We last updated this post on May 30th this year. Here is a link to the May post. Check it out and see how things are trending in Parks of Aledo.
Click here to see current listings in Parks of Aledo. More information about the Parks of Aledo can be found on their Facebook page, and webpage.
We pulled this data from the MLS for home sales as of 7/18/2023
Active Homes for Sale: 24
Average Price: $677,152
Average Square Feet: 3,088
Average Price per Foot: $221.42
Average Year Built: 2022
Average Days on Market: 74
Homes Under Contract: 8
Homes Sold in the Last 90 Days: 8
Average Price: $733,895
Average Square Feet: 3,409
Average Price per Foot: $216.02
Average Age of Home: 2020
Average Days on Market: 64
Homes Sold in the Last 180 Days: 22
Average Price: $696,421
Average Square Feet: 3,157
Average Price per Foot: $221.17
Average Year Built: 2020
Average Days on Market: 69
Absorption Rate: 6 months
What is it? The amount of time needed to sell the existing inventory.
1-4 Months – Seller’s Market
5-6 Month – Neutral Market
7+ Months – Buyer’s Market
If you take a look at the April post that is linked above, you can see the trend for this selling season is staying pretty consistent. Houses are not selling as quickly as last year or the year before, but those were anomalies. These days on market and general inventory numbers are more normal and average. That may be frustrating to some people, but all in all we are still an extremly healthy market that is still seeing values go up. Here is the year to date study of values going back to 2014 Parks of Aledo Annual Sales Study
