T
he Comal County real estate market is experiencing a surge in growth, with active listings increasing by nearly 20% compared to last May. According to the Four River Association of Realtors, this growth is driven by motivated homebuyers who are looking for turnkey properties at the right price. Melissa Walls from the association notes that buyers are eager to make a move when they find the perfect house at a fair price.
Comal County's market dynamics differ from neighboring Hays County, where properties linger on the market despite an increase in listings. Walls attributes this difference to sellers being more willing to negotiate and buyers recognizing their options due to higher interest rates. As a result, buyers are taking advantage of the current market conditions to find good deals.
Looking ahead, Walls predicts that the market could become even more favorable for both buyers and sellers by year's end if interest rates drop. This would lead to increased demand and pricing. To navigate this market, Walls advises potential buyers to get pre-qualified and work with local realtors, while sellers should focus on aggressive pricing and marketing strategies.
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