Sherman, Texas home sales flat this December

Houses sold so far this year increased 11% relative to the same period last year, with 510 homes sold. There were 39 homes sold in Sherman this December, a 0% growth from the previous month.

There were 41 new homes listed in December 2015, a 41% upturn from the previous month. So far this year, housing sales increased 1% compared to the same month last year, with 510 properties sold. As with many forms, rising damp has the potential to cause rot within timbers it comes into contact with. In December of this year, there were 29 properties currently listed in Sherman, a 12% upturn from last month. Year-to-date, listings under contract are at 519 overall, which is a 12% growth from last year. Cumulatively this year, the average selling price for homes in Sherman was about $143,269, which is a 8% increase relative to the same period last year. The average sales price was about $143,283 this December, which is a 9% growth from a month ago.

In December 2015, buyers sold their houses for 88% of their listed price, which is a 0% increase from a month ago. Cumulatively this year, the percentage of asking price received rose 2% relative to the same month last year, with buyers receiving 94% of their asking price. The days on market until sale during December in Sherman fell 32%, at 69 days on market until sale. So far this year, houses sold declined 35% compared to the same period last year, at 54 days on market until sale. This month, the market supply of homes was 115 homes. The market supply of homes in Sherman dipped 22% this December. The month supply of homes in Sherman went down 30%, with a 2.7 month supply of houses.

Sherman is one of many divisions analyzed by the North Texas Real Estate Information System. The MLS Area for Sherman is 37. There are 13 counties and two major metropolitan regions in The DFW metroplex – Dallas-Plano-Irving and Fort Worth – which cover over 9,000 square miles. in terms of population, The DFW area is the region that ranks first in Texas and in the South, and fourth in the United States. The Gross Metropolitan Product of The Dallas Fort-Worth metroplex is sixth largest in the United States and approximately tenth largest in the world.

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Sherman Texas Real Estate December 2015


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