July real estate sales for Waco and Mclennan County
By Ann Cordes, Home Ownership is Not a Distant Dream
(Century 21 Randall Morris and Associates, Waco)
Home sales in Waco and McLennan county were down in July from the same month last year. Our inventory (number of homes for sale) is up. But the number of pending home sale (under contract, waiting to close) is up from last year. And the average sales price is up. In July there were 174 the average list price was $140,752 and the average sold price was $135,186. The average time on the market is 133 day (4 1/2 months). Currently there are 1538 active listings and 240 pending sales. At the end of July 2009 there were 197 pending and 215 homes sold for the month. They had an average list price of $118,467 and an average sold price of $113,178. The average days on the market was 138. Here is a breakdown of July sales by price: 0-$50,000 = 26 sold $50-$75,000 = 13 $75- $100,000 = 35 $100- $1...