Local on Murphy Real Estate Blog: Houses For Sale in Murphy TX

Murphy TX Market Report July 2011

The City of Murphy TX continues to have a strong market in the single family housing, new construction and pre-owned.

During the month of June 28 single family residences SOLD. That represents an increase of 40% over last month and a 25% increase over last year's sales in June.

Area / Top Neighborhood	# of Sold	Last Month	Last Year
City of Murphy	28	17	21
Maxwell Creek	4	4	5
Windy Hill Farms	4	0	2
Glen Ridge	3	3	4

Looking at the chart above the increase in sales looks promising for the housing market. Although it may only be a glimmer of hope. Forecasters warn that a drop in local housing prices are expected to impact the number of sales as the year draws to a close.

Last year in 2010 the average sales price for the month of June was $266,241. The average sales price for the month of June in 2011 is $264,316. Days on market in 2010 averaged 116. In 2011 the average number of days on the market was 70.

Conditions that help to promote a timely sale include improving your home's landscaping, stunning curb appeal is key to making a really good impression. That first impression stands out as vital in today's market.

Are you moving? Within the City of Murphy there are 17 homes presently available in the price range of $199,999 or less. There are 57 homes available within the price range of $200,000 to $299,999. Let's talk; I welcome the opportunity to earn your business.

Success means having the courage, the determination, and the will to become the person you believe you were meant to be.

Originally posted at: Plano Homes & Real Estate: Murphy TX Market Report July 2011