Blueridge Residential Home Sales For January 2017 Higher 400%

January 2017 Real Estate Market Summary for Blueridge, TX (MLS Area 67)
Month Year to Date
2017 2016 % Change 2017 2016 % Change
New Listings 5 4 -20.0 5 4 -20.0
Closed Sales (Reported) 1 5 400.0 1 5 400.0
Closed Sales (Projected) 1 6 461.8 1 6 461.8
Listings Under Contract 4 5 25.0 4 5 25.0
Average Sales Price $190,000 $221,800 16.7 $190,000 $221,800 16.7
Median Sales Price $190,000 $200,000 5.3 $190,000 $200,000 5.3
Percent of Original Price Received 90.5 93.5 3.4 90.5 93.5 3.4
Days on Market Until Sale 88108 22.7 88 108 22.7
Inventory of Homes for Sale 12 11 -8.3
Months Supply of Inventory 2.8 3.2 15.4

In Blueridge there were 5 homes sold in January 2017, which was an uptick of 400% from last year. In Blueridge there were 5 houses sold year to date, and this was a growth of 400% from 2016. In Blueridge there were 6 projected houses sold in January 2017, which was a growth of 461.8%. There were 6 projected homes sold year to date, which was a hike of 461.8%. In Blueridge in January 2017 the number of new units listed was 4 total, a drop of 20%. Year to date there were 4 new residential properties listed in the market in Blueridge, and this was a dip of 20%. In January 2017 houses listed under contract reached 5 total, a rise of 25% from 2016. Year to date there were 5 listings under contract in Blueridge, which was a rise of 25% from the same time of year last year. In Blueridge months supply of houses on the market this month was 3.2 total, a climb of 15.4%. This month there was a dip of 8.3% in homes for sale. There were 11 homes for sale total this month. In Blueridge this month days on market until sale was higher 88% relative to last year, with 22.7 days on market until sale this month. Percent of asking price received in January 2017 was 93.5 total, a climb of 3.4%. Year to date percent of original list price received reached 93.5 total, an uptick of 3.4%.

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Blueridge Texas Real Estate January 2017

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