Blog

By +Bob Baesmann

  • Wylie Residential Housing Sales For January 2017 Are Higher 23.1%
    January 2017 Real Estate Market Summary for Wylie, TX (MLS Area 50)
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 92 95 3.3 92 95 3.3
    Closed Sales (Reported) 65 80 23.1 65 80 23.1
    Closed Sales (Projected) 65 90 38.3 65 90 38.3
    Listings Under Contract 92 94 2.2 92 94 2.2
    Average Sales Price $261,695 $285,899 9.2 $261,695 $285,899 9.2
    Median Sales Price $232,000 $258,500 11.4 $232,000 $258,500 11.4
    Percent of Original Price Received 98.4 98.0 -0.4 98.4 98.0 -0.4
    Days on Market Until Sale 46 36 -21.7 46 36 -21.7
    Inventory of Homes for Sale 142 144 1.4
    Months Supply of Inventory 1.3 1.5 12.9

    The number of recorded homes sold this month reached 80 total, a gain of 23.1% from 2016. Year to date property sales reported was ... Read more

  • University Park Property Sales For January 2017 Down 2.2%
    January 2017 Real Estate Market Summary for University Park, TX (MLS Area 25)
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 113 150 32.7 113 150 32.7
    Closed Sales (Reported) 46 45 -2.2 46 45 -2.2
    Closed Sales (Projected) 46 51 9.9 46 51 9.9
    Listings Under Contract 53 84 58.5 53 84 58.5
    Average Sales Price $927,596 $1,293,560 39.5 $927,596 $1,293,560 39.5
    Median Sales Price $829,500 $1,315,000 58.5 $829,500 $1,315,000 58.5
    Percent of Original Price Received 93.6 90.9 -2.9 93.6 90.9 -2.9
    Days on Market Until Sale 71 88 24.1 71 88 24.1
    Inventory of Homes for Sale 274 319 16.4
    Months Supply of Inventory 3.6 4.5 25.0

    In University Park this month the number of property sales experienced a decrease of 2.2% in contrast to 2016, with 45 sold ... Read more

  • The Colony Residential Property Sales For January 2017 Are Higher 35.5%
    January 2017 Real Estate Market Summary for The Colony, TX (MLS Area 9)
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 54 40 -25.9 54 40 -25.9
    Closed Sales (Reported) 31 42 35.5 31 42 35.5
    Closed Sales (Projected) 31 47 52.2 31 47 52.2
    Listings Under Contract 49 43 -12.2 49 43 -12.2
    Average Sales Price $211,162 $234,877 11.2 $211,162 $234,877 11.2
    Median Sales Price $200,000 $219,900 9.9 $200,000 $219,900 9.9
    Percent of Original Price Received 98.6 97.9 -0.7 98.6 97.9 -0.7
    Days on Market Until Sale 31 32 1.8 31 32 1.8
    Inventory of Homes for Sale 59 38 -35.6
    Months Supply of Inventory 1.2 0.8 -38.4

    In January 2017 in The Colony real estate sales was at 42 total, a growth of 35.5% from the same month last year. ... Read more

  • Sherman Residential Home Sales For January 2017 Are Higher 8.8%
    January 2017 Real Estate Market Summary for Sherman, TX (MLS Area 37)
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 51 35 -31.4 51 35 -31.4
    Closed Sales (Reported) 34 37 8.8 34 37 8.8
    Closed Sales (Projected) 34 42 22.3 34 42 22.3
    Listings Under Contract 42 26 -38.1 42 26 -38.1
    Average Sales Price $147,764 $144,070 -2.5 $147,764 $144,070 -2.5
    Median Sales Price $149,750 $135,000 -9.8 $149,750 $135,000 -9.8
    Percent of Original Price Received 91.3 96.5 5.7 91.3 96.5 5.7
    Days on Market Until Sale 71 45 -36.3 71 45 -36.3
    Inventory of Homes for Sale 129 103 -20.2
    Months Supply of Inventory 3.0 2.2 -26.0

    In Sherman this month reported properties sold had an improvement of 8.8% from last year, with 37 sold total. Year to date there was ... Read more

