Georgetown Market Report – Jan 2015

Stay Informed on North Texas Real Estate
Georgetown Entrance Sign - www.VanAlstyneHomes.com
Georgetown Entrance Sign - www.VanAlstyneHomes.com
Entrance to Georgetown, Van Alstyne,TX

Georgetown remains the most popular subdivision within the Van Alstyne ISD with 24 MLS listed homes sold in the last 365 days.  Buyers are drawn here for 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 were initially built by Lennar in the late 1990s then Aston Woods, Mercedes and currently by D.R.Horton and other custom builders.

At the time of this report there are six homes listed for sale in Georgetown ranging from 1,893 to 3,960 square feet.  Prices fall in the 149.5K to 269K range.   Call me at 469.233.1234 to schedule a showing for any of these homes.    Click on the Georgetown Active Listings link below to see them.

The last 90 days has the median price per square foot at $85 and a median sales price of 161.5K. Georgetown continues to be a top subdivision with quality homes selling in 50 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 $86 psf. while those above 2000 sf. have sold below at $65 psf.

SEE  Georgetown Active Listings

 


Related Posts:

Van Alstyne’s Georgetown Heights

Van Alstyne Subdivision Search

Van Alstyne Drive Times

 

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