Real Estate Market Update for New Ulm, TX

Video: Real Estate Community Tour for New Ulm, TX

See Real estate community tour for New Ulm, TX
Welcome to August's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was stable from one year earlier, and up 20% from the previous month. These latest figures mean that buyers had a greater selection of homes to choose from compared to the previous month. As you can see, the median listing price for the month was just over 290-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 100%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The number of units sold decreased 100% year-over-year, and decreased 100% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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.
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Map Information for New Ulm, TX
School Data for New Ulm, TX

School Name Distance Type Grades School Rating Parent Rating
Columbus Alternative School New Ulm Campus 5.6 mi Public 5-12 0 0
Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
Local Weather for New Ulm, TX
    Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.