Blueridge, Texas Home Values report for November 2015

In total for this year there have been 28 homes sold, which is a 50% rise compared to the same month last year. Home sales in Blueridge went down 100% this month, with 3 houses sold.

So far this year, new houses listed are at 68 overall. New real estate listings year-to-date rose 19% relative to the same month last year. During November, 5 new houses were listed in Blueridge. New housing listings in Blueridge went up 25% this month. There were 3 current listings under contract in November of this year, a 25% dip from last month. Year-to-date, current listings under contract have reached 45 total, which is a 45% increase compared to the same month last year. The average price for a home year-to-date gained 65% relative to the same month last year, with the average home sales price at $242,720. The average price for a house was approximately $0 in November 2015, a 100% drop from last month.

During November, buyers got 0% of their asking price, which is a 0% increase from a month ago. Percentage of asking price received overall this year fell 5% relative to the same period last year, with buyers receiving 92% of their list price. Days on market until sale year-to-date grew 12% compared to the same month last year, at 72 days on market until sale. This month, houses spent approximately 0 days in the market until sold, a 100% fall from a month ago. The market inventory of available homes in Blueridge grew 0%, with 16 being the market inventory of available homes. There was a 3.3 month supply of houses in November 2015, which is a 41% decline from the previous month.

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 November 2015.

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 November 2015


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