Blueridge Residential Home Sales For November 2016 Are Higher 33%

November 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 -42 33 -21.4
Closed Sales (Projected) 0 -42 33 -20.8
Listings Under Contract 2 3 50.0 43 37 -14.0
Average Sales Price $0 $300,680 242720 $268,816 $11
Median Sales Price $0 $300,680 160000 $227,200 $42
Percent of Original Price Received 0.0 90.3 -92.3 92.4 0.1
Days on Market Until Sale 0119 -72 81 12.9
Inventory of Homes for Sale 19 15 -21.1
Months Supply of Inventory 4.0 5.1 29.9

In November 2016 home sales recorded grew 33% relative to last year, with -42 home sales recorded this month. Year to date the number of residential property sales showed no change from last year, with sold total this year. In November 2016 there were -42 projected real estate sales, which was a hike of 33%. The number of projected residential housing sales year to date reached total, no difference. In November 2016 new properties in the market had a growth of 40%, with 7 new on the market total. In Blueridge year to date new houses had a decline of 25%, with 51 new on the market total this year. In November 2016 the number of listings under contract was 3 total, an increase of 50% from the same time of year 2015. In Blueridge the number of listings under contract year to date experienced a decline of 14% from last year, with 37 under contract total this year. This month the number of approximate months supply of housing units on the market underwent a gain of 29.9%, with 5.1 months of supply total. In Blueridge this month homes for sale underwent a slump of 21.1%, with 15 listed total. In Blueridge there was an improvement of 81% in days on market until sale this month from last year. There were -72 days on market until sale total this month. Percent of list price received this month reached 90.3 total, a drop of 92.3%. Year to date the number of percent of original list price received was at 0.1, no difference.

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Blueridge Texas Real Estate November 2016


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