Holly Real Estate Market Sees Sales Increase

The Holly market picked up this week with two homes sold over the last 30 days. To put it in perspective, the close-by Downtown neighborhood registered 16 homes sold in those same 30 days, the most of all surrounding neighborhoods. The median sales price dropped dramatically to $538,500 over the latest reporting period for Holly, down from $680,000. Holly is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 11 months of remaining inventory.

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Demographic facts for Holly:

  • The median age of all homes is 59.
  • The area gets an average of 1.0 inches of snow each year. (U.S. average: 25)
  • The rating for job market growth is 74. (Scale: 1 = Worst, 100 = Best)
  • The average expenditures for each student in the area is $4,713. ($5,691 = national average)

Data reported through 10/12/2016

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Private Label Realty
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SEED Property Group - Distinctive Austin Real Estate
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