We last updated this post over a year ago in June of 2024. Here is a link to the that 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 4/25/25
Active Homes for Sale: 48
Average Price: $678,622
Average Square Feet: 2,994
Average Price per Foot: $228.29
Average Year Built: 2022
Average Days on Market: 74
Homes Under Contract: 12
Homes Sold in the Last 90 Days: 13
Average Price: $554,525
Average Square Feet: 2,810
Average Price per Foot: $201.72
Average Age of Home: 2024
Average Days on Market: 115
Homes Sold in the Last 180 Days: 36
Average Price: $616,845
Average Square Feet: 2,872
Average Price per Foot: $216.53
Average Year Built: 2022
Average Days on Market: 98
Absorption Rate: 8 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
We have a healthy amount of inventory and pricing correctly is everything in this market. The absorption rate being high means that supply is outweighing demand. The seller’s will need to give a lot more than they have in the recent past to get a deal done.
Here is the annual sales study going back to 2014 – Parks of Aledo Annual Sales Study. This shows the complete sales data year to date. It paints the picture and I would love to discuss it with anyone who is interested. Pricing is being corrected and things are leveling off. There is a healthy amount of inventory and
