Discover available land for sale in Gillespie County through the expertise of Michele Smith. Whether you're seeking a tranquil rural retreat or an investment opportunity, our listings cover a variety of options. Reach out to Michele Smith to access valuable insights, schedule property viewings, or gather more information. Your journey to owning land in Gillespie County starts here.
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The housing market in Gillespie County shows stability in median prices but demonstrates a considerable increase in the average time homes spend on the market.
Insights into Gillespie County's housing market:
Median Home Prices: Last month, Gillespie County experienced a marginal decline of 0.033% in the median sale price of homes, maintaining a median price of $477,000 compared to the previous year.
Price per Square Foot: The median sale price per square foot significantly dropped by 51.1% since last year, now standing at $203.
Sales Dynamics: Homes in Gillespie County are taking longer to sell, with an average of 80 days on the market compared to 53 days the previous year. Additionally, there was a decrease in the number of homes sold, with 20 homes sold in October this year, down from 22 in the same period last year.
Price Stability: The slight decline in median prices suggests a relatively stable market, despite the considerable drop in the price per square foot.
Extended Time on Market: The increase in the average days on the market might indicate a shift in buyer preferences or other factors influencing property sales.
Local Real Estate Dynamics: Gillespie County continues to offer opportunities for buyers, albeit with nuanced pricing trends and a longer selling period.
For personalized guidance and in-depth knowledge about navigating the Gillespie County real estate market, Michele Smith is your trusted advisor. With a dedication to providing valuable insights and exceptional service, Michele is well-equipped to assist you in your real estate endeavors in Gillespie County.
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