San Angelo New Home Sales Climb According to Newest Numbers
Posted on: Dec 06, 2013 07:41:40 AM
In September, closings of new homes gained year-over-year in the San Angelo, TX market, and the increase was greater than August 2013. New home closings moved from 2 a year earlier to 13 after the figure moved from 12 in August 2012 to 15 in August 2013.
A total of 139 new homes were sold during the 12 months that ended in September, up from 128 for the year that ended in August.
New home closings were 13 of the 219 total closings, up on a percentage basis from 2 of 150 a year earlier. For new and existing homes, closings climbed year-over-year in September after also increasing in August year-over-year.
Pricing and Mortgage Trends
The average price for new homes was $223,262, moving from $224,057 last year. This was on the heels of a 26.1% rise in August year-over-year.
There was a decline in average mortgage size on new homes, going from $195,265 last year to $184,793 in September 2013. Average mortgage size on new homes went from $153,802 in August 2012 to $186,907 in August 2013.