Anna Residential Property Sales For February 2016 Are Up 20%

February 2016 Real Estate Market Summary for Anna, TX (MLS Area 21)
Month Year to Date
2016 2015 % Change 2016 2015 % Change
Closed Sales (Reported) 35 42 20.0 57 73 28.1
Closed Sales (Projected) 35 47 34.8 57 78 37.2
Listings Under Contract 37 63 70.3 69 102 47.8
Average Sales Price $171,989 $216,192 25.7 $177,777 $208,713 17.4
Median Sales Price $165,000 $210,950 27.8 $172,000 $199,900 16.2
Percent of Original Price Received 98.5 99.6 1.1 97.9 98.8 0.9
Days on Market Until Sale 30 35 19.7 31 37 18.5
Inventory of Homes for Sale 51 56 9.8
Months Supply of Inventory 1.6 1.4 -15.3

There were 42 houses sold this month, which was a gain of 20% from last year. Units sold year to date saw a hike of 28.1% in contrast to last year, with 73 sold total this year. In Anna there were 47 projected home sales in February 2016, which was a growth of 34.8%. Projected property sales year to date in Anna was 78, a hike of 37.2%. In Anna there were 69 newly listed houses this month, and this was a gain of 122.6%. Year to date new home listings was 113, a gain of 46.8%. The number of listings under contract this month in Anna saw a growth of 70.3% from 2015, with 63 listings under contract total this month. Properties listed under contract in Anna year to date was at 102, a gain of 47.8% compared to last year. The number of months supply of property inventory in February 2016 was lower 15.3%, with 1.4 months supply of property inventory total this month. Properties for sale in the market this month showed a climb of 9.8%, with 56 listed for sale in the market total. Days on market until sale this month had an increase of 19.7% from the same period 2015, with 35 days total. Percent of asking price received this month in Annan underwent a rise of 1.1%, with 99.6 percent total. Year to date in Anna the number of percent of original list price received was higher 0.9%, with 98.8 percent of original list price received total this year.

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Anna Texas Real Estate February 2016

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