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January 7, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Bedford, Texas

Reported by Ann Anker, REALTOR

Updated December 17, 2008.

Current Market Rating: 3




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Buyer's

Seller's

Current Price Trend: 4




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Falling

Rising

Welcome to the Bedford Real Estate market in 2008. This year is almost history and the market is looking much better than the year started. . We began December 2008 with 165 homes currently on the market, a 14% decrease from same period in 2007. November ended with 504 homes sold year to date, down 6% over the same period 2007. The average days on the market through November was 60 days, up 22% but houses are selling with an average sales price of $166,543, unchanged;with the median price of $156,900, up 1% . Less homes on the market, less homes sold, longer time on market but higher price, . Total dollar value year to date in 2008 $83,937,672 down 7%. During 2007 570 homes sold, a 7% decrease from 2006 with a small 2% increase in average sales price to $166,403....The total dollar volume spent in Residential Real Estate in 2007 equals $94,849,710. The best indicator of the market is Average Days on the Market; through December the average DOM was 50 days, down 11%. Total dollar volume spent for real estate in Bedford in 2006 was $99,535,253. Even with the decrease in the inventory of available homes, Bedford offers buyers a wide selection of choices. Great homes, great prices, great neighborhoods, great city!

ZIP Code: 76020

Location Characteristics: Bedford is conveniently located in the heart of the Dallas/Fort Worth Metroplex. Bedford offers a small community atmosphere while still providing all of the urban amenities. It is a thriving community with a rich history and an exciting future. Bedford is an easy commute to Dallas or Fort Worth and is convenient to DFW Airport. Thinking of relocating to the area? Bedford offers a variety of churches, excellent schools, and safe neighborhoods.

For More Information:

View Market Conditions of other areas served by Ann Anker

Navigate: Top > Texas > Bedford

About Ann Anker:
Looking for a new home? Selling your existing home? Buying a vacation home or investment property? Moving to a new area of the state or another state?

I can help!!

I have over 30 years experience in sales, marketing and contract negotiations. These skills help me:
# Assist you in buying the perfect home for you and your family with new construction or existing homes. I will familiarize you with the community, schools, and amenities of the area to help you with your neighborhood and property choice.
# Market your home to achieve the best possible price for your house in the lease amount of time
Exposure is the key to selling any property. Being affiliated with the largest real estate network in the world, Century 21, gives your property internet exposure unequaled in the industry.
Century 21 Worldwide Office: Production Award Winner, Quality Award Winner, Top 1% of all Century 21 offices for Quality and Production.

Call me or email, I would love to help you with any and all of your Real Estate needs.
817-726-3839
annanker@sbcglobal.net




These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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