Blueridge, Texas Home Values report for December 2014

In December of this year, there were 3 homes sold in Blueridge, which is a 100% upturn from last month. This year, housing sales have reached 35 in all, which is a 3% decrease relative to the same period last year.

There were 2 new homes listed during December, which is a 3% growth from the previous month. New housing listings rose 0% relative to the same period last year, with 35 homes sold. Year-to-date there have been + listings under contract in all, which is a 0% gain relative to the same month last year. There were 3 listed homes under contract this month, a 3% growth from last month. So far this year, homes sold dropped 3% compared to the same period last year, with $149,913 being the average price for a home. This month, the average price for a home was approximately $165,300, a 27% drop from the previous month.

The percentage of asking price received by buyers in Blueridge rose 0% during December, with buyers receiving 97% of their list price. Year-to-date, the percentage of asking price received increased 7% relative to the same period last year, with buyers receiving 97% of their asking price. The days on market until sale was about 91 days, a 34% upturn from the previous month. Year-to-date, properties spent about 73 days in the market until sold., which is a 32% fall compared to the same period last year. This month, the market inventory of available homes for homes in Blueridge was 12 homes. The market supply of homes in Blueridge grew 0%. The month supply of houses in Blueridge rose 3% this month, with a 3.9 month supply of homes on the market.

Blueridge real estate information, known as MLS Area 67, is reported by area in the North Texas Real Estate Information System. The information in this report is believed reliable, but is only as accurate as reported by the system in the month of December 2014.

The DFW area is also known as the Dallas Fort Worth Metropolitan Statistical Area, a title designated by the U.S. Census Bureau, which encompasses 12 counties within the state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth. It is comprised of over 70 cities, both incorporated and unincorporated. The DFW Metroplex is, by population, the largest metropolitan area in Texas, the largest in the South, the fourth-largest in the United States, and the tenth-largest in the Americas. The DFW Metroplex encompasses over 9,000 square miles of total area, making it larger in area than the states of Rhode Island and Connecticut, combined. It also has the sixth-largest gross metropolitan product (GMP) in the United States, and is approximately tenth-largest by GMP in the world.

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Blueridge Texas Real Estate December 2014

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