The Aledo Real Estate Market in November 2016
I compiled data of the real estate market for Aledo ISD in November 2016. There was a 36% increase in sold homes than last year with the average sales price increasing (6%) and days on the market decreasing by nearly 20%!
[pullquote align=”full” cite=”” link=”” color=”” class=”” size=””]NOVEMBER 2016 ALEDO ISD REAL ESTATE STATISTICS
New Listings: 56 (Up +37% from last year)
Sold Listings: 34 (Up +36% from last year)
Average Sales Price: $372,343 (Up +6% from last year)
Days on the Market: 55 (Down -19% from last year)
Percentage of List Price: 97.8% (Up +0.6% from last year)[/pullquote]
There was a significant decrease in the number of days on the market compared to 2015. Exactly 50% of homes sold this month did so in 30 days or less. The median days on the market is 28 days, so homes are still selling quickly as winter starts! Heading into the holidays and the Aledo Market continues to experience growth!
Twenty-nine percent of homes sold are in the $201,000 to $300,000 price range.
Here’s a breakdown by sales price for the 34 sold homes in the month of September
as seen in the above pie chart:
6 homes sold for $100-200,000
10 homes sold for $201-300,000
6 homes sold for $301-400,000
6 homes sold for $401-500,000
4 homes sold for $500-700,000
2 homes sold for $701,000+
[pullquote align=”full” cite=”” link=”” color=”” class=”” size=””]FUN MARKET BITES
Most expensive home sold: $925,000
Highest price per square foot: $180.07
Largest home: 5,137 square feet
Fastest selling home: 0 days on the market – 1 home sold that fast
Most active neighborhoods: Brookhollow, Covered Bridge Canyon, Hills of Aledo, Rolling Hills, and Stone Creek Farms (tie with 2 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!
