Blueridge, Texas home sales fall January, 2016

During 2016, homes sold have reached 2 total, which is a 50% decrease relative to the same period last year. This month, Blueridge housing sales went down 50%, with 2 properties sold.

Year-to-date new listings have reached 5 in all. So far this year, houses sold declined 50% compared to the same month last year. There were 5 new real estate listings this month, a 50% drop from the previous month. Listings under contract this January in Blueridge gained 100%, with 2 houses currently listed under contract this month. So far this year, home sales climbed 100% relative to the same period last year, with 2 homes sold. The average price for a home was about $190,000 year-to-date, which is a 63% fall from last year. The average home sales price was about $190,000 during January, a 63% dip from the previous month.

Buyers got 91% of their asking price this month, which is a 0% rise from the previous month. Year-to-date, the percentage of asking price received went up 35% compared to the same month last year, with buyers receiving 91% of their listed price. Year-to-date, the number of days on market until sale was about 88 days, which is a 51% dip compared to the same month last year. The days on market until sale in Blueridge dropped 51%, at 88 days on market until sale. The market inventory of available homes was 11 properties, which is a 39% decline from last month. There was a 2.6 month supply of homes during January, which is a 57% decrease from a month ago.

MLS Area 67 is the Multiple Listing Service Access number for Blueridge, as designated by the North Texas Real Estate Information System. There are 13 counties and two major metropolitan divisions in The Dallas Fort-Worth area –
Dallas-Plano-Irving and Fort Worth – which stretch across over 9,000 square miles. It is sixth largest by Gross Metropolitan Product in the United States, and is about tenth largest by GMP in the world. The Dallas Fort-Worth area is, by population, the largest metropolitan region in Texas, the largest in the South, the fourth largest in the United States and the tenth-largest in the Americas.

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Blueridge Texas Real Estate January 2016


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