New Weakening in Contracts for Lake Brownwood Real Estate Market

Sales rose in the Lake Brownwood market to four homes sold over the last 30 days. But the market is also under a budding downward trend in the number of contracts closing, with this week's number falling to two. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Prices are falling in Lake Brownwood, and this period the median price of all sales fell from $79,900 to $74,950. Lake Brownwood is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 10 months of remaining inventory.

Trying to find a home in Lake Brownwood that offers sufficient space for your needs? Then check out these listings that have the largest living areas in the market:

$795K   $315K   $345K  

Get started right now by checking out Lake Brownwood homes for sale or reviewing Lake Brownwood real estate trends.

Demographic facts about Lake Brownwood:

  • The average elevation in this area is 1,485 feet.
  • The median income is $32,846 per household.
  • For every counselor there are 341 students in this area. (513 = national average)

Data reported through 10/12/2016

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