We last updated this post on February 1st – Here is a link to the February 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.
The Perry Group has been active in Parks. 4 closed sales, with one currently pending. The pending sale, and one of our closed sales were off-market sales. Finding homes for clients of ours to purchase.
Please let us know if you have questions, or would like to go through this data more extensively and value your home.
We pulled this data from the MLS for home sales as of 6/6/2024
Active Homes for Sale: 37
Average Price: $647,913
Average Square Feet: 2,936
Average Price per Foot: $222.91
Average Year Built: 2022
Average Days on Market: 114
Homes Under Contract: 13
Homes Sold in the Last 90 Days: 24
Average Price: $632,546
Average Square Feet: 3,012
Average Price per Foot: $211.19
Average Age of Home: 2020
Average Days on Market: 101
Homes Sold in the Last 180 Days: 33
Average Price: $634,215
Average Square Feet: 3,048
Average Price per Foot: $209.94
Average Year Built: 2020
Average Days on Market: 108
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
Here is the annual sales study going back to 2014 – Parks of Aledo Annual Sales Study. It paints a clear picture of the what the market was like pre-pandemic, during the COVID years, and now, post-pandemic. We are back to regular market cycles. Normal days and market. Regular supply and demand trends etc. Its not a bad thing. A neutral market is a win-win market. Yes, sellers did wonderful when we had a mass influx of buyers and low inventory, but that is not sustainable. That means pricing is very important, and presentation of the home is paramount
We would be happy to assist you or anyone you know with buying or selling in Parks of Aledo
