Colleyville Texas Real Estate Sales were up 50% in March 2012

Colleyville Texas Real Estate Sales were up 50% in March 2012 over the same month last year with 39 homes selling this month! For the year to date, overall home sales were at 90 homes sold, a 64% change from last year. Colleyville Texas Real Estate total dollar volume of homes sold this month was $16,434,951 which is a 17% change from this month last year. For the year to date, the total dollar sales were at $39,480,480, which is a 47% change.

The Texas home market for the first quarter 2012 in the DFW Metroplex is overall improved over the last year. With both prices and interest rates at historic lows, this is an idea time to purchase for both new home owners and current home owners moving to larger homes. The key is to have your financing and prequalification work in process to insure a smooth transaction. As the spring begins and school ends more homes with be put on the market and more prospective buyer will be looking for homes. Traditionally the second and third quarters are the busiest in the real estate industry

New Colleyville Texas Real Estate listings experienced a 8% change for the same period last year with 82 homes listed this month. For the year to date, overall home listings underwent a 5% change with 186 homes listed this year. Listings pending sales this month underwent a 7% change, with 32 homes contracted. Listings under contract for the year to date experienced a 34% change, with 82 homes under contract for this month.

The average sales price of a home in Colleyville was $421,409, a -22% change from this month last year. Overall, for 2012, the average sales price was $438,672 , a -10% change. Sellers received 96% of their asking price this month, which is a -3% change from last year. For the year to date, sellers received 95% of their asking price, which is a -1% change. This month, homes spent an average of 88 days on the market until sold, which was a -11% change from last year. For the year to date, the average number of days on the market was 117, an overall change of 4%.

The current supply of active listings on the market this month was 204 homes. This is a change of -10% from the same month last year. For the year to date, the supply of active listings on the market was 202, which is a -2% change. This month there was a 6.6 months’ supply of homes on the market; this was a -29% change from last year. For the year to date, there was a 6.6 months’ supply of homes on the market, which is a -23% change from the same period last year. The average price per square foot was $116 this month; a -11% change from last year. For the year to date, the average price per square foot was $121, a change of -5% .

Colleyville Real Estate sales is known as area 123 in the North Texas Real Estate Information System. Information is believed reliable but is only as accurate as reported by the system in the month of March 2012. DFW Team Realty provides month reports on Colleyville Real Estate Sales as well as Colleyville Foreclosures, Colleyville Short Sales, and Home in Colleyville. Please visit our website at DFWTeamRealty.com for the latest information on Colleyville homes by price range and community.

Register online for monthly updates in your city and your neighborhood automatically emailed to you at Colleyville Real Estate. Search Colleyville homes, Colleyville foreclosures, and Colleyville short sales at DFWTeamRealty.com.

The DFW Metroplex is also known as Dallas Fort Worth Arlington Metropolitan Statistical Area, a title designated by the U.S. Census which encompasses 12 counties within the U.S. state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth Arlington and is comprised of over 70 area 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 U.S. states of Rhode Island and Connecticut combined. It is also the sixth largest gross metropolitan product (GMP) in the United States, and approximately tenth largest by GMP in the world.

Colleyville Texas Real Estate Report

Colleyville Texas Real Estate Reports

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