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Real Estate Sales Down in August
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Brownwood News
The number of real estate sales in August was down from August 2024, according to information released this week by the Heartland Association of Realtors.
The median price per square foot was down slightly, while the total price of houses sold was up, due to larger houses being sold this year.
Details below.
Closed Sales: 39 – down 7.1% compared to August 2024Median Price: $228, 750 – up 17.3%Median Price per Square Foot: $123.57 – down 1.0%Active Listings: 246 – up 29.5%Months of Inventory: 7.2 – up 1.8 monthsDays on Market: 67 – up 14 daysDays to Close: 32 – up 7 daysTotal Days: 99 – up 21 daysMedian Home Size Sold: 1,430 square feetMedian Year Built: 1980Closing Price/Original List Price: 91.8%Price Distribution:less than $100,000: 13.2%$100,000 – 199,999: 34.2%$200,000 – 299,999: 29.0%$300,000 – 399,999: 7.9%$400,000 – 499,999: 10.5%$500,000 and above: 5.2%