Steiner Ranch Real Estate » admin

Steiner Ranch Stats: Q3 2008 to 2009 Change

admin — Mon, 26 Oct 2009 22:07:11 +0000

The third quarter stats were surprisingly positive for Steiner Ranch. Number of units sold was up almost 20% and median sales price increased by 9.32%. However, average sold price was down 3.04%, highlighting the issue with upper end homes moving extremely slowly. It looks as though the first time homebuyer credit will be extended for 6 months, so there’s no reason to believe that we’ll see things slow down in the near future. Here are the 2008 Q3 numbers and the 2009 Q3 numbers.

Steiner Ranch Stats: Sep 2008-2009 Change

admin — Mon, 26 Oct 2009 21:29:17 +0000

The numbers look pretty decent for September, with the exception of median price. We saw no change in number of units sold, and virtually no change in average list & sold price. However, median price was down just under 11% from 2009. Here are the 2008 numbers and the 2009 numbers.

Steiner Ranch Statistics: Aug 2008-2009 Change

admin — Tue, 29 Sep 2009 23:43:42 +0000

Here are links to the Aug 2008 statistics and the Aug 2009 statistics. There was an uptick in units sold by over 10%, but it looks like Steiner is still on pace to decline by roughly 5%. However, the median price actually increased in August by 2.16%.

These numbers look promising, but the number of short sales in the neighborhood is worrisome. Currently, 10% of the properties listed in the neighborhood are short sales or foreclosures.