Princeton Texas Real Estate Sales up 60% in November 2011

Princeton Texas Real Estate Sales were up 60% in November 2011 over the same month last year with 8 homes selling this month! For the year to date, overall home sales were at 142 homes sold, a -14% change from last year. Princeton Texas Real Estate total dollar volume of homes sold this month was $1,059,216 which is a 121% change from this month last year. For the 2011 year to date, the total dollar sales were at $14,401,214, which is a -19% change.

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New Princeton Texas Real Estate listings experienced a -59% change for the same period last year with 9 homes listed this month. For the year to date, overall home listings underwent a -34% change with 182 homes listed this year. Listings pending sales this month underwent a -11% change, with 8 homes contracted. Listings under contract for the year to date experienced a -8% change, with 154 homes under contract for this month.

The average sales price of Princeton Texas Real Estate was $132,402, a 38% change from this month last year. Overall, for the year, the average sales price was $101,417 , a -6% change. Sellers received 96% of their asking price this month, which is a 2% change from last year. For the year to date, sellers received 96% of their asking price, which is a 1% change. This month, homes spent an average of 88 days on the market until sold, which was a -36% change from last year. For the year to date, the average number of days on the market was 87, an overall change of 19%.

The current supply of active listings on the market this month was 35 homes. This is a change of -57% from the same month last year. For the year to date, the supply of active listings on the market was 55, which is a -27% change. This month there was a 2.7 months’ supply of homes on the market; this was a -49% change from last year. For the year to date, there was a 4.3 months’ supply of homes on the market, which is a -12% change from the same period last year. The average price per square foot was $67 this month; a 16% change from last year. For the year to date, the average price per square foot was $55, a change of -10%

Princeton Real Estate sales is known as Multiple Listing Service (MLS) area 54 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 November 2011. DFW Team Realty provides month reports on Princeton Real Estate Sales as well as Princeton Foreclosures, Princeton Short Sales, and Homes in Princeton. Please visit our website at DFWTeamRealty.com for the latest information on Princeton homes by price range and community. Search Princeton Real Estate at Homes in DFW

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