pid=1697Houston Real Estate Highlights in January:-Single-family home sales jumped 14.3 percent year-over-year, with 4,699 units sold, marking the seventh consecutive month of positive sales;-Days on Market (DOM) for single-family homes extended slightly from 66 to 68 days;-Total property sales surged 15.2 percent, with 5,800 units sold;-Total dollar volume rose 17.1 percent to about $1.6 billion;-The single-family home median price increased 4.5 percent to $234,000, reaching a January high;-The single-family home average price climbed 4.6 percent to a January high of $291,034;-Single-family homes months of inventory was at a 3.5-months supply, down fractionally from 3.6 months last January but above the national inventory level of 3.0 months;-Townhome/condominium sales jumped for a second straight month – up 20.9 percent, with the average price down 3.5 percent to $186,582 and the median price down 5.2 percent to $149,750;-Lease properties experienced a strong performance, as single-family home rentals climbed 14.5 percent with the average rent up 1.7 percent to $1,782;-Volume of townhome/condominium leases rose 5.6 percent with the average rent up 5.9 percent to $1,598.

Appreciation in Harris County has been averaging about 6% a year since 2012.  

Some need minor fix up’s when offering cash for homes under 200,000 how much on average will sellers discount their homes because it’s a cash offer. 

----Is that the average AirDNA occupancy rate? 

They just kind of use an average of the neighborhood. 

Which is why great deals go to active clients who are engaded and educated.The issue we have in Milwaukee is low inventoy and 16 days on market on average (histroric norm is 6 months) - good properties offered for a fair price will go within a day or two.

Average DOM here 65 days. 

Look for sold comps on redfin as you can filter by how long ago they sold, try to stay within six months, pick similar properties and average, if you want to be more accurate make adjustments for different features and finish levels.

What would be a good way to understand the average electricity bill, water bill etc?

The area I'm interested in rent on average for $1,500 for a 2,000 sqft property but the sale price at best is $1/sqt so its more like the 0.75% rule.