The number of homes sold in Waco and McLennan County in November was down from the same month last year, but the sales prices were up. In 2009, there were 162 homes sold with an average list price of $124,638 and an average sales price of $118,672 with an average of 136 days on the market. Other than residential there were17 properties sold ( commercial, farm & ranch, land and multi-family).
In November 2010, there were145 homes sold in Waco and McLennan County , with an average list price of $149,967 and an average sales price of $142,763 and 152 days on the market. That is a 20% increase when most parts of the country are seeing as much as a 50% drop. There were 22 “other” properties sold.
Here is a breakdown of prices:
0-$50,000 = 15
$50-$100,000 = 33
$100-$150,000 = 49
$150-$200,000 = 25
$200-$250,000 = 13
$250-$300,000 = 6
$300-$400,000 = 4
$400,000 and up = 2