Memorial Villages 2018 Review

This year we were impacted by the inventory of lots…including homes that flooded from Hurricane Harvey. The volume and number of sales are strong, however prices were down 5% for resales, 8 % for recent construction, 11% for half acre lots, all versus the approximately same time last year. These numbers are as of 11/16/2018…it’s supply and demand…happily we still have strong demand.

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