Welcome to our monthly "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was up nearly 125% from one year earlier and up 10% from the previous month This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month... was just over 130-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 17% This higher numbers of days may signal a slowdown in the local inventory-turnover rate. Meanwhile, The median sale price was just under 190-thousand dollars. Overall, The number of units sold increased 300% year-over-year and increased 300% month-over-month These figures may indicate that buyers have been taking advantage of competitive pricing and interest-rates. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Graham, TX
Area Information for Graham, TX
Population:8,969
Median Age:39.03 yr
Median Commute Time:9.13 mins
Educational Climate*:3
Recycling Likelihood**:92
Sales Tax:10%
Population Density:1,598/sq mi
Population Change Since 2000:3%
Closest Airport:Sheppard Afb/wichita Falls Municipal
Closest College:Midwestern State University
Closest Jr. College:Ranger College
Median Household Income:$40,240
Annual Residential Turnover:18.66%
Median Years in Residence:3.95 yr
Closest Major Sports Team:Texas Rangers
Change Avg. Household Income Since 2000:25%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for Graham, TX
Median Age: 39.03Married: 48%Number of Households: 3,387Households with Children: 1,235
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)