Aubrey Home Sales For November 2016 Are Higher 18.8%

November 2016 Real Estate Market Summary for Aubrey, TX (MLS Area 31)
Month Year to Date
2016 2015 % Change 2016 2015 % Change
Closed Sales (Reported) 64 76 18.8 960 1132 17.9
Closed Sales (Projected) 64 85 33.4 960 1141 18.9
Listings Under Contract 56 83 48.2 992 1198 20.8
Average Sales Price $225,595 $299,732 32.9 $230,076 $276,589 20.2
Median Sales Price $191,500 $244,500 27.7 $197,500 $227,500 15.2
Percent of Original Price Received 97.0 96.2 -0.8 97.3 97.6 0.3
Days on Market Until Sale 35 43 23.5 42 40 -4.9
Inventory of Homes for Sale 219 271 23.7
Months Supply of Inventory 2.5 2.7 5.6

This month there was an improvement of 18.8% in properties sold from last year. There were 76 properties sold total this month. Year to date the number of real estate sales was at 1132 total, an increase of 17.9% compared to the same period 2015. In November 2016 there was a gain of 33.4% in projected property sales in Aubrey. There were 85 projected property sales total this month. In Aubrey year to date projected real estate sales reached 1141 total, a gain of 18.9%. In November 2016 in Aubrey new residential properties in the market was at 107, an increase of 24.4%. Year to date new houses listed in the market increased 21.9%, with 1492 new houses listed in the market this year. This month listings under contract showed a gain of 48.2% from November last year, with 83 listed on contract total. Year to date in Aubrey contract listings reached 1198 total, a climb of 20.8% from last year. This month approximate months supply of inventory experienced an improvement of 5.6%, with 2.7 months supply total. The number of housing units for sale in the market in Aubrey in November 2016 saw an increase of 23.7%, with 271 housing units for sale in the market this month. This month the number of days on market until sale had a hike of 23.5% from the same month last year, with 43 days total. In Aubrey percent of list price received in November 2016 was 96.2 total, a dip of 0.8%. In Aubrey year to date percent of asking price received showed an uptick of 0.3%, with 97.6 percent total this year.

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Aubrey Texas Real Estate November 2016


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