We occasionally update some sales and active market data for the Parks of Aledo. More information about Parks of Aledo can be found on their Facebook page, and webpage.

We also have some more insights and post on our Parks of Aledo Blog Page. Posts about market values, HOA information, new phases, open houses etc. 

I did this same post on June 19th of this year. Check it out and see how things are trending in Parks of Aledo

Active Listings: 
Number of Homes 15
Average Price $475,876
Average Square Feet 3,344
Average Price Per Foot $142.90
Average Days on Market 109
  
Pending Contract: 
Number of Homes 1
  
Sold in Last 90 Days: 
Number of Homes 14
Average Price $459,964
Average Square Feet 3,262
Average Price Per Foot $140.58
Average Days on Market 108
  
Sold in Last 180 days: 
Number of Homes21
Average Price$472,290
Average Square Feet3,314
Average Price Per Foot$138.84
Average Days on Market121
  
Absorption Rate:4.28 months
What is it?Amount of time needed to sell the existing inventory.
1-4 months of inventorySeller’s Market
5-6 months of inventoryNeutral Market
7+ months of inventoryBuyer’s Market

The absorption rate looks good for a seller BUT BEWARE. The Aledo market is not as active in the Fall and Winter. Prime season is Spring and early Summer which is why you see more homes on the market at those times. There is only one home under contract right now. . . And it is a contingency on the sale of the buyer’s home. That tells me, that regardless of absorption rate – THIS IS A GREAT TIME TO BUY IN ALEDO! 

Call us if you are curious about the neighborhood or would like to see some homes. 

This content is not the product of the National Association of REALTORS®, and may not reflect NAR's viewpoint or position on these topics and NAR does not verify the accuracy of the content.