Want to know which neighborhoods had the highest number of home sales for February? What the median home prices are in the best selling areas and the average days homes were on the market?
Well, you are in luck. Check out the chart.
February is not historically one of the best months for home sales. 2011 sticks to that norm. Only 87 lucky home owners managed to sell their single family home during the month of February here in the Golden Triangle. *Data from the Beaumont MLS.
The top five things to know about February home sales in Southeast Texas:
- The top selling area was Beaumont's W2 neighorhood with 12 home sales recorded.
- Beaumont's W4 area with neighborhoods such as: Barrington Heights, Fairfield and West Chase had the highest median sales price of $289,000.
- The most affordable westend neighborhood in Beaumont is still W3 – the area roughly between Phelan and College.
- All of the top selling areas in Southeast Texas had an average days on the market of over 100. Translation = Its taking home sellers about four months on average to sell.
- Its still a buyers market in Beaumont, Lumberton, Vidor and all of Southeast Texas. The inventory of available homes is close to an 11 month supply.
The last thing to know about the housing market in Southeast Texas is that it is still an incredible time to buy a home. Disclaimer: "Yes, I sell houses for my profession. Honestly, I've never seen a better time to buy a home. No, it won't be this way forever." If you are ready to act now, call me today and we'll find you a great home at a great price.

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