  • Sachse Residential Housing Sales For January 2017 Down 4.7%
    January 2017 Real Estate Market Summary for Sachse, TX (MLS Area 8)
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 90 81 -10.0 90 81 -10.0
    Closed Sales (Reported) 64 61 -4.7 64 61 -4.7
    Closed Sales (Projected) 64 69 7.1 64 69 7.1
    Listings Under Contract 91 910.0 91 910.0
    Average Sales Price $229,199 $284,123 24.0 $229,199 $284,123 24.0
    Median Sales Price $218,700 $250,000 14.3 $218,700 $250,000 14.3
    Percent of Original Price Received 97.1 95.6 -1.5 97.1 95.6 -1.5
    Days on Market Until Sale 56 33 -41.9 56 33 -41.9
    Inventory of Homes for Sale 130 118 -9.2
    Months Supply of Inventory 1.3 1.1 -10.7

    In Sachse there were 61 properties sold in January 2017, which was a fall of 4.7% relative to January 2016. Year to date ... Read more

  • Rowlett Residential Home Sales For January 2017 Are Down 4.7%
    January 2017 Real Estate Market Summary for Rowlett, TX (MLS Area 8)
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 90 81 -10.0 90 81 -10.0
    Closed Sales (Reported) 64 61 -4.7 64 61 -4.7
    Closed Sales (Projected) 64 69 7.1 64 69 7.1
    Listings Under Contract 91 910.0 91 910.0
    Average Sales Price $229,199 $284,123 24.0 $229,199 $284,123 24.0
    Median Sales Price $218,700 $250,000 14.3 $218,700 $250,000 14.3
    Percent of Original Price Received 97.1 95.6 -1.5 97.1 95.6 -1.5
    Days on Market Until Sale 56 33 -41.9 56 33 -41.9
    Inventory of Homes for Sale 130 118 -9.2
    Months Supply of Inventory 1.3 1.1 -10.7

    Properties sold this month showed a slump of 4.7% from January 2016, with 61 sold total. Year to date the number ... Read more

  • Rockwall Residential Home Sales For January 2017 Are Higher 0.9%
    January 2017 Real Estate Market Summary for Rockwall, TX (MLS Area 34)
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 173 215 24.3 173 215 24.3
    Closed Sales (Reported) 115 116 0.9 115 116 0.9
    Closed Sales (Projected) 115 130 13.3 115 130 13.3
    Listings Under Contract 131 165 26.0 131 165 26.0
    Average Sales Price $266,979 $300,343 12.5 $266,979 $300,343 12.5
    Median Sales Price $229,500 $282,183 23.0 $229,500 $282,183 23.0
    Percent of Original Price Received 95.9 95.1 -0.8 95.9 95.1 -0.8
    Days on Market Until Sale 60 52 -13.0 60 52 -13.0
    Inventory of Homes for Sale 390 3900.0
    Months Supply of Inventory 2.3 2.2 -1.9

    This month property sales recorded in Rockwall showed an increase of 0.9% from 2016, with 116 sold total. There was an uptick of ... Read more

  • Richardson Residential Housing Sales For January 2017 Are Down 1.5%
    January 2017 Real Estate Market Summary for Richardson, TX (MLS Area 23)
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 95 106 11.6 95 106 11.6
    Closed Sales (Reported) 65 64 -1.5 65 64 -1.5
    Closed Sales (Projected) 65 72 10.6 65 72 10.6
    Listings Under Contract 87 77 -11.5 87 77 -11.5
    Average Sales Price $204,722 $257,454 25.8 $204,722 $257,454 25.8
    Median Sales Price $190,000 $259,600 36.6 $190,000 $259,600 36.6
    Percent of Original Price Received 96.7 97.5 0.8 96.7 97.5 0.8
    Days on Market Until Sale 31 30 -3.3 31 30 -3.3
    Inventory of Homes for Sale 121 99 -18.2
    Months Supply of Inventory 1.0 0.9 -14.5

    In Richardson there were 64 housing sales reported this month, and this was a down-slide of 1.5% relative to last year. In Richardson ... Read more

