Farmersville, Texas Home Values report for November 2015

Home sales year-to-date gained 0% compared to the same period last year, with 83 properties sold. In Farmersville, 5 properties sold this month, a 100% upturn from a month ago.

Overall this year there, have been 125 new houses listed overall, which is a 13% gain from last year. In November of this year, 8 new homes were listed in Farmersville. New home properties listed this month in Farmersville gained 100%. There were 7 listings under contract this November, which is a 40% growth from the previous month. In total for this year, homes sold grew 17% relative to the same period last year, with 95 homes sold. The average sales price in Farmersville fell 7% . Overall this year, houses sold went up 9% compared to the same month last year, with the average price for a home at $178,458.

The average percentage of asking price received year-to-date is 96%, which is a 2% gain relative to the same period last year. Buyers got 90% of their list price during November, which is a 0% growth from the previous month. Cumulatively this year, homes have spent about 55 days in the market until sold, which is a 28% drop from last year. The days on market until sale this month in Farmersville dropped 62%, at 47 days on market until sale. This November, the market inventory of available homes for properties in Farmersville was 28 properties. The market inventory of available homes in Farmersville climbed 4%. The month supply of houses in Farmersville rose 3%, with a 3.7 month supply of available homes on the market.

Farmersville real estate information, known as MLS Area 58, is reported by area in the North Texas Real Estate Information System. The information in this report is believed reliable, but is only as accurate as reported by the system in the month of November 2015.

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

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Farmersville Texas Real Estate November 2015

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