Home sales in Taylor County have been steaming hot in recent years
ABILENE, Texas —
This weekend, the best that Big Country home builders have to offer will be on display and ready for the public to walk through to see for themselves during the second leg of the 2018 Parade of Homes.
More than 20 homes in the Big Country will be open for the public to tour, ranging from affordable to luxury.
However, what exactly is the going rate for a home in Abilene?
John Loudermilk is a home builder in Abilene, as well as the President of Big Country Home Builders Association.
Loudermilk said that if people are looking for a "new" home in the Abilene area, the market right now is very strong.
“We've got a lot of inventory, but at the same time, we've got a lot a lot buyers and a lot of lookers,” said Loudermilk. “Things seem to be continuing to tick up.”
According to Loudermilk, new jobs are one of reasons why the Big Country is seeing an increase in the demand of new homes being built, but builders are not the only ones in the Big Country busy putting people in new homes because realtors are the ones actually selling homes to people.
The Texas A&M Real Estate Center showed Taylor County home sales numbers from over the past three years.
There were 185 homes sold in Taylor County in April of 2018, which is a steady figure compared to just the month before, when 186 homes were sold in Taylor County.
Historically, the real estate busy season takes place in the summer, with home sales in Taylor County expected to top out for the year of 2018 in the next three months.
Figures were also provided for the amount of money that was spent on purchasing homes in Taylor County.
For starters, $5 million more were made on home sales in Taylor County in April of 2018 than in April of 2017.
Also, the median home price in Taylor County went up by $10,000, from $149,900 in April of 2017 to $159,900 in April of 2018.
Statistics for the most popular ranges of home prices were also disclosed.
In 2017, 24 percent of homes sold in Taylor County were in the $100,000 to $150,000 range, 21 percent of them were in the $150,000 to $200,000 range and 14 percent of homes sold were priced between $200,000 and $250,000.
Loudermilk said that the 2018 Parade of Homes is a great chance for the public to see what builders in the Big Country have to offer.
“It's a great time for the community and the people in the community that are looking to build, looking to remodel, whatever the situation is, to get out and meet builders,” Loudermilk said. “Get ideas, talk about what’s going on in the houses, talk about what’s new and figure out what it is you want to do.”
Not only is the Big Country seeing a hot summer ahead in terms of temperatures, but also a sizzling hot housing market.
The 2018 Parade of Homes will be taking place from 12 p.m. to 5 p.m. on Saturday and from 1 p.m. to 5 p.m. on Sunday.