  • Prosper Residential Home Sales For January 2017 Higher 17.9%
    January 2017 Real Estate Market Summary for Prosper, TX (MLS Area 59)
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 98 105 7.1 98 105 7.1
    Closed Sales (Reported) 39 46 17.9 39 46 17.9
    Closed Sales (Projected) 39 52 32.5 39 52 32.5
    Listings Under Contract 66 86 30.3 66 86 30.3
    Average Sales Price $459,704 $521,840 13.5 $459,704 $521,840 13.5
    Median Sales Price $431,650 $452,450 4.8 $431,650 $452,450 4.8
    Percent of Original Price Received 95.6 94.7 -0.9 95.6 94.7 -0.9
    Days on Market Until Sale 89100 12.2 89 100 12.2
    Inventory of Homes for Sale 207 289 39.6
    Months Supply of Inventory 3.0 4.3 42.0

    In January 2017 housing sales was higher 17.9% compared to 2016, with 46 housing sales total this month. There was an increase of ... Read more

  • Princeton Residential Housing Sales For January 2017 Up 16.7%
    January 2017 Real Estate Market Summary for Princeton, TX
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 23 19 -17.4 23 19 -17.4
    Closed Sales (Reported) 12 14 16.7 12 14 16.7
    Closed Sales (Projected) 12 16 31.1 12 16 31.1
    Listings Under Contract 19 18 -5.3 19 18 -5.3
    Average Sales Price $157,133 $174,460 11.0 $157,133 $174,460 11.0
    Median Sales Price $151,000 $191,625 26.9 $151,000 $191,625 26.9
    Percent of Original Price Received 98.4 98.1 -0.3 98.4 98.1 -0.3
    Days on Market Until Sale 32 30 -6.8 32 30 -6.8
    Inventory of Homes for Sale 37 25 -32.4
    Months Supply of Inventory 2.2 0.9 -59.3

    There were 14 houses sold this month, which was a hike of 16.7% in contrast to the same time of year last year. In Princeton ... Read more

  • Plano Home Sales For January 2017 Are Lower 16.7%
    January 2017 Real Estate Market Summary for Plano, TX (MLS Area 20)
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 296 349 17.9 296 349 17.9
    Closed Sales (Reported) 216 180 -16.7 216 180 -16.7
    Closed Sales (Projected) 216 202 -6.4 216 202 -6.4
    Listings Under Contract 274 285 4.0 274 285 4.0
    Average Sales Price $325,707 $366,196 12.4 $325,707 $366,196 12.4
    Median Sales Price $283,750 $323,000 13.8 $283,750 $323,000 13.8
    Percent of Original Price Received 97.3 97.1 -0.2 97.3 97.1 -0.2
    Days on Market Until Sale 43 48 11.5 43 48 11.5
    Inventory of Homes for Sale 390 451 15.6
    Months Supply of Inventory 1.2 1.4 20.0

    Residential housing sales recorded in January 2017 was down 16.7% compared to last year, with 180 residential housing sales recorded this month. Year ... Read more

  • Pilot Point Residential Home Sales For January 2017 Are Up 61.5%
    January 2017 Real Estate Market Summary for Pilot Point, TX (MLS Area 31)
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 123 129 4.9 123 129 4.9
    Closed Sales (Reported) 52 84 61.5 52 84 61.5
    Closed Sales (Projected) 52 94 81.5 52 94 81.5
    Listings Under Contract 115 114 -0.9 115 114 -0.9
    Average Sales Price $265,973 $298,242 12.1 $265,973 $298,242 12.1
    Median Sales Price $197,950 $269,000 35.9 $197,950 $269,000 35.9
    Percent of Original Price Received 97.7 95.9 -1.9 97.7 95.9 -1.9
    Days on Market Until Sale 49 66 34.3 49 66 34.3
    Inventory of Homes for Sale 201 239 18.9
    Months Supply of Inventory 2.3 2.2 -3.0

    This month home sales in Pilot Point saw an increase of 61.5% relative to last year, with 84 sold total. Year to ... Read more

  • Mesquite Housing Sales For January 2017 Are Down 21.3%
    January 2017 Real Estate Market Summary for Mesquite, TX (MLS Area 5)
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 157 138 -12.1 157 138 -12.1
    Closed Sales (Reported) 122 96 -21.3 122 96 -21.3
    Closed Sales (Projected) 122 108 -11.6 122 108 -11.6
    Listings Under Contract 142 126 -11.3 142 126 -11.3
    Average Sales Price $130,632 $152,062 16.4 $130,632 $152,062 16.4
    Median Sales Price $122,750 $148,750 21.2 $122,750 $148,750 21.2
    Percent of Original Price Received 95.8 98.7 3.1 95.8 98.7 3.1
    Days on Market Until Sale 45 33 -26.6 45 33 -26.6
    Inventory of Homes for Sale 207 131 -36.7
    Months Supply of Inventory 1.5 0.9 -39.8

