Georgetown Market Report – Dec 2014

Georgetown Entrance Sign - Van Alstyne,TX

Georgetown Heights

Georgetown remains the most popular subdivision within the Van Alstyne ISD with 23 MLS listed homes sold last year.  One of the main reasons buyers are drawn here is the outstanding location between Highway 5 and 75.  You can drop the kids at the Van Alstyne Elementary school and after work watch baseball or play a game of tennis at Forrest Moore Park right next door.  Homes here were initially built by Lennar in the late 1990s and currently by D.R.Horton and others.

At the time of this report there are six homes listed for sale in Georgetown ranging from 1,893 to 3,216 square feet.  Prices fall in the 152K to 224K range.   Call me at 469.233.1234 to see any of these homes.  

The median price per square foot over the last 12 months has been increasing and came in at $79 psf. with a median sales price of 158K.  The last 90 days has the median price per square foot at $75.87 and a median sales price of 163.5K. Georgetown continues to be the top subdivision with quality homes selling in 47 days on average.

Note that it’s not as simple as multiplying the median psf. times your sf. to determine value but it gives you an indication of the overall Georgetown market.  An on site evaluation is always required by a Realtor or appraiser.  Your home may be above or below average in condition and amenities, have recent upgrades, square footages other than average or pricing affected by your personal situation.  As an example, in the last 90 days, homes below 2000 sf., have sold for well above the median at $85.64 psf. while those above 2000 sf. have sold below at $65.67 psf.

SEE  Georgetown Active Listings

Georgetown Median Price Per Square Foot – 12 months

Georgetown Months Supply – Absorption Rate


Data from NTREIS – deemed reliable but not guaranteed

Related Posts:

Van Alstyne’s Georgetown Heights

Van Alstyne Subdivision Search

Van Alstyne Drive Times

 

 

About Keith Laursen

I am a Fathom Realty Realtor specializing in town and country properties in the cities of Van Alstyne, Anna, Melissa, Howe, Gunter, Tom Bean, Whitewright, McKinney and Plano, TX.

My trusty horse and I will help you "spot" the best in real estate. Remember, it can't sell if it's not spotted!
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