2023 Year-End Palestine TX Real Estate Market Recap
2023 Year-End Palestine TX Real Etstate Market Recap
2023 Year-End Palestine TX Real Estate Market Recap
How was the real estate market in 2023? How did it compare to 2022? What kind of market activity happened in 2023 in Palestine MLS?
2023 Year-End Palestine TX Real Estate Market Recap – In the last 365 days, the Palestine Texas Association of REALTORS® MLS had the following activity:
- Total # of properties sold in Palestine Tx MLS: 255
- Average List Price (of homes sold in 2023) : $243,286
- Average Sold Price (of homes sold in 2023) : $233,133
- List Price to Sales Price Average: 95.30%(This means that if the property listed at $100,000 the average final sales price was $95,300. Keep in mind this is an average and not typical for every sale.)
- Average Days on Market was 62 Days
- Average Price per Square Foot for Homes Sold was $138.05 per square foot
Historical Comparisons: How did 2023 real estate in Palestine Texas compare with the real estate activity in 2022 and previous years??
The activity in 2022 in Palestine MLS was:
- Total # of properties sold in Palestine Tx MLS: 364
- Average List Price (of homes sold in 2023) : $225.415
- Average Sold Price (of homes sold in 2023) : $217,534
- List Price to Sales Price Average: 96.58%(This means that if the property listed at $100,000 the average final sales price was $96,580. Keep in mind this is an average and not typical for every sale.)
- Average Days on Market was 49 Days
- Average Price per Square Foot for Homes Sold was $133.19 per square foot
Hope you had a fabulous 2023! Cheers to 2024! Hopefully you found this 2023 Year-End Palestine TX Real Estate Market Recap enlightening!
UNFORTUNATELY REQUIRED DISCLAIMER: This data was compiled from Palestine Area Association of REALTORS® Multiple Listing Service by Lisa Priest, Broker with Picket Fence Realty for informational purposes only. Please note that this data is for residential properties in Anderson county only. This data is current as of 1-4-2024 and is not a warranty of future market conditions of any kind. This information is deemed reliable but not guaranteed.
If you are in the market to buy or sell in Palestine Tx area, give us a call at 903-729-7530!
Lisa Priest likes to watch the trends and is a Palestine, Texas Real Estate Broker / REALTOR® with Picket Fence Realty, Inc. You can reach her via phone at 903-729-7530 or read more at BuyPalestine.com
