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PRESIDENT’S COLUMN October 18, 2015 IN THIS ISSUE Open House .......... Pg. 2 Home Tours .......... Pg. 3 Classifieds ............. Pg. 3 Search by neighborhood, subdivision, city, zip, rentals, land, new construction, commercial ... AD DEADLINE Tuesday at 5:00 p.m. Leah Cox is president of the Waco Association of Realtors and is associated with Kelly, Realtors Waco Association of REALTORS releases real estate statistics for September 2015 October 12, 2015 – McLennan County home sales decreased 13% to 199 sales in September while home prices rose from the year prior according to the September 2015 McLennan County housing report released today by the Waco Association of REALTORS. According to the report, 199 homes were sold in McLennan county in September 2015, a 3% decrease from the year prior. The median price for McLennan County homes increased 13% year-over- year to $159,200 during the same timeframe. McLennan County’s monthly housing inventory was 3.5 months in September 2015. The Real Estate Center at Texas A&M University cites that 6.5 months of inventory represents a market in which supply and demand for homes if balanced. Homes spent an average of 64 days on the market in September. Additionally, there were 735 active residential listings for the county housing market during the same time frame. September 2015 199 Homes sold, 3% less than September 2014 $159,200 Median price for homes, 13% more than September 2014 3.5 Months of Inventory in 2015 64 Average number of days homes spent on market 30 days less than 2014 735 Active single family residential homes on the market in September 2015 which is 27% fewer than September 2014 With a growing economy, booming population and high quality of life, Texas is a great place to live, work and do business. As such, the demand for Texas real estate remains strong and enduring. Waco REALTORS@ continue to work daily to protect the rights of privateproperty owners, keep homeownership affordable, and promote public policies that benefit homeowners. *The inventory of homes for a market can be measured in months, which is defined as the number of active listings divided by the average sales per month of the prior 12 months. Advertise Your Home For Sale In Our Home Tours Section Call Call254.757.5853 254.757.5853 2801 COLUMBUS BEAUTIFUL ACREAGE 5301 CHAPARRAL DR EN -3 OP AY 1 D TO 7 K EN WEE P O SA Y DA Waco McLennan County Waco Drastically reduced to $199,900. Wonderful family home. 2 story Vintage, Stucco home with hard wood floors. Formal living and Dining rooms with French doors that open to a beautiful foyer. 3 large bedrooms and 3 baths. Sunroom that can be used for home schooling, study or game room. Home is located in wonderful neighborhood surrounded by other professional neighbors. You can’t miss this one. Price to sell and with as little as 3 1/2% down payment. Open today from 1 to 3 or by appointment. Land Tracts from 5 tto 30 A Acres E Each! h! Example: 5 Acres as low as $49,500. $995 down and only $355 a month! Example: 18 Acres as low as $99,000. $995 down and only $635 a month! Trees, ponds, views and special discounts for Texas Vet Financing. Located 20 minutes from Waco. Such a relaxing setting inside & out. This home offers a wonderful floorplan. Spacious entry leads to an oversized formal dining, impressive family room with tile floors & wood burning fireplace. The kitchen & breakfast area sparkling with rays of light from all of the glass across the back of the home overlooking the covered patio and inground pool. There are double ovens in the kitchen, glass cook top and pretty countertops. Sitting area in the master suite and fireplace. $289,900 Call today for your private showing. Diane Passmore Blue Cut Ranch Paula Guthrie Keller Williams Realty 254.776.7000 Coldwell Banker Jim Stewart, Realtors Realtor ® 254.715.6166 or 254.709.9908 254.749.8362

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