Anna Residential Property Sales For November 2016 Are Up 24%

November 2016 Real Estate Market Summary for Anna, TX (MLS Area 21)
Month Year to Date
2016 2015 % Change 2016 2015 % Change
Closed Sales (Reported) 25 31 24.0 428 526 22.9
Closed Sales (Projected) 25 35 39.3 428 530 23.8
Listings Under Contract 29 290.0 461 518 12.4
Average Sales Price $197,884 $214,289 8.3 $189,072 $213,953 13.2
Median Sales Price $191,900 $206,500 7.6 $180,000 $200,000 11.1
Percent of Original Price Received 99.5 98.6 -1.0 98.3 98.6 0.3
Days on Market Until Sale 37 35 -3.9 32 30 -6.1
Inventory of Homes for Sale 70 58 -17.1
Months Supply of Inventory 1.8 1.2 -33.2

This month the number of home sales reached 31, an improvement of 24% in contrast to November 2015. Year to date in Annan units sold was 526, an increase of 22.9% relative to the same time of year 2015. This month in Anna the number of projected homes sold was higher 39.3%, with 35 projected homes sold this month. The number of projected homes sold in Anna year to date was 530, a growth of 23.8%. This month there was a climb of 9.1% in new listings in the market in Anna. There were 24 new listings in the market total this month. In Anna there was a climb of 10.3% in the number of new homes year to date. There were 599 new homes this year. This month the number of contract listings experienced a gain of 461% compared to November 2015, with 290.0 on a contract total. There were 12.4 listings under contract year to date, which was no change from November 2015. This month approximate months supply of residential property inventory was down 33.2%, with 1.2 approximate months supply of residential property inventory this month. Properties for sale this month showed a decline of 17.1%, with 58 listed for sale total. In November 2016 there were 35 days on market until sale in Anna, and this was a decrease of 3.9% compared to November last year. In Anna this month the total percent of list price received saw a down-slide of 1%, with 98.6 percent total. Percent of original asking price received year to date in Anna was 98.6 total, a gain of 0.3%.

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Anna Texas Real Estate November 2016

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