What a difference a year makes.
Increases in median property prices from August of 2004 to August of
2005 are trending as follows:
Residential w/Acreage +18.18%
City Lots +10.65%
Acreage, Farm, Ranch +30.00%
Rural Sbdvn lots/Tract+13.00%
Commercial +44.91%
Residential -00.81%
ALL COMBINED +16.63%
While residential appears to be soft there are many "bright spots"
(i.e. areas with substantial increases), these include:
C1-City-Carriage Hills NE +11.83
C2-City-Mulberry St. North +14.16
C5-City-W Main, N Milam-Morse +20.72
Sales volume ($$) for this same period has increased as follows:
Residential (total) + 23.05%
Residential w/Acreage +127.28%
City Lots +272.19%
Acreage/Farm/Ranch + 95.01%
Rural Subdivision + 17.14%
Commercial + 8.68%
OVERALL + 61.38%
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