In January of 2012, there were 42 listings sold in Walker County. That’s a 68 percent increase over home sales for January 2011, when just 25 homes were sold. February through May also showed increases in home sales, although not all were as dramatic as January’s increase.
June saw a slight slump in the number of listings sold in Walker County, but a dramatic increase in the price of homes sold. There were 31 homes sold, with a median sale price of $225,000, an increase of 104.5 percent over the price of homes sold last year.
Overall, Walker County has seen an approximately 10 percent increase in the number of homes sold so far this year and an increase of roughly 17 percent in median sales prices, according to the Multiple Listing Service. The current inventory of homes on the market dropped from 860 last year to approximately 792. That drop in inventory is despite an increase in new listings.
The number of new listings in the market could also be considered indicative of increasing consumer confidence in the housing market. June saw 104 new housing listings, a 79.3 percent increase over last year’s numbers.
James Ann Martin, of All Four Real Estate, said that some of the reasons she believes the market has improved in Walker County is that local realtors from different agencies are willing to work together and come up with new solutions to network, sell homes and find what their customers want.
“We’re always looking for creative ways to better serve our clients,” Martin said.
One example of that was a recent Open House/Progressive Lunch. Realtors from All Four, White Pepper Real Estate, Byars Realty, Simmons Realty and Lawson Real Estate all came together for a series of open houses, all held in one day.
Each stop on the tour provided a portion of the day’s lunch. The first house served cold drinks, the second location served appetizers, the third offered a main course, the fourth served another cold drink and the last featured a Make Your Own Sundae Bar.
“It was a blast,” Steve Ryan, from All Four said. “It was a wonderful thing to bring the agents together and give them a chance to talk about the properties they have and what their customers are looking for.”