June Market Bites: Aledo ISD

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Market-Bites-Aledo-ISD-June-2016-Amber-Wills-Aledo-Realtor

The Aledo Real Estate Market in June 2016

I compiled data of the real estate market for Aledo ISD in June 2016. The average sales price continues to rise from last year by 17%. The average price per square foot increased by $9.14 which is an 8% increase in a year.

[pullquote align=”full” cite=”” link=”” color=”” class=”” size=””]JUNE 2016 ALEDO ISD REAL ESTATE STATISTICS
New Listings: 81 (Up +13% from last year)
Sold Listings: 57 (Up +8% from last year)
Average Sales Price: $387,255 (Up +17% from last year)
Days on the Market: 89 (Up +12% from last year)
Percentage of List Price: 98.9% (Up +0.6% from last year)[/pullquote]

The average days on the market is 89. There were several homes that were under construction while on the market so that contributed to a higher count of days. About 30% of the homes sold this month did so in less than 20 days. Inventory is still moving quickly, but those homes that have been on the market for longer closed and bumped the average up significantly.

[pullquote align=”full” cite=”” link=”” color=”” class=”” size=””]FUN MARKET BITES
Most expensive home sold: $830,000
Highest price per square foot: $196.59
Largest home: 5,800 square feet
Fastest selling home: 0 days on the market – less than 24 hours
Most active neighborhoods: Aledo Estates, Deer Creek, McDavid Springs, Parks of Aledo, Villages of Aledo, Willow Park Village (tie with 3 homes each)[/pullquote]

As always, if you have any specific questions about the market or you are interested in buying or selling real estate in Aledo ISD, Weatherford, or Parker County; let me know. I would love to make your real estate goals a reality!

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