Amarillo 2014 housing market review
AMARILLO – Two local real estate firms — Coldwell Banker First Equity Realtors and Berkshire Hathaway HomeServices (formerly Prudential Ada, REALTORS) — have provided analysis of the Amarillo-area Multiple Listing Service statistics for 2014.
“The beginning of last year didn’t start as fast as it ended. Home prices, supply and demand were all relatively the same. But the marketplace seemed a little faster, homes sold a little quicker. We had a pretty consistent low interest rate all through the year,” said BHHS broker Greg Glenn.
The market performed well in 2014 and should in 2015, Coldwell Banker First Equity Realtors broker Randy Jeffers said.
Below is a summary of the firms’ reported statistics for the year. Their results vary according to the date the information was obtained and the neighborhoods and types of housing included.
Category | Coldwell Banker | Berkshire Hathaway | ||
2014 | Chg. 2013 | 2014 | Chg. 2013 | |
Single-family sales | 3,116 | 2.4% | 3,136 | 1.8% |
Average sale price | $166,495 | 4.1% | $165,904 | 4.5% |
Median sale price | $142,000 | 2.2% | $141,625 | 2.4% |
Active listings | 1,088 | -2% | 1,191 | -4.6% |
Read more at the Amarillo Globe-News.
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