2011 was a wonderful year for the Georgetown real estate market, and I am excited for what 2012 holds for the real estate market locally, as well as nationally! It is no secret that the real estate market as a whole has taken a huge hit these last few years, but Georgetown TX has remained relative strong.
A review of the real estate market in Georgetown for 2011 indicates sales have been the highest since 2007. The graph of Georgetown TX real estate sales per month for the last five years shows a rather consistent pattern of activity with the highest number of sales occurring in the summer months.
The average sales price for 2011 was $220,104 which is down from $225,280 in 2010, a 2% decline. For the last five years, the highest average price was in 2009 at $229,262 which was 4% higher.
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Until next time,