“So, how’s the market in Waco?” is a question I am frequently asked. It is slowly, gradually improving. In May 2012 there were 194 homes sold with an average list price of $151,623 and an average sold price of $145,816 and an average of 150 days on the market. Sales price can be a little deceiving because it may include seller concessions such as paying for buyers closing costs, paying for a home warranty, or repairs to the home.
Here is a breakdown of may sales by price range:
0-$50,000 = 13
$50,000- $100,000 = 54
$100,000 - $150,000 = 51
$150,000 - $200,000 = 44
$200,000 - $250,000 = 17
$250,000 - $300,000 = 10
$300,000 - $400,000 = 6
$400,000 and up = 3
As of June 5th, there were 437 sales pending.
In May 2011 there were 206 homes sold with an average list price of $132,462 and an average sold price of $126,168 and an average 153 days on the market..
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