Saturday, November 11, 2006

Housing Report for San Angelo

When comparing areas across the State of Texas, San Angelo stands 22 of the 25 metro areas in terms of percentage growth in new housing structures. The metropolitan statistical area (msa) ranks 317 of 361, comparing the percentage change in residential real estate in other US MSAs.

There seems to be a large amount affordable residential real estate in San Angelo, Texas. In 2005, 78.7 percent of residential real estate was valued under $125,000.

San Angelo had an owner-occupied dwelling median in 2005 of $80,300, accounted by the American Community Survey. This value is less than the Texas 2005 median owner-occupied dwelling value of $106,000 and less than median home value of $167,500 for the United States in the same year.

In San Angelo, there were a total of 46,103 homes in the year 2005. This MSA has gone through a medium level of growth in the number housing units, adding a total of 891 homes since 2001, or 2 percent.

The residential home values in San Angelo, Texas have seen large increases since their reported values in 2000. The values have increased by $16,700, or 26.3 percent, from 2000 when they had reported median values of $63,600.

San Angelo can be understood as having a small, but present proportion of residential real estate that is high priced. During the year 2005, the American Community Survey reports that 0.5 percent of owner-occupied dwellings were valued over a half a million dollars.

Data Source: U.S. Census Bureau

0 Comments:

Post a Comment

<< Home

 

About - © 2007 Ecanned.com  - Contact