge in available homes translates to increased competition for sellers and broader options for buyers. Stand out with effective marketing or explore a variety of options for your dream home.
💲 Asking Price vs. Sold Price:
For buyers, a majority of homes sold below asking price last month, emphasizing the importance of realistic pricing and effective marketing strategies for sellers.
⏳ Average Sale Time:
Homes linger on the market longer, averaging 80 days. Patience for sellers and informed decisions for buyers are crucial amidst this trend.
🔑 Conclusion:
Whether you're aiming to buy or sell in Comal County, comprehending these market dynamics is key. I, Heather Knox, am here to provide personalized guidance through your real estate journey. Contact me for tailored advice as we navigate this ever-evolving market together. Stay tuned for more updates!
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Heather Knox is a San Antonio\Hill Country Real Estate Agent, a Residential, New Home Construction, Veteran/Military specialist and Relocations specialist with eXp Realty LLC. Serving all San Antonio & Hill Country communities. Allow myself to sell your home for more in less time using modern marketing strategies or help you buy a home you'll love!
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**Most stats and data mentioned came from the following sites and are not based on our opinions:
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More About San Antonio: en.wikipedia.o...
Neighborhood data: www.niche.com/...
All stats, data, house pricing, and anything else mentioned is always subject to change and is provided merely as an example at the time of this recording
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Heather Knox Texas Real Estate Agent | Texas Real Estate License: 772118
Brokered by EXP Realty
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[@wetfloorsproductions5887]

You have done a wonderful job at presenting helpful information on such a wonderful up and coming area to live! Thank you!!

[@Livinginhillcountrytexas]

Thank you so much!

[@jenniferfrey5176]

Love this market update! I’m a transaction coordinator and real estate VA in New Braunfels and this is such good information!

[@Livinginhillcountrytexas]

Thank you so much!