Observations about Wimberley real estate property from Wimberley residential to Wimberley land, Blanco River Properties to Wimberley view property and the best neighborhood descriptions on the internet.
I have been a Realtor/Broker in Wimberley since 1995 and here are my observations. Wimberley real estate is in a long term bull market. It’s proximity to Austin will continue to make Wimberley a desirable location. It is truly the last of the hill country towns near Austin that has not sold out to mega marts and developers which keeps it unique.. My observations about wimberley real estate. I saw a time in 2002 during the stock market crash when local prices stabilized and volume dropped off. The years in between (1995-2001) real estate values increased annually. Since 2002 we have seen nothing but increasing residential values and land values until 2008 and 2009 when another “dip” in the Wimberley bull market took place again, seven years apart. During my previous “life”, prior to becoming a real estate broker, I owned a commodity futures brokerage firm for 17 years. What I can pass on from that experience is relatively simple, but the key strategy for every winning investor I ever knew…Find the long term trend ..in the case of Wimberley real estate, going up…and buy when you see minor trends in the opposite direction …going down…2002..and again in 2008 and 2009. We saw our first decreases in values in 2008 with average home prices down 11% and volume off 25% followed by another drop in home values for 2009. I know..the news is depressing and awful…and I do not claim to be a financial guru but I believe 2010 may be a golden opportunity to buy in Wimberley. (written in January of 2010). 2010 and 2011 found residential values in Wimberley climb on average $40,000-$50,000 with volume increasing in both years and 2012 brought higher prices again with a large increas of number of units sold. The big news for 2012 was the large increase in number of homes sold..largest volume in five years. (Click on the above links to study residential and land statistics for Wimberley.) I will go out on the limb and make another statement as I did in 2010…I believe Wimberley is becoming the “in” place to be in the Texas hill country and believe over the next five years we will see much higher prices. I expect 2013 to be a big year in Wimberley real estate with price and volume of sales continuing the long term Wimberley bull market.