Anna Texas Home Values were UP 11% in October

Anna Texas Home Values were UP 11% in October over the same month last year with 10 homes selling this month compared to 9 sold this month last year! For the 2011, year to date, overall home sales were Up 9% with 164 homes sold compared to 151 homes sold last year.

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New listings were DOWN 47% for the same period last year with 19 homes listed as compared to 36 listed this month last year. For the year 2011, overall home listings were DOWN 11% with 284 homes listed as compared to 286 homes listed last year. Listings under contract were UP 114% with 15 homes contracted compared to 7 homes contracted this month last year. Listings under contract for all 2011 were UP 26% with 177 homes contracted as compared to 141 contracted for all last year.

The average sales price of homes was DOWN 4% to $111,150 as compared to $115,883 for this month last year. The overall year of 2011 average sales prices were UP 8% to $128,382 as compared to $119,175 last year. Sellers received 82.5% of their asking price this month as compared to 89.3% this month last year. The average days on the market until sold in was 82 days compared to 171 days for this month last year DOWN 52%.

The current supply of homes on the market was 93 homes DOWN 12% as compared to 106 homes from the same period last year. This is 5.7 month supply of homes on the market DOWN 26% as compared to 7.7 month supply from this month last year.

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