Dallas White Rock Residential Property Sales For December 2016 Down 23%

December 2016 Real Estate Market Summary for Dallas White Rock, TX (MLS Area 12)
Month Year to Date
2016 2015 % Change 2016 2015 % Change
New Listings 195 174 -10.8 3888 4058 4.4
Closed Sales (Reported) 282 217 -23.0 3016 3078 2.1
Closed Sales (Projected) 282 244 -13.5 3016 3105 2.9
Listings Under Contract 174 172 -1.1 3032 3074 1.4
Average Sales Price $343,065 $350,859 2.3 $348,391 $374,314 7.4
Median Sales Price $315,000 $307,500 -2.4 $300,000 $331,888 10.6
Percent of Original Price Received 96.0 96.3 0.4 97.1 96.9 -0.2
Days on Market Until Sale 43 44 1.9 33 36 7.9
Inventory of Homes for Sale 492 458 -6.9
Months Supply of Inventory 2.0 1.8 -8.8

In Dallas White Rock this month the number of property sales reported saw a drop of 23% from 2015, with 217 sold total. Housing sales year to date reached 3078 total, a gain of 2.1% from the same month last year. In December 2016 the number of projected home sales saw a fall of 13.5%, with 244 projected home sales this month. In Dallas White Rock there was a gain of 2.9% in projected homes sold year to date. There were 3105 projected homes sold this year. In December 2016 new property listings had a fall of 10.8%, with 174 newly for sale total. Year to date there was a growth of 4.4% in new homes in the market in Dallas White Rock. There were 4058 new homes in the market this year. In Dallas White Rock this month the number of homes listed under contract was at 172 total, a fall of 1.1% in contrast to 2015. In Dallas White Rock the number of listings under contract year to date was at 3074, a growth of 1.4% compared to the same point in time 2015. In Dallas White Rock there were 1.8 approximate months supply of inventory this month, and this was a drop of 8.8%. In December 2016 there was a fall of 6.9% in houses for sale in the market in Dallas White Rock. There were 458 houses for sale in the market total this month. This month days on market until sale in Dallas White Rock saw a gain of 1.9% relative to the same period last year, with 44 days on market until sale this month. The total percent of list price received in December 2016 was at 96.3, an uptick of 0.4%. Year to date in Dallas White Rock percent of asking price received was 96.9 total, a dip of 0.2%.

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Dallas White Rock Texas Real Estate December 2016

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