Fredericksburg TX Real Estate Market Report
Showing average land, ranch and home prices in Fredericksburg and Gillespie County TX.
Home Sales Land Sales Tax Receipts Population Projection
2024 Year End Real Estate Market Report
Fredericksburg TX and Gillespie County
Total Real Estate Sales listed by year for Fredericksburg TX & all of Gillespie County TX
| 1st Quarter | 2nd Quarter | 3rd Quarter | 4th Quarter | Year End | |
| 2007 | $20,550,052 | $41,849,699 | $26,903,207 | $22,276,901 | $111,579,859 |
| 82 sold | 130 sold | 95 sold | 99 sold | 406 sold / DOM 289 | |
| 2008 | $21,698,619 | $34,673,597 | $24,301,789 | $18,742,435 | $99,416,440 |
| 85 sold | 127 sold | 80 sold | 46 old | 338 sold / DOM 278 | |
| 2009 | $10,335,475 | $17,860,263 | $21,937,743 | $19,929,626 | $70,063,707 |
| 39 sold | 78 sold | 82 sold | 68 sold | 267 sold / DOM 264 | |
| 2010 | $17,808,681 | $22,084,624 | $15,911,120 | $20,136,867 | $75,941,292 |
| 58 sold | 84 sold | 67 sold | 77 sold | 286 sold / DOM 266 | |
| 2011 | $19,726,581 | $25,781,256 | $20,332,439 | $18,093,853 | $84,131,129 |
| 55 sold | 87 sold | 86 sold | 70 sold | 302 sold / DOM 317 | |
| 2012 | $14,784,797 | $29,544,048 | $26,582,655 | $27,347,027 | $98,656,327 |
| 62 sold | 99 sold | 88 sold | 92 sold | 341 sold / DOM 315 | |
| 2013 | $14,281,980 | $46,184,125 | $39,155,282 | $32,444,465 | $137,742,485 |
| 51 sold | 150 sold | 127 sold | 124 sold | 476 sold / 337 DOM | |
| 2014 | $24,658,162 | $43,695,769 | $34,181,526 | $40,634,788 | $143,170,245 |
| 98 sold | 137 sold | 136 sold | 126 sold | 497 sold / DOM 274 | |
| 2015 | $44,491,598 | $54,408,196 | $41,815,840 | $47,597,329 | $189,120,688 |
| 114 sold | 155 sold | 140 sold | 123 sold | 532 sold / DOM 351 | |
| 2016 | $39,892,227 | $61,782,874 | $57,999,814.00 | $52,636,018 | $216,809,591 |
| 113 sold | 139 Sold | 151 Sold | 102 | 524 sold / DOM 275 | |
| 2017 | $57,839,331.00 | $88,746,683.00 | $62,696,709 | $49,775,141 | $259,417,864 |
| 143 Sold | 179 Sold | 146 Sold | 114 Sold | 582 Sold / DOM 252 | |
| 2018 | $51,356,335 | $72,937,701 | $65,060,884.00 | $41,704,423.00 | $231,059.343 |
| 122 sold | 175 sold | 149 Sold | 116 sold | 253 dom / 568 units | |
| 2019 | $57,083,656.00 | $73,202,488 | $76,783,684 | $49,039,814 | $256,109,642 |
| 120 Sold | 173 sold | 157 sold | 126 Units | 206 DOM/ 576 units | |
| 2020 | $66,105,904.00 | $62,500,491 | $135,912,212 | $146,847,269 | $411,365,865 |
| 160 sold | 129 Sold | 237 sold | 270 Sold | 329 DOM / 796 Units | |
| 2021 | $122,250,180 | $131,965,658 | $152,353,603 | $134,444,930 | $541,014,371 |
| 234 Sold | 248 Sold | 237 Sold | 170 units | 196 dom / 919 Units | |
| 2022 | $121,072,423 | $157,971,692 | $94,880,124 | $72,834,495 | $445,322,828 |
| 180 Sold | 180 Sold | 117 Sold | 110 Sold | 125 dom/ 592 Units | |
| 2023 | $65,337,828 | $115,462.101 | $96,704,808 | $64,709,173 | $342,213,910 |
| 90 units | 152 units | 121 units | 88 units | 162 dom / 451 Units | |
| 2024 | $61,829,574 | $102,100,520 | $84,877,940 | $90,387,331 | $337,692,865 |
| 104 Units | 112 Units | 117 Units | 107 units | 166 dom /437 units |
Fredericksburg TX Real Estate Market Report
I had to sum up the real estate market for 2024 the word I would use is Dull, It had a few highs and a few lows, but nothing terribly shocking good or bad. So as always, let’s just get straight into the raw data by taking a look at the total real estate sold in Gillespie County for all of 2024.
For 2024 we sold $337,692,865 worth of real estate in all of Gillespie County compared to 2023 when we sold $342,213,910 which makes the total dollar volume down a modest 3.1% with the total number of individual properties sold in Gillespie County showing a similar decrease with 437 individual transactions happening in 2024 and 451 individual transactions happening in 2023. So that’s down 6.9%. So nothing shocking when we’re looking at this year compared to last year.
I do believe this year will be a much better market in the volume of sales transactions than the previous year and for better or worse, we will see appreciation rates start to climb again. There is a ton of factors Im on basing this on such as interest-rate, stabilizing, and looking like they may come down a bit, Inflation has slowed and an administration looking for energy independence, which is always good for the Texas economy. So if you’re buyer who’s been sitting on the fence, I think I would advise you to get busy and find yourself a property in the next 3 to 5 months while inventory is still a little high because after that, I think it’s going to start turning back towards a sellers market by the end of 2025. of course my Crystal ball it’s not always accurate, but I’m feeling pretty good going into the new year
The Fredericksburg TX and Gillespie County TX Real Estate Market Report also includes data and economic indicators such as sales tax receipts for the City and County as well as Lodging Receipts. Based on information from the Central Hill Country Board of REALTORS® MLS for the period 2007 through dates indicated on charts.
Please feel free to contact me with any questions and I will be happy to help. Email me at mike@mikestarks.com or call with any questions.
Office (830) 990-8708
Cell (830) 456-3532
Real Estate in Fredericksburg Texas – Homes, Acreage, Land, Commercial property and Ranches for sale. Search MLS listings here for Fredericksburg, Doss, Harper, Stonewall and all of Gillespie County. Mike Starks with RE/MAX Town & Country.
