Lake Highlands, Texas Home Values report for November 2015

Year-to-date, homes sold went up 5% compared to the same period last year, with 972 properties sold. Houses sold in November 2015 in Lake Highlands dropped 16%, with 77 houses sold in November of this year.

There were 95 new housing listings in November 2015. New housing listings in Lake Highlands rose 1% in November 2015. New real estate listings year-to-date grew 2% relative to the same month last year, with 972 houses sold this year. Year-to-date, listings under contract are at 1,108 in all, which is a 11% gain from a year ago. Lake Highlands current listings under contract were at 83 homes during November, a 9% rise from the previous month. During November, the average selling price for properties in Lake Highlands was approximately $260,276, a 7% rise from the previous month. Year-to-date, the average price for a home was approximately $264,823, which is a 6% increase compared to the same month last year.

So far this year, the percentage of original list prices received increased 0% compared to the same month last year, with percentage of original list prices received at 96%. In November of this year, buyers sold their houses for 93% of their list price, which is a 0% upturn from a month ago. Days on market until sale in total for this year went down 1% compared to the same period last year, at 39 days on market until sale. The days on market until sale in Lake Highlands grew 96%, at 72 days on market until sale. The current supply of active listings on the market was 190 properties. The market inventory of available homes this November in Lake Highlands decreased 36%. There was a 2.1 month supply of homes this month. The month supply of available homes this November in Lake Highlands declined 39%.

Lake Highlands real estate information, known as MLS Area 18, 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.

You can register on our website to have monthly updates on your city and neighborhood automatically emailed to you from DFW Team Realty. SearchLake Highlands Texas homes, foreclosures, and short sales to find homes in Lake Highlands. This service is FREE and available without any obligation from DFWTeamRealty.com.

Lake Highlands Texas Real Estate November 2015

By

Close
Please support the site
By clicking any of these buttons you help our site to get better

Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Services