Hillside Terrace Amarillo March 2015 Real Estate Statistics

By
Real Estate Agent with The Pamela Madore Group 573760

The Pamela Madore Group
Keller Williams Realty
806-290-1920

Hillside Terrace Amarillo March 2015 Real Estate Statistics

Market Update for March 2015

March was very interesting in Hillside Terrace
 
As of today there are 20 active listings ranging in price from $159,900 to $256,500. The average DOM is 50 with an average list price of $105.26 a square ft. Twelve are new construction and 8 are resales.
 
Look at this. There are 22 pending--more pendings than actives. They range in price from $149,000 to $215,000. Average days on the market are 83 and average pend price per sq ft. is $105.43. Ten of those are new construction and 12 are resales.
 
Is our market shifting?
 
 
 
In March there were 12 closed ranging in price from $149,500 to $213,000. Average DOM 132. Average sq ft sold is $102.85.
 
Of these 7 were resales with an average DOM of 118 and sold at $104.43 a square ft.
 
Watch this---5 were new construction. Average DOM 153 the the AVERAGE SOLD SQ FT was $100.63. One of those was a garden home and it sold for $103 sq ft.
 
Can builders afford to continue to build if they can't get more than $100 a square ft? Will that drive resale prices up? Thinking about selling? Might be a good time to look into it.  Complete the form above.
 
Pamela Madore
The Pamela Madore Group
Pink House Team
Keller Williams Realty
3955 S. Soncy  Amarillo, TX 79119
http://iloveamarillo.com
806-290-1920

 

 

 

 
Posted by

 
 
Pamela Madore
 
Pamela Madore
The Pamela Madore Group 
Keller Williams RealtyAmarillo
3955 S. Soncy
Amarillo, TX 79119

806-290-1920 Cell
pammadore@kw.com 
http://pamelamadore.com
 
 
 
 
 
 
 
 

 

 

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Texas Randall County Amarillo
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hillside terrace homes
market statistics for hillside terrace
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