Blueridge Residential Housing Sales For December 2016 Higher 100%

December 2016 Real Estate Market Summary for Blueridge, TX (MLS Area 67)
Month Year to Date
2016 2015 % Change 2016 2015 % Change
New Listings 1 5 400.0 69 56 -18.8
Closed Sales (Reported) 2 4 100.0 44 37 -15.9
Closed Sales (Projected) 2 4 124.7 44 37 -14.8
Listings Under Contract 2 7 250.0 45 43 -4.4
Average Sales Price $157,500 $203,625 29.3 $238,847 $261,769 9.6
Median Sales Price $157,500 $214,250 36.0 $160,000 $227,200 42.0
Percent of Original Price Received 100.5 94.2 -6.3 92.7 92.6 -0.1
Days on Market Until Sale 37 48 30.8 71 78 10.3
Inventory of Homes for Sale 13 12 -7.7
Months Supply of Inventory 3.0 3.9 31.7

This month property sales recorded in Blueridge was 4, a growth of 100% from last year. Year to date in Blueridge reported houses sold had a slump of 15.9% relative to last year, with 37 sold total this year. Projected real estate sales in December 2016 was up 124.7%, with 4 projected real estate sales this month. Year to date projected homes sold in Blueridge saw a fall of 14.8%, with 37 projected homes sold total this year. In Blueridge in December 2016 the number of new units showed an increase of 400%, with 5 new on the market total. Year to date new listings in the market showed a decline of 18.8%, with 56 newly listed total this year. In December 2016 contract listings was at 7 total, an improvement of 250% from 2015. There was a fall of 4.4% in the number of listings under contract year to date from 2015. There were 43 listings under contract total this year. In Blueridge there were 3.9 approximate months supply of housing inventory this month, and this was an uptick of 31.7%. In December 2016 there was a down-slide of 7.7% in the number of residential properties for sale in Blueridge. There were 12 residential properties for sale total this month. This month in Blueridge days on market until sale experienced a growth of 30.8% compared to last year, with 48 days total. Percent of original asking price received this month had a drop of 6.3%, with 94.2 percent total. Percent of original asking price received year to date was lower 0.1%, with 92.6 percent of original asking price received this year.

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Blueridge Texas Real Estate December 2016

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