Sep 17, 2012
Abilene home sales up; average sales price reaches record
ABILENE - Home sales prices in the city were up in August compared with a year ago, and the average sale price was the highest it has been the last...
ABILENE – Home sales prices in the city were up in August compared with a year ago, and the average sale price was the highest it has been the last two years at $149,755, according to the Abilene Association of Realtors.
Average prices have hovered between $140,000 and $144,000 for several months. The average was $124,163 in August 2011.
The median price also went up to $143,700, which is $31,950 higher from last year. The average time a home is on the market is 76 days.
In August, Abilene real estate agents sold 178 homes, 18 more than the same time last month. Total sales were listed at $26,656,404, compared with $19,866,036 in August 2011.
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