October 2021 Amarillo Real Estate Market Report

Page 1

NEWS LETTER October 2021 Market Update

OCTOBER 2021 FEATURED LISTINGS

My husband and I recently became empty nesters. Our last offspring, Jacob, moved out of our house a couple of weeks ago. So,

$650,000

$1,215,000

we had the discussion of whether or not we needed a house that used to accommodate 5 people. We have lots of fun memories in our home, and we have worked hard to maintain and improve it. On the other hand, utilities, property taxes, and maintenance would be less in a smaller home. It is a move many of you are contemplating. There are many factors involved in deciding. Some factors involve the heart and other factors

15801 IH 27

3610 S. Georgia St.

5RFN 5DQFK DFUHV shops, mobile home.Will divide.

&RPPHUFLDO RɝFH EXLOGLQJ 6,220 SF. Fully Leased

$399,000

$139,500

are more logical involving the head. I can help you with the logical parts such as the housing market numbers, cost of moving,

REDUCED

and the timing of the sale & purchase. The heart part is up to you.

505 Browning St.

2410 Teckla

If you are thinking about downsizing, or are

3 Bed |2 Bath |2 Car Garage. 31,136 SF. Fairgrounds area.

5 Bed | 4 Bath | 3 Car Garage. 4,306 SF. Pool. REDUCED!

ready for a change, give me a call. I can help you analyze if a move is right for you! Blessings,

$430,000

$425,000

Carrie UNDER CONTRACT 14250 Maple Fields

4605 Aberdeen

3 Bed | 2 Bath | 2 Car Garage. 6I 3OXV RɝFH

4 Bed | 4 Bath | 3 Car Garage. 3,030 SF.

Carrie Ives, Cell: 806.282.4440

If you are already working with a Real Estate Agent, this is not intended to solicit business from you.

Email: carrie.ives@remax.net Web: www.remax-pro-tx.com


10/2/21, 4:56 PM

Market Summary Report | flexmls Web

Market Summary

Amarillo Residential, September 2021 Number of Listings

600

Listings Prices

$300K $250K

500

$200K

400

$150K

300

$100K

200

$50K

21

21

21 S-

21

1

A-

J-2

1 J-2

M21

21

Active Median List Price

S-

1 J-2

A-

1 J-2

M21

21 A-

M21

1

1

F-2

J-2

D20

N20

O20

0

A-

1

M21

1

F-2

J-2

N20

O20

D20

$0

100

New Median List Price Active Listings

New Listings

Sold Listings

Sold Median Sale Price

Absorption Rate, in Months

2.4 Mo.

Sold to List Ratio

100%

2.2 Mo.

99%

2 Mo.

98%

1.8 Mo. 97%

1.6 Mo.

96%

1.4 Mo.

Absorption Rate

21 S-

21 A-

J-2

1

1 J-2

21 M-

21 A-

21

1

M-

F-2

1

Sale to Original List Price Ratio

Days on Market

100

J-2

20 D-

N-

20

20 O-

21 S-

21 A-

1 J-2

1 J-2

21 M-

21 A-

21 M-

1 F-2

1 J-2

D-

20 N-

O-

20

95%

20

1.2 Mo.

Price Volume

$200M

90

$150M

80

$100M

70

$50M

60 21 S-

21 A-

J-2 1

J-2 1

M21

21 A-

21 M-

1 F-2

J-2 1

20 D-

20 N-

21 S-

21 A-

1 J-2

J-2 1

M21

21 A-

21 M-

1 F-2

J-2 1

D20

20 N-

20 O-

O-

20

$0 50

Active List Volume Average CDOM

https://amt.flexmls.com/cgi-bin/mainmenu-compress.cgi?cmd=srv stats/market/index.html&732

New List Volume

Sold Sale Volume

1/2



COMMERCIAL M Y M A R PROPERTIES K E T R E P OUPDATE RT 1 / 1Quarter / 2 1 - 9 / 3 -0 /2019 21 4th My Market Report for 1/1/2021 - 9/30/2021 10/2/21, 5:18 PM

My Market | flexmls Web

Search parameters: Property type Residential; Status of 'Active', 'Closed', 'Pending','Pending - Contingent'; City of 'Amarillo', 'Bushland', 'Canyon'. Active, Sold and New Listings; and Inventory

for Amarillo Association of REALTORS on 10/2/2021 at 5:18 PM

904

234

1

100

Active Listings

New Listings

Sold Listings

S-

A-

J-2

M-

A-

F-2

J-2

M-

Months of Inventory

21

1.5

21

368

J-2 1

2

1

502

21

2.5

21

636

21

3

1

770

1

3.5

# of Listings (lines)

Inventory at Rate of Sales (columns)

4


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