Celina, Texas Home Values report for November 2014

Cumulatively this year, home sales climbed 44% compared to the same month last year, with 231 homes sold this year. This month, Celina home sales grew 0%, with 17 homes sold in November of this year.

New housing listings this month in Celina increased 56%, with 25 houses listed this month. Year-to-date, home sales gained 15% relative to the same period last year, with 231 homes sold so far this year. Listed homes under contract in November 2014 in Celina climbed 15%, with 15 homes currently listed under contract. Current listings under contract so far this year gained 42% relative to the same period last year, with 243 properties sold this year. During November, the average selling price was about $336,008, a 56% increase from a month ago. So far this year, the average price for a home was about $308,155, which is a 31% growth compared to the same period last year.

In November of this year, buyers received 95.6% of their list price, which is a 0% gain from the previous month. Year-to-date, buyers received 95.7% of their original price, which is a 1% upturn relative to the same month last year. Year-to-date, homes spent approximately 71 days in the market until sold., which is a 1% growth relative to the same period last year. In November of this year, homes spent about 97 days in the market until sold, which is a 107% increase from last month. This November there was a 4.2 month supply of houses, a 24% dip from the previous month.

Celina real estate information, known as MLS Area 60:, 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 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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Celina Texas Real Estate  November 2014

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