Denton County Southeast Texas Real Estate Sales were up 23% in December 2011

Denton County Southeast Texas Real Estate Sales were up 23% in December 2011 over the same month last year with 244 homes selling this month! For the 2011 year to date, overall home sales were at 3,010 homes sold, a 3% change from last year. Denton County Southeast Texas Real Estate total dollar volume of homes sold this month was $58,929,416 which is a 8% change from this month last year. For the 2011 year to date, the total dollar sales were at $734,936,650, which is a 3% change.

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New Denton County Southeast Texas Real Estate listings experienced a -13% change for the same period last year with 234 homes listed this month. For the 2011 year to date, overall home listings underwent a -10% change with 5,076 homes listed this year. Listings pending sales this month underwent a 13% change, with 155 homes contracted. Listings under contract for 2011 year to date experienced a 6% change, with 2,556 homes under contract for this month.

The average sales price of a home in this area was $241,514, a -12% change from this month last year. Overall, for 2011, the average sales price was $244,165, a 0% change. Sellers received 97% of their asking price this month, which is a 2% change from last year. For 2011 year to date, sellers received 97% of their asking price, which is a 0% change. This month, homes spent an average of 73 days on the market until sold, which was a -22% change from last year. For the 2011 year to date, the average number of days on the market was 81, an overall change of 14%.

The current supply of active listings on the market this month was 1,054 homes. This is a change of -23% from the same month last year. For the 2011 year to date, the supply of active listings on the market was 1,418, which is a -8% change. This month there was a 4.2 months’ supply of homes on the market; this was a -25% change from last year. For the 2011 year to date, there was a 5.7 months’ supply of homes on the market, which is a -11% change from the same period last year. The average price per square foot was $95 this month; a -5% change from last year. For the 2011 year to date, the average price per square foot was $94, a change of -1% .

Denton County Southeast Real Estate sales is known as area 41 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 December 2011. DFW Team Realty provides month reports on Denton County Southeast Real Estate Sales as well as Denton County Southeast Foreclosures, Denton County Southeast Short Sales, and Home in Denton County Southeast. Please visit our website at DFWTeamRealty.com for the latest information on Denton County Southeast homes by price range and community.

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.

Denton County Southeast Texas Real Estate Report

Denton County Southeast Texas Real Estate Reports

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