Dominion Real Estate Market Report 80111

Page 1

MARKET REPORT

| JULY 2011

Compliments of

4 Dominion Drive, Building 2 | San Antonio, TX 78257 | 210. 698.3100


MARKET REPORT |

JULY 2011

DEVELOPERSERVICES An Exclusive Division of

2011 by Developer Services of Kuper Sotheby’s International Realty. The author retains sole copy right to the contributions to this report. MMX Sotheby’s International Realty Affiliates LLC. All rights reserved. Sotheby’s International Realty Affiliates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Sotheby’s International Realty and Sotheby’s International Realty logo are registered (or unregistered0 service marks licensed to Sotheby’s International Realty Affiliate LLC.


MARKET REPORT |

JULY 2011

SINGLE FAMILY HOMES

Information contained in this report is current as of August 1, 2011


MARKET REPORT |

JULY 2011

Seller's Representatives Active in The Dominion 2011 Home Team of America

6%

Keller Williams 39%

28% Kuper Sotheby's International Realty Phyllis Browning

12%

15%

Other

Single Family Homes For Sale

Single Family Homes Total Listed

84

$73,705,686

Average Listed Average Days Price on Market $877,449

131

Information contained in this report is current as of August 1, 2011


MARKET REPORT |

JULY 2011

Single Family Homes Sold in the Dominion 2007

60

2008

53

2009

47

2010

Single Family Homes Sold in the Dominion

65

2011

* January 1 – July 31, 2011

29 0

20

40

60

80

Days on Market in the Dominion Lowest Days on Market Highest Days on Market Single Family Homes Average Days on Market 2007

3

2008

5

2009

1

2010

6

2011

1

493

135

561

145

841

156 714

199 116

440

Information contained in this report is current as of August 1, 2011


MARKET REPORT |

JULY 2011

Difference Average List Average Sold Original & Sold Price Price Price

Year

Original Price

2011

$847,025

$815,894

$764,739

$82,286

2010

$751,423

$708,142

$654,029

$97,394

2009

$735,120

$629,870

$629,870

$105,250

2008

$905,950

$853,041

$778,820

$127,130

2007

$1,031,761

$826,946

$786,730

$245,031

Price Range Sold

Units

Average Original List Average Price Sold Price

Difference Original & Sold Average Day Price on Market

$2-$5M

1

$3,495,000 $3,000,000

$495,000

292

$1-$2M

2

$1,376,333 $1,246,666

$129,667

84

$750-$1M

11

$893,627

$803,591

$90,036

153

$500-$750

7

$579,439

$550,186

$29,253

66

$250-$500

7

$436,250

$392,379

$43,871

95

Information contained in this report is current as of August 1, 2011


MARKET REPORT |

JULY 2011

Top 3 Buyer's Representatives Sold in The Dominion 2011 YTD Keller Williams

25% 44%

Kuper Sotheby's International Realty Phyllis Browning

31%

Selling Office Keller Williams

Units Sold in The Average Dominion Original Average Selling 2011 YTD Price Price 7 $1,112,857 $1,002,857

Difference Original & Sold Price $110,000

Average Day on Market 110

Kuper Sotheby's International Realty

5

$770,960

$670,300

$100,660

184

Phyllis Browning

4

$829,750

$763,250

$66,500

58

Information contained in this report is current as of August 1, 2011


MARKET REPORT |

JULY 2011

RESIDENTIAL LOTS

Information contained in this report is current as of August 1, 2011


MARKET REPORT |

JULY 2011

Active Lot Listings in The Dominion 2011 YTD Burdick Custom Homes

22%

50%

Keller Williams

11%

Kuper Sotheby's International Realty Phyllis Browning

11%

Other

6%

Residential Average Average Residential Lots Lots Total Listed Days on For Sale Listed Price Market 29 $6,182,200 $213,179 487

Information contained in this report is current as of August 1, 2011


MARKET REPORT |

JULY 2011

Lots Sold in the Dominion Lots Sold in the Dominion 2007

11

2008

8

2009

2

2010

12

2011

6

Days on Market in the Dominion Lowest Days on Market Highest Days on Market Lots Average Days on Market in the Dominion 2007 2008

4

2011

689

295 130 167 149

2009 2010

148

55 35

28

1263

353 66 556

1614

Information contained in this report is current as of August 1, 2011


MARKET REPORT |

JULY 2011

The Dominion Difference Average List Average Sold Original & Sold Price Price Price

