Feb 23, 2017
Setting real estate records, thanks to millennials and retirees
AMARILLO – Amarillo has joined the rest of Texas in setting real estate records in 2016.The number of home sales and the average price of homes increased by more than...
AMARILLO – Amarillo has joined the rest of Texas in setting real estate records in 2016.
The number of home sales and the average price of homes increased by more than 2 percent from 2015.
In total, 2,980 homes were sold in Amarillo, at an average sale price of $178,194.
Amarillo market research shows the area is less volatile, making buying and selling homes easier.
"We continually have an increase, not a boom or bust mentality, but we continue to go forward and set new records," said Real Estate Broker with Berkshire Hathaway, Greg Glenn.
"We see a lot of activity in the under 35 market and in the 65 and up," said Glenn. "Not that it has stopped in the middle, but those tend to be the two fastest."
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