DW Slater Company Newsletter
As September is now coming to an end, we are enjoying a little bit of crisp autum coolness in the air ( well as much as we get right now in Texas). Here is a look at our local markets for median sale prices in September:
September 2015 - $237,500
August 2015 - $237,750
September 2014- $212,000
The median sale price was almost flat from last month but is up 10.73% from last year.
August 2015- $260,000
The median sale price is down 5.2% from last month but is up 4.38% from last year.
August 2015- $162,400
The median sale price is down slightly at 1.53% from last month and is down 3.15% from last year.
August 2015- $130,500
The median sale price is down 14.47% from last month and is up 7.89% from las year.
Overall the market appreciation is beginning to slow as is typical for this time of year. Denton and Collin counties are larger, higher volume markets and are showing a slight slowdown but are still up from the same time last year. Cooke and Grayson county are smaller markets with less volume and tend to vary more month to month.
Blog Posts from this month you might enjoy would be:
A guest post by Kyle Foley : How to Avoid Over Budgeting in the Custom Home Process
An inspirational post about Ebby Halliday: Thank you Ebby Halliday
We are also proud to announce that Shannon Slater has upgraded her real estate appraiser's license to State Certified Residential Real Estate Appraiser. This entails 2,500 hours of experience, 200 hours of qualifiying education and successful completion of the Certified Residential Real Estate Appraiser Exam. A Certified Residential Appraiser is authorized for the appraisal of 1-4 unit residential properties without regard to transaction value or complexity of the appraisal for federally related transactions and non-federally related transactions.
We hope that you are off to a great start to Fall. As always, if you have any questions about real estate appraisals or appraising please contact us.