Williamson County Real Estate – 2010 Review

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One of the trends that I’ve been following this year is the level of activity for sold homes in Williamson County, Texas.  This graph (courtesy of the Williamson County Association of Realtors) shows some interesting trends that I thought I would share with you.

At first, you’ll notice that the amount of homes that sold from January through May was actually higher than 2009 numbers.  That’s good.  However, keep in mind this was when a majority of Americans were buying homes and taking advantage of the $8000 tax credit.  This tax credit probably caused a lot of people to buy in the first half of the year who wouldn’t have otherwise…or would have waited to buy in the second half of 2010.

After the tax credit expired, the level of activity dropped significantly lower then the amount of homes sold in any of the years from 2006 and 2009.  However, in November that number surpassed the 2008 levels.  432 homes were sold in the month of December , continuing the trend upwards, surpassing both 2008 and 2009 levels.

I see this as a positive sign for 2011 and I am optimistic that the level of real estate activity will continue to improve through the Summer of 2011 before slowing back down again.  Traditionally, there are 400+ homes that sell in Williamson County in the month of January but the last 2 years that level has been closer to 250-300 homes.  It will be intersesting to see how many homes actually sell in January and whether or not we’ll continue to see the upward trend.

If you’re a buyer or seller in this market, there are ways to leverage your position in any market.  Just ask me how and I’d be happy to share with you the systems I use to help you save the most money and time.

~ Your Favorite HOMEboy, Edward

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