Dallas Uptown Including Oaklawn And Turtle Creek Property Sales For December 2016 are Flat

December 2016 Real Estate Market Summary for Dallas Uptown including Oaklawn and Turtle Creek, TX (MLS Area 17)
Month Year to Date
2016 2015 % Change 2016 2015 % Change
New Listings 91 90 -1.1 1811 1847 2.0
Closed Sales (Reported) 102 102.0 1424 1315 -7.7
Closed Sales (Projected) 102 115 12.4 1424 1328 -6.8
Listings Under Contract 79 790.0 1439 1308 -9.1
Average Sales Price $421,694 $418,185 -0.8 $391,212 $399,308 2.1
Median Sales Price $309,000 $343,500 11.2 $275,500 $292,500 6.2
Percent of Original Price Received 96.4 95.2 -1.2 96.9 96.7 -0.2
Days on Market Until Sale 39 55 42.6 39 39 1.5
Inventory of Homes for Sale 250 299 19.6
Months Supply of Inventory 2.1 2.7 29.5

This month property sales recorded saw no rise from 2015, with 102.0 property sales recorded total this month. Houses sold year to date underwent no difference from December last year, with -7.7 sold total this year. There were 115 projected houses sold this month, which was a gain of 12.4%. Year to date projected residential properties sold dwindled 6.8%, with 1328 projected residential properties sold total this year. New houses this month was less 1.1%, with 90 new houses total this month. Year to date there was a growth of 2% in new units listed. There were 1847 new units listed total this year. Listings under contract this month saw an increase of 0% in contrast to last year, with 790.0 listed under a contract total. In Dallas Uptown including Oaklawn and Turtle Creek there were -9.1 listings under contract year to date, which was no difference in contrast to last year. Months supply of inventory this month saw a climb of 29.5%, with 2.7 months supply of inventory this month. Units for sale this month in Dallas Uptown including Oaklawn and Turtle Creek grew 19.6%, with 299 units for sale total this month. In December 2016 days on market until sale in Dallas Uptown including Oaklawn and Turtle Creek saw a climb of 42.6% in contrast to December 2015, with 55 days total. Percent of original list price received in Dallas Uptown including Oaklawn and Turtle Creek this month sunk 1.2%, with 95.2 percent of original list price received this month. Year to date the number of percent of original asking price received was less 0.2%, with 96.7 percent of original asking price received total this year.

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Dallas Uptown including Oaklawn and Turtle Creek Texas Real Estate December 2016

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