Market comparison between first half of 2009 and 2008 shows large decrease in sales in Texas Hill Country

By Greg Oehler

Market Comparison Report

Dates:

01/01/2009 to 6/30/2009

01/01/2008 to 6/30/2008

Property Types:

ALL

Areas:

ALL

Jan 1 - Jun 30, 2008

Jan 1 - Jun 30, 2009

Difference

Percentage

Property Type

Units

Dollars

Units

Dollars

Units

Dollars

Units

Dollars

Residential

158

42,166,038.00

119

23,828,200.00

-39

-18,337,838.00

-24.68

-43.49

Land and Farm

161

46,124,042.00

78

19,778,556.00

-83

-26,345,486.00

-51.55

-57.12

Commercial

12

4,205,000.00

6

2,876,500.00

-6

-1,328,500.00

-50.00

-31.59

Totals:

331

92,495,080.00

203

46,483,256.00

-128

-46,011,824.00

-38.67

-49.75

The good news is that listings are selling at market values. Sellers that do not understand […]

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