Dallas White Rock Residential Home Sales For November 2016 Are Higher 19.9%

November 2016 Real Estate Market Summary for Dallas White Rock, TX (MLS Area 12)
Month Year to Date
2016 2015 % Change 2016 2015 % Change
Closed Sales (Reported) 181 217 19.9 2734 2853 4.4
Closed Sales (Projected) 181 244 34.7 2734 2880 5.3
Listings Under Contract 207 193 -6.8 2858 2906 1.7
Average Sales Price $329,592 $398,398 20.9 $348,939 $376,282 7.8
Median Sales Price $285,000 $355,000 24.6 $300,000 $335,000 11.7
Percent of Original Price Received 95.3 95.2 -0.1 97.2 97.0 -0.3
Days on Market Until Sale 33 42 27.3 32 35 8.9
Inventory of Homes for Sale 608 589 -3.1
Months Supply of Inventory 2.4 2.3 -7.4

The number of property sales recorded in Dallas White Rock in November 2016 reached 217, a hike of 19.9% from November 2015. In Dallas White Rock there were 2853 recorded housing units sold year to date, which was a gain of 4.4% compared to the same month last year. Projected home sales this month experienced an uptick of 34.7%, with 244 projected total. Year to date there was a hike of 5.3% in projected units sold. There were 2880 projected units sold this year. The number of newly listed housing units in November 2016 underwent a climb of 3.8%, with 271 newly listed total. New listings in the market year to date reached 3884, a growth of 5.2%. In November 2016 houses listed under contract in Dallas White Rock was lower 6.8% from 2015, with 193 houses listed under contract this month. Year to date homes listed under contract was 2906, an improvement of 1.7% from 2015. This month the number of months supply of inventory saw a decrease of 7.4%, with 2.3 months supply of inventory total this month. In Dallas White Rock properties for sale in the market in November 2016 experienced a fall of 3.1%, with 589 listed total. There was a rise of 27.3% in the number of days on market until sale in November 2016 from the same time of year 2015. There were 42 days on market until sale total this month. Percent of list price received in Dallas White Rock this month had a decline of 0.1%, with 95.2 percent total. The number of percent of asking price received year to date in Dallas White Rock was 97.0 total, a dip of 0.3%.

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Dallas White Rock Texas Real Estate November 2016


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