Discover available land for sale in Mason County through the expertise of Michele Smith. Whether you're seeking a tranquil rural retreat or an investment opportunity, our listings cover a variety of options. Reach out to Michele Smith to access valuable insights, schedule property viewings, or gather more information. Your journey to owning land in Mason County starts here.
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Llano, TX Real Estate Market Overview
The housing market in Llano County displays robust growth in median home prices, yet showcases a slight increase in average days on the market.
Insights into Llano County's housing market:
Median Home Prices: Last month, Llano County experienced a significant surge of 18.0% in the median sale price of homes, reaching $720,000 compared to the previous year.
Price per Square Foot: Despite the rise in median prices, the median sale price per square foot declined by 11.1%, now at $343.
Sales Dynamics: Homes in Llano County are taking a bit longer to sell, with an average of 72 days on the market compared to 59 days the previous year. Additionally, there was a slight decrease in the number of homes sold, with 33 homes sold in October this year, down from 34 in the same period last year.
Strong Price Appreciation: The substantial increase in median home prices signifies robust growth, potentially indicating high demand and limited inventory in certain segments of the market.
Market Adjustments: While prices surged, the decline in price per square foot might suggest a shift in the types of properties being sold or other market factors influencing pricing metrics.
Local Real Estate Dynamics: Llano County remains an attractive location for buyers, albeit with a slightly longer time on the market and nuanced pricing trends.
For personalized guidance and expertise in navigating Llano County's real estate landscape, Michele Smith is your dedicated partner. With a commitment to providing exceptional service and insights into local market trends, Michele is ready to assist you in your real estate endeavors in Llano County.
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