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Liberty Hill Houses for Sale
As of Friday, August 19, 2011 there are 73 Liberty Hill houses for sale. These Liberty Hill homes have been active on the real estate market an average of 108 days with an average list price of $272,032 or $110.88 per square foot. Using the price per square foot is one of the easiest ways to establish the value of a Liberty Hill house. However, in doing that you want to try and establish the average price per square foot for homes similar to yours that are located in the same or a similar Liberty Hill subdivision. Currently listed Liberty Hill houses for sale average 2,400 square feet in size. The smaller the home generally the higher the price per square foot for homes in similar condition. This does not always hold true, especially when you get into the luxury home market with many custom features or high end amenities. The prices for homes currently active on the market range from a low of $54,000 to a high of $1,500,000 . Prices range from $50.38 to a high of $359.20 per square foot. The median price per square foot for Liberty Hill houses for sale is $107.19 Liberty Hill homes have been active on the market anywhere from 0 to 434 days. However, the best guide to Liberty Hill home values is from actual home sales data.
Liberty Hill Home Sales and Trends
Liberty Hill home sales information is compared to the same month in the prior year to assist in determining price trends. The comparison is made with the same month in the prior year due to fluctuations based on the time of year. Sales generally rise and fall in the same periods or months each year, so one of the best comparisons for sales trends is to look at the same month in the prior year. The number of Liberty Hill house sold in July showed a significant increase from July of last year. The average sales price per square foot saw a significant decrease, and the average list price per square foot displayed a significant decrease. Additionally, the average number of days for Liberty Hill homes to be active on the market showed a significant decrease.
Specifically, sales of single family Liberty Hill homes saw a significant increase of 10.00% from 10 to 11 homes sold from July of last year to July of this year. The average sales price showed a noticeable increase of 7.18% from $235,058 to $251,926 . The average sales price per square foot for Liberty Hill displayed a significant decrease of 19.78% to $80.71 . The average sales price was 91.75% of the original listing price, a moderate decrease from the same month in the prior year. This percentage is indicative of how much the price was lowered in order to make the sale. The original list price was the first price the homeowner advertised, but not necessarily the advertised price at the time of the sale. However, the average number of days for Liberty Hill homes to be active on the went from 89 to 53 for a significant decrease of 40.45%. As the number of days a home is on the market decreases it is indicative of the market heating up, and houses moving more quickly. If you would like assistance in locating a home or determining the value of a home please contact Kelley Menefee at 512-736-0822 or request a free no obligation Market Analysis. Condos, townhomes, and mobile homes were not included in these statistics.