Melissa, Texas homes sold fall 6% this month

So far this year there have been 203 houses sold in all, which is a 24% growth from last year. In Melissa, 18 homes sold this December, a 6% decline from the previous month.

New real estate listings year-to-date gained 14% relative to the same month last year, with 203 homes sold during 2015. During December, 19 new houses were listed in Melissa. During December, the number of new housing listings in Melissa rose 46%. There were 10 listed houses under contract during December, a 29% fall from a month ago. In total for this year there have been 249 listed homes under contract in all, which is a 19% growth relative to the same month last year. Year-to-date, the average sales price was about $240,630, which is a 4% upturn compared to the same month last year. In December 2015, the average price for a home was about $220,460, which is a 7% surge from the previous month.

This December, buyers sold their houses for 97% of their list price, a 0% upturn from a month ago. So far this year, the percentage of asking price received went up 1% compared to the same period last year, with buyers receiving 98% of their listed price. Year-to-date, properties spent an average of 44 days in the market until sold, which is a 19% dip from last year. On average, homes spent 34 days in the market until sold, which is a 35% dip from last month. The market supply of homes in December of this year in Melissa fell 19%, with the current supply of active listings on the market at 39 houses. There was a 1.9 month supply of houses this month, which is a 35% dip from a month ago.

MLS Area 68 is the Multiple Listing Service Access number for Melissa, as designated by the North Texas Real Estate Information System. There are 13 counties and two major metropolitan divisions in The DFW metroplex – Dallas-Plano-Irving and Fort Worth – which stretch across over 9,000 square miles. DFW is the most populous metropolitan area in Texas and in the South. It ranks fourth in the United States and tenth in the Americas. The DFW area is sixth largest by Gross Metropolitan Product in the United States, and is approximately tenth largest by GMP in the world.

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Melissa Texas Real Estate December 2015

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