The Belton market saw growth this April as home sales were up 3.7% compared to last year. The median price saw a rise of 21.4% to $204K compared to April of 2018. With active listings down 27.5 % and a shrinking inventory, we could expect to see median prices continue to rise as the Spring market comes to a close.
With 304 active listings, the Temple market closed 129 sales this month. The median price rose 3.6% compared to last year bringing the median price to $169K this April. Active listings continued to add to inventory, with active listings up 2.7% this year compared to last year.
Killeen’s market showed some signs of a possible slowdown in inventory with active listings down 40.6% compared to last year with a total of 298 listings currently active on me the market. Closed sales were up 25.7%, bringing the median price up 2.2%. Closing 220 sales, the inventory has now shrunk to 1.6 months as of this April. As inventory shrinks and active listings are down, we will continue to watch the Killeen market as we enter the Summer market.
With 97 active listings in April, Harker Heights saw the median price fall but based off a smaller inventory compared to last year. With a rise in closed sales of 14.6% and active listings down, the inventory of the Harker Heights market has shrunk to 2.3 months of inventory as it moves into the late Spring season.