    This month in Mesquite reported homes sold experienced a decline of 21.3% relative to the same month 2016, with 96 sold total. Year ... Read more

  • Melissa Home Sales For January 2017 Are Higher 140%
    January 2017 Real Estate Market Summary for Melissa, TX (MLS Area 68)
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 32 31 -3.1 32 31 -3.1
    Closed Sales (Reported) 10 24 140.0 10 24 140.0
    Closed Sales (Projected) 10 27 169.7 10 27 169.7
    Listings Under Contract 19 30 57.9 19 30 57.9
    Average Sales Price $264,884 $283,722 7.1 $264,884 $283,722 7.1
    Median Sales Price $247,000 $276,714 12.0 $247,000 $276,714 12.0
    Percent of Original Price Received 98.4 97.8 -0.6 98.4 97.8 -0.6
    Days on Market Until Sale 54 69 26.9 54 69 26.9
    Inventory of Homes for Sale 57 59 3.5
    Months Supply of Inventory 2.7 2.2 -19.4

    There were 24 real estate sales recorded this month, and this was a gain of 140% in contrast to the same period last ... Read more

  • McKinney Residential Property Sales For January 2017 Are Down 7.9%
    January 2017 Real Estate Market Summary for McKinney, TX (MLS Area 53)
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 251 258 2.8 251 258 2.8
    Closed Sales (Reported) 165 152 -7.9 165 152 -7.9
    Closed Sales (Projected) 165 171 3.5 165 171 3.5
    Listings Under Contract 180 198 10.0 180 198 10.0
    Average Sales Price $296,184 $334,603 13.0 $296,184 $334,603 13.0
    Median Sales Price $281,990 $304,450 8.0 $281,990 $304,450 8.0
    Percent of Original Price Received 97.5 98.1 0.6 97.5 98.1 0.6
    Days on Market Until Sale 39 42 7.9 39 42 7.9
    Inventory of Homes for Sale 372 401 7.8
    Months Supply of Inventory 1.6 1.7 5.8

    Recorded houses sold in January 2017 declined 7.9% in contrast to January 2016, with 152 recorded houses sold this month. Year to date ... Read more

  • Little Elm Residential Property Sales For January 2017 Are Up 12%
    January 2017 Real Estate Market Summary for Little Elm, TX (MLS Area 31)
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 193 285 47.7 193 285 47.7
    Closed Sales (Reported) 117 131 12.0 117 131 12.0
    Closed Sales (Projected) 117 147 25.8 117 147 25.8
    Listings Under Contract 173 192 11.0 173 192 11.0
    Average Sales Price $268,601 $297,403 10.7 $268,601 $297,403 10.7
    Median Sales Price $253,292 $262,990 3.8 $253,292 $262,990 3.8
    Percent of Original Price Received 96.8 97.1 0.3 96.8 97.1 0.3
    Days on Market Until Sale 43 49 13.9 43 49 13.9
    Inventory of Homes for Sale 335 404 20.6
    Months Supply of Inventory 1.9 2.0 6.4

    Homes sold in Little Elm in January 2017 saw a gain of 12% compared to the same month last year, with ... Read more

  • Lewisville Residential Housing Sales For January 2017 Are Down 7.3%
    January 2017 Real Estate Market Summary for Lewisville, TX (MLS Area 41)
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 429 336 -21.7 429 336 -21.7
    Closed Sales (Reported) 233 216 -7.3 233 216 -7.3
    Closed Sales (Projected) 233 243 4.2 233 243 4.2
    Listings Under Contract 332 319 -3.9 332 319 -3.9
    Average Sales Price $338,400 $344,941 1.9 $338,400 $344,941 1.9
    Median Sales Price $275,500 $281,750 2.3 $275,500 $281,750 2.3
    Percent of Original Price Received 96.7 97.3 0.7 96.7 97.3 0.7
    Days on Market Until Sale 46 45 -2.0 46 45 -2.0
    Inventory of Homes for Sale 715 541 -24.3
    Months Supply of Inventory 1.8 1.3 -23.8

