Blueridge Residential Home Sales For February 2016 Are Up 4%

February 2016 Real Estate Market Summary for Blueridge, TX (MLS Area 67)
Month Year to Date
2016 2015 % Change 2016 2015 % Change
Closed Sales (Reported) 0 -2 4 100.0
Closed Sales (Projected) 0 -2 4 118.5
Listings Under Contract 2 3 50.0 3 6 100.0
Average Sales Price $0 $260,500 517500 $242,875 $-53
Median Sales Price $0 $173,500 517500 $181,750 $-65
Percent of Original Price Received 0.0 96.0 -67.0 94.6 41.3
Days on Market Until Sale 0145 -180 131 -27.2
Inventory of Homes for Sale 21 13 -38.1
Months Supply of Inventory 6.8 3.1 -54.2

Residential property sales reported in Blueridge in February 2016 experienced an uptick of 4% from the same month 2015, with -2 sold total. In Blueridge the number of houses sold year to date underwent no difference from last year, with sold total this year. In Blueridge there was a climb of 4% in projected units sold in February 2016. There were -2 projected units sold total this month. Projected houses sold year to date was, no difference. In February 2016 there was an improvement of 15% in newly listed houses in the market. There were 50.0 newly listed houses in the market total this month. New house listings in the market year to date experienced no change, with -33.3 newly listed total this year. The number of homes listed under contract in February 2016 in Blueridge had a gain of 50% from February 2015, with 3 on a contract total. In Blueridge there was a growth of 100% in residential properties listed under contract year to date from 2015. There were 6 residential properties listed under contract this year. Approximate months supply of properties on the market this month in Blueridge reached 3.1, a fall of 54.2%. In Blueridge there was a down-slide of 38.1% in properties for sale this month. There were 13 properties for sale total this month. The number of days on market until sale this month reached -180 total, a growth of 131% in contrast to last year. The total percent of original asking price received in February 2016 saw a drop of 67%, with 96.0 percent of original asking price received this month. Percent of list price received in Blueridge year to date was up 0%, with 41.3 percent of list price received this year.

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Blueridge Texas Real Estate February 2016

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