Somervell County Texas Real Estate Sales up 20% in November 2011

Somervell County Texas Real Estate Sales were up 20% in November 2011 over the same month last year with 6 homes selling this month! For the year to date, overall home sales were at 59 homes sold, a 13% change from last year. Somervell County Texas Real Estate total dollar volume of homes sold this month was $959,400 which is a 19% change from this month last year. For the 2011 year to date, the total dollar sales were at $9,436,814, which is a -1% change.

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New Somervell County Texas Real Estate listings experienced a -20% change for the same period last year with 4 homes listed this month. For the year to date, overall home listings underwent a 12% change with 145 homes listed this year. Listings pending sales this month underwent a 50% change, with 3 homes contracted. Listings under contract for the year to date experienced a 5% change, with 42 homes under contract for this month.

The average sales price of Somervell County Texas Real Estate was $159,900, a -1% change from this month last year. Overall, for the year, the average sales price was $159,946 , a -13% change. Sellers received 95% of their asking price this month, which is a 4% change from last year. For the year to date, sellers received 94% of their asking price, which is a 0% change. This month, homes spent an average of 156 days on the market until sold, which was a 38% change from last year. For the year to date, the average number of days on the market was 141, an overall change of 15%.

The current supply of active listings on the market this month was 73 homes. This is a change of 6% from the same month last year. For the year to date, the supply of active listings on the market was 83, which is a 17% change. This month there was a 14.4 months’ supply of homes on the market; this was a -5% change from last year. For the year to date, there was a 16.3 months’ supply of homes on the market, which is a 5% change from the same period last year. The average price per square foot was $95 this month; a 0% change from last year. For the year to date, the average price per square foot was $84, a change of -11%

Somervell County Real Estate sales is known as Multiple Listing Service (MLS) area 75 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 Somervell County Real Estate Sales as well as Somervell County Foreclosures, Somervell County Short Sales, and Homes in Somervell County. Please visit our website at DFWTeamRealty.com for the latest information on Somervell County homes by price range and community. Search Somervell County Real Estate at Homes in DFW

Somervell County Texas Real Estate Report

Somervell County Texas Real Estate Reports

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