    This month there were 216 reported houses sold, which was a slump of 7.3% in contrast to the same time of year 2016. ... Read more

  • Lake Highlands Residential Property Sales For January 2017 Down 7.8%
    January 2017 Real Estate Market Summary for Lake Highlands, TX (MLS Area 18)
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 129 95 -26.4 129 95 -26.4
    Closed Sales (Reported) 64 59 -7.8 64 59 -7.8
    Closed Sales (Projected) 64 66 3.6 64 66 3.6
    Listings Under Contract 111 82 -26.1 111 82 -26.1
    Average Sales Price $218,764 $243,779 11.4 $218,764 $243,779 11.4
    Median Sales Price $215,000 $242,000 12.6 $215,000 $242,000 12.6
    Percent of Original Price Received 95.8 95.7 -0.1 95.8 95.7 -0.1
    Days on Market Until Sale 50 28 -43.5 50 28 -43.5
    Inventory of Homes for Sale 163 130 -20.2
    Months Supply of Inventory 1.7 1.4 -18.8

    In Lake Highlands there was a decrease of 7.8% in real estate sales in January 2017 from 2016. There were 59 real ... Read more

  • Irving Home Sales For January 2017 Are Lower 15%
    January 2017 Real Estate Market Summary for Irving, TX (MLS Area 54)
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 190 183 -3.7 190 183 -3.7
    Closed Sales (Reported) 113 96 -15.0 113 96 -15.0
    Closed Sales (Projected) 113 108 -4.5 113 108 -4.5
    Listings Under Contract 150 131 -12.7 150 131 -12.7
    Average Sales Price $232,558 $276,908 19.1 $232,558 $276,908 19.1
    Median Sales Price $173,250 $238,000 37.4 $173,250 $238,000 37.4
    Percent of Original Price Received 97.3 97.8 0.6 97.3 97.8 0.6
    Days on Market Until Sale 50 43 -14.7 50 43 -14.7
    Inventory of Homes for Sale 341 253 -25.8
    Months Supply of Inventory 2.2 1.6 -28.4

    This month in Irving the number of homes sold was down 15% from 2016, with 96 homes sold total this month. Year to ... Read more

  • Highland Park Home Sales For January 2017 Lower 2.2%
    January 2017 Real Estate Market Summary for Highland Park, TX (MLS Area 25)
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 113 150 32.7 113 150 32.7
    Closed Sales (Reported) 46 45 -2.2 46 45 -2.2
    Closed Sales (Projected) 46 51 9.9 46 51 9.9
    Listings Under Contract 53 84 58.5 53 84 58.5
    Average Sales Price $927,596 $1,293,560 39.5 $927,596 $1,293,560 39.5
    Median Sales Price $829,500 $1,315,000 58.5 $829,500 $1,315,000 58.5
    Percent of Original Price Received 93.6 90.9 -2.9 93.6 90.9 -2.9
    Days on Market Until Sale 71 88 24.1 71 88 24.1
    Inventory of Homes for Sale 274 319 16.4
    Months Supply of Inventory 3.6 4.5 25.0

    In January 2017 the number of housing sales saw a dip of 2.2% compared to the same time of year last year, ... Read more

  • Garland Housing Sales For January 2017 Are Down 18.7%
    January 2017 Real Estate Market Summary for Garland, TX (MLS Area 24)
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 169 172 1.8 169 172 1.8
    Closed Sales (Reported) 139 113 -18.7 139 113 -18.7
    Closed Sales (Projected) 139 127 -8.7 139 127 -8.7
    Listings Under Contract 157 154 -1.9 157 154 -1.9
    Average Sales Price $165,620 $173,854 5.0 $165,620 $173,854 5.0
    Median Sales Price $153,500 $163,250 6.4 $153,500 $163,250 6.4
    Percent of Original Price Received 97.9 99.9 2.1 97.9 99.9 2.1
    Days on Market Until Sale 36 25 -31.1 36 25 -31.1
    Inventory of Homes for Sale 227 170 -25.1
    Months Supply of Inventory 1.3 0.9 -26.8

    This month there were 113 housing sales, and this was a drop of 18.7% in contrast to the same time of year 2016. ... Read more

