Victoria October market trends: SwearingenVictoria October market trends: Swearingenhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=56002013-12-02T07:22:00Z2013-11-27T00:00:00Z

VICTORIA - As we move into fourth quarter, the market should begin its seasonal slowdown, according to Lee Swearingen of Coldwell Banker The Ron Brown Company. With very low housing inventory and rising prices, now may be a good time for buyers to make a move.

Loan-to-income ratios are getting tighter and limiting choices for buyers. In spite of this, homes competitively priced and properly positioned in the market continue to get attention.

Victoria MLS
All Categories* 12 Months
  Oct. 2012
12 Months
  Oct. 2013
Residential property sales 868 879 1.3%
Total dollar volume $141,318,660 $145,769,869 3.1%
Average sales price $162,810 $165,836 1.9%
Median sales price $144,000 $150,000 4.2%
Total active listings end of month 298 250 -16.1%
Months inventory 3.6 3.0 -16.7%

*Figures refer to the residential homes market.

Read more at the Victoria Advocate.

Victoria Advocate
http://www.victoriaadvocate.com/news/2013/nov/26/swearingen_112713_226277/Read more at {Source}

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