Year

Lots Average Original Price in the Dominion

2011

$222,167

$201,333

$176,667

$45,500

2010

$181,531

$169,575

$156,450

$25,081

2009

$247,500

$170,000

$160,000

$87,500

2008

$250,125

$271,313

$237,500

$12,625

2007

$222,182

$219,909

$200,364

$21,818

Lots Price Range Sold $1-$2M $750-$1M

2011 YTD Units -

Average Original List Price -

Difference Average Original & Sold Average Day Sold Price Price on Market -

$500-$750

-

-

-

-

-

$250-$500

2

$347,000

$262,500

$84,500

73

$100-$250 $0-$100

4 -

$153,500 -

$133,750 -

$19,750 -

798 -

Information contained in this report is current as of August 1, 2011


MARKET REPORT |

JULY 2011

The Dominion

Selling Office

Units Sold in The Dominion 2011 YTD

Average Original Price

Kuper Sothyeby's International Realty Phyllis Browning

2 2

$272,000 $175,000

Difference Average Selling Original & Price Sold Price

$217,500 $150,000

$54,500 $25,000

Average Day on Market

206 447

Information contained in this report is current as of August 1, 2011


MARKET REPORT |

JULY 2011

COMPARISION REPORT SELECT COMMUNITIES

Information contained in this report is current as of August 1, 2011


MARKET REPORT |

JULY 2011

Seller's Representatives Active in Cordillera Ranch 2011 YTD Cordillera Ranch Development

18%

31%

Keller Williams Kuper Sotheby's International Realty Phyllis Browning

32% 16%

Other

3%

Single Family Single Family Homes Total Average Average Days Homes For Sale Listed Listed Price on Market 38

$43,990,997 $1,157,658

259

Information contained in this report is current as of August 1, 2011


MARKET REPORT |

JULY 2011

Seller's Representatives Active in Anaqua Springs 2011 YTD Burdick Custom Homes 18%

18% Keller Williams

18%

Phyllis Browning

28%

Other

18%

Subdivision Anaqua Springs

Kuper Sotheby's International Realty

Single Single Family Family Homes Homes Total Average For Sale Listed Listed Price 11 $16,002,900 $1,454,809

Average Days on Market 97

Information contained in this report is current as of August 1, 2011


MARKET REPORT |

JULY 2011

Seller's Represenatives Active in Stonewall 2011 YTD Century 21 10% Coldwell Banker 13% Keller Williams 54% 20%

Kuper Sotheby's InternationalRealty Other

3%

Subdivision Stonewall

Single Family Single Family Homes For Homes Total Average Sale Listed Listed Price 30 $10,649,099 $362,242

Average Days on Market 30

Information contained in this report is current as of August 1, 2011


MARKET REPORT |

JULY 2011

Single Family Homes Sold in Stonewall Single Family Homes Sold in Stonewall

2007

65

2008

41

2009

44

2010

61

2011

30

Days on Market in Stonewall Lowest Days on Market Highest Days on Market Single Family Homes Average Days on Market 2007

1

2008

2

2009

3

2010

6

2011

7

182

59 103

280 519

115 92 93

293

399

Information contained in this report is current as of August 1, 2011


MARKET REPORT |

JULY 2011

Buyer's Representatives Sold in Stonewall 2011 YTD Coldwell Banker

Keller Williams

Kuper Sotheby's International Realty

Other

20% 43%

27% 10%

2011

Selling Office Coldwell Banker Keller Williams Kuper Sotheby's International Realty Other

Units Sold in Difference Stonewall 2011 Average Average Selling Original & Sold YTD Original Price Price Price 6 $382,365 $344,917 $37,448 8 $344,588 $329,081 $15,507

3 13

$418,300

$396,197

$22,103

Average Day on Market 119 57

94

Information contained in this report is current as of August 1, 2011


MARKET REPORT |

JULY 2011

STONEWALL

Difference Average Sold Original & Sold Average List Price Price Price Sold Per Sq. Ft.

Year

Original Price

2011

$367,895

$357,411

$344,159

$23,736

$105

2010

$382,026

$376,382

$357,359

$24,667

$105

2009

$358,835

$345,821

$324,844

$33,991

$100

2008

$368,191

$351,762

$338,692

$29,499

$109

2007

$375,236

$370,048

$356,953

$18,283

$110

Difference Average Sold Original & Sold Average Day on Price Price Market

Price Range Sold

2011 Units

Average Original List Price

Sold Per Sq. Ft.

$2-$5M

-

-

-

-

-

-

$1-$2M

-

-

-

-

-

-

$750-$1M

-

-

-

-

-

-

$500-$750

2

$554,000

$525,000

$29,000

35

$125

$250-$500

23

$375,311

$352,447

$22,864

85

$106

$100-$250

5

$259,340

$233,700

$25,640

151

$94

$0-$100

-

-

-

-

-

-

Information contained in this report is current as of August 1, 2011


http://www.facebook.com/pages/ Living-the-Dominion-Country-Club-Lifestyle

About Developer Services

Call for a Private Consultation Dudley Hays, Director of Developer Services 210.822.6880 dudley.hays@sothebysrealty.com


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