  • Frisco Housing Sales For January 2017 Lower 11.1%
    January 2017 Real Estate Market Summary for Frisco, TX (MLS Area 55)
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 385 348 -9.6 385 348 -9.6
    Closed Sales (Reported) 216 192 -11.1 216 192 -11.1
    Closed Sales (Projected) 216 216 -0.1 216 216 -0.1
    Listings Under Contract 288 256 -11.1 288 256 -11.1
    Average Sales Price $365,596 $421,038 15.2 $365,596 $421,038 15.2
    Median Sales Price $322,500 $348,450 8.0 $322,500 $348,450 8.0
    Percent of Original Price Received 97.1 96.7 -0.4 97.1 96.7 -0.4
    Days on Market Until Sale 48 45 -6.4 48 45 -6.4
    Inventory of Homes for Sale 510 635 24.5
    Months Supply of Inventory 1.5 1.9 25.2

    Reported units sold in January 2017 in Frisco saw a decline of 11.1% relative to January 2016, with 192 reported units sold total ... Read more

  • Farmers Branch Residential Property Sales For January 2017 Are Down 5.9%
    January 2017 Real Estate Market Summary for Farmers Branch, TX
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 179 177 -1.1 179 177 -1.1
    Closed Sales (Reported) 102 96 -5.9 102 96 -5.9
    Closed Sales (Projected) 102 108 5.8 102 108 5.8
    Listings Under Contract 163 166 1.8 163 166 1.8
    Average Sales Price $238,785 $288,930 21.0 $238,785 $288,930 21.0
    Median Sales Price $223,250 $259,250 16.1 $223,250 $259,250 16.1
    Percent of Original Price Received 98.4 97.2 -1.2 98.4 97.2 -1.2
    Days on Market Until Sale 29 31 5.6 29 31 5.6
    Inventory of Homes for Sale 202 200 -1.0
    Months Supply of Inventory 1.1 1.1 -4.6

    In January 2017 the number of housing units sold reached 96, a drop of 5.9% from last year. Year to date there were 96 ... Read more

  • Denton Residential Housing Sales For January 2017 Higher 35%
    January 2017 Real Estate Market Summary for Denton, TX (MLS Area 31)
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 59 63 6.8 59 63 6.8
    Closed Sales (Reported) 35 350.0 35 350.0
    Closed Sales (Projected) 35 39 12.4 35 39 12.4
    Listings Under Contract 49 53 8.2 49 53 8.2
    Average Sales Price $174,196 $234,687 34.7 $174,196 $234,687 34.7
    Median Sales Price $164,900 $205,000 24.3 $164,900 $205,000 24.3
    Percent of Original Price Received 99.1 97.9 -1.2 99.1 97.9 -1.2
    Days on Market Until Sale 31 28 -8.1 31 28 -8.1
    Inventory of Homes for Sale 88 64 -27.3
    Months Supply of Inventory 1.5 1.0 -30.0

    Property sales recorded this month was 350.0, a hike of 35% from January last year. In Denton the number of houses ... Read more

  • Dallas White Rock Residential Home Sales For January 2017 Down 3.2%
    January 2017 Real Estate Market Summary for Dallas White Rock, TX (MLS Area 12)
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 306 327 6.9 306 327 6.9
    Closed Sales (Reported) 157 152 -3.2 157 152 -3.2
    Closed Sales (Projected) 157 171 8.8 157 171 8.8
    Listings Under Contract 238 226 -5.0 238 226 -5.0
    Average Sales Price $319,132 $323,293 1.3 $319,132 $323,293 1.3
    Median Sales Price $282,500 $291,000 3.0 $282,500 $291,000 3.0
    Percent of Original Price Received 95.5 96.0 0.6 95.5 96.0 0.6
    Days on Market Until Sale 51 48 -7.1 51 48 -7.1
    Inventory of Homes for Sale 498 493 -1.0
    Months Supply of Inventory 2.0 1.9 -2.8

    Properties sold in January 2017 in Dallas White Rock had a dip of 3.2% from January last year, with 152 ... Read more

