February Market Bites: Parker County Texas

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The Parker County Texas Real Estate Market in February 2016

I compiled data of the real estate market for Parker County in February 2016. The number of homes sold and the average sold price continue to increase from last year, 26% and 23% respectively. The average price per square foot has risen $15.90 from $92.78 in 2015 to $108.68 in 2016.

[pullquote align=”full” cite=”” link=”” color=”” class=”” size=””]FEBRUARY 2016 PARKER COUNTY REAL ESTATE STATISTICS
New Listings: 258 (Up +33% from last year)
Sold Listings: 153 (Up +26% from last year)
Average Sales Price: $265,124 (Up +23% from last year)
Days on the Market: 81 (Up +9% from last year)
Percentage of List Price: 96.8% (Same as last year)[/pullquote]

Although there was a 9% increase in days on the market, the median days on the market was 64 compared to median of 60 days last year. Homes are still selling quickly.

[pullquote align=”full” cite=”” link=”” color=”” class=”” size=””]FUN MARKET BITES
Most expensive home sold: $1,452,255
Highest price per square foot: $600.60
Largest home: 5,474 square feet
Fastest selling home: 0 days on the market – 3 homes sold in less than 24 hours[/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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