Aubrey Housing Sales For February 2016 Are Down 4.2%

February 2016 Real Estate Market Summary for Aubrey, TX (MLS Area 31)
Month Year to Date
2016 2015 % Change 2016 2015 % Change
Closed Sales (Reported) 71 68 -4.2 124 119 -4.0
Closed Sales (Projected) 71 76 7.6 124 127 2.7
Listings Under Contract 78 97 24.4 155 215 38.7
Average Sales Price $226,981 $246,215 8.5 $225,161 $251,162 11.5
Median Sales Price $202,473 $212,450 4.9 $201,975 $209,000 3.5
Percent of Original Price Received 95.7 97.1 1.4 96.0 97.4 1.4
Days on Market Until Sale 73 54 -26.4 70 50 -27.7
Inventory of Homes for Sale 153 195 27.5
Months Supply of Inventory 1.8 2.3 25.2

This month homes sold had a dip of 4.2% from the same point in time last year, with 68 sold total. In Aubrey there were 119 real estate sales year to date, which was a drop of 4% compared to the same month 2015. In February 2016 projected housing sales in Aubrey reached 76 total, a gain of 7.6%. Year to date the number of projected homes sold in Aubrey reached 127, a growth of 2.7%. The number of new property listings in Aubrey in February 2016 was at 123 total, a hike of 55.7%. Year to date the number of newly listed housing units in the market was higher 55.7%, with 246 newly listed housing units in the market total this year. In February 2016 there were 97 residential properties listed under contract, which was a growth of 24.4% from last year. Year to date contract listings improved 38.7% from February last year, with 215 contract listings total this year. This month there was a gain of 25.2% in months supply of homes on the market. There were 2.3 months supply of homes on the market total this month. This month the number of properties for sale was 195, a rise of 27.5%. In February 2016 days on market until sale had a fall of 26.4% from 2015, with 54 days total. In February 2016 percent of original list price received reached 97.1, a growth of 1.4%. Percent of original list price received year to date in Aubrey reached 97.4 total, a growth of 1.4%.

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Aubrey Texas Real Estate February 2016

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