  • Dallas Uptown Including Oaklawn And Turtle Creek Residential Home Sales For January 2017 Are Higher 1.5%
    January 2017 Real Estate Market Summary for Dallas Uptown including Oaklawn and Turtle Creek, TX (MLS Area 17)
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 168 179 6.5 168 179 6.5
    Closed Sales (Reported) 66 67 1.5 66 67 1.5
    Closed Sales (Projected) 66 75 14.1 66 75 14.1
    Listings Under Contract 127 96 -24.4 127 96 -24.4
    Average Sales Price $336,849 $389,596 15.7 $336,849 $389,596 15.7
    Median Sales Price $292,500 $302,000 3.2 $292,500 $302,000 3.2
    Percent of Original Price Received 96.2 95.4 -0.9 96.2 95.4 -0.9
    Days on Market Until Sale 45 46 2.0 45 46 2.0
    Inventory of Homes for Sale 267 337 26.2
    Months Supply of Inventory 2.3 3.1 35.7

    In January 2017 reported houses sold saw an improvement of 1.5% from last year, with 67 reported ... Read more

  • Dallas Northwest Property Sales For January 2017 Higher 71.4%
    January 2017 Real Estate Market Summary for Dallas Northwest, TX (MLS Area 16)
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 81 89 9.9 81 89 9.9
    Closed Sales (Reported) 35 60 71.4 35 60 71.4
    Closed Sales (Projected) 35 67 92.6 35 67 92.6
    Listings Under Contract 61 63 3.3 61 63 3.3
    Average Sales Price $274,598 $368,147 34.1 $274,598 $368,147 34.1
    Median Sales Price $254,620 $337,500 32.6 $254,620 $337,500 32.6
    Percent of Original Price Received 95.9 97.0 1.1 95.9 97.0 1.1
    Days on Market Until Sale 43 32 -24.9 43 32 -24.9
    Inventory of Homes for Sale 122 130 6.6
    Months Supply of Inventory 1.9 2.0 4.2

    Reported houses sold in January 2017 reached 60, a climb of 71.4% relative to last year. In Dallas Northwest year ... Read more

  • Dallas North Residential Home Sales For January 2017 Are Down 4.1%
    January 2017 Real Estate Market Summary for Dallas North, TX (MLS Area 11)
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 129 154 19.4 129 154 19.4
    Closed Sales (Reported) 49 47 -4.1 49 47 -4.1
    Closed Sales (Projected) 49 53 7.8 49 53 7.8
    Listings Under Contract 59 86 45.8 59 86 45.8
    Average Sales Price $679,452 $592,009 -12.9 $679,452 $592,009 -12.9
    Median Sales Price $600,000 $500,000 -16.7 $600,000 $500,000 -16.7
    Percent of Original Price Received 94.3 95.2 1.0 94.3 95.2 1.0
    Days on Market Until Sale 44 51 14.9 44 51 14.9
    Inventory of Homes for Sale 267 283 6.0
    Months Supply of Inventory 3.1 3.4 10.1

    In January 2017 reported houses sold was down 4.1% from last year, with 47 reported houses sold total this month. Year to ... Read more

  • Coppell Residential Housing Sales For January 2017 Up 20.7%
    January 2017 Real Estate Market Summary for Coppell, TX (MLS Area 31)
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 47 54 14.9 47 54 14.9
    Closed Sales (Reported) 29 35 20.7 29 35 20.7
    Closed Sales (Projected) 29 39 35.6 29 39 35.6
    Listings Under Contract 33 37 12.1 33 37 12.1
    Average Sales Price $420,010 $402,655 -4.1 $420,010 $402,655 -4.1
    Median Sales Price $410,200 $410,000 -0.0 $410,200 $410,000 -0.0
    Percent of Original Price Received 95.8 96.5 0.7 95.8 96.5 0.7
    Days on Market Until Sale 71 50 -30.3 71 50 -30.3
    Inventory of Homes for Sale 77 83 7.8
    Months Supply of Inventory 1.6 1.7 1.8

    In Coppell the number of real estate sales in January 2017 was at 35, a hike of 20.7% compared to 2016. There were ... Read more

  • Celina Housing Sales For January 2017 Lower 36.4%
    January 2017 Real Estate Market Summary for Celina, TX (MLS Area 60)
    Month Year to Date
    2017 2016 % Change 2017 2016 % Change
    New Listings 43 56 30.2 43 56 30.2
    Closed Sales (Reported) 22 14 -36.4 22 14 -36.4
    Closed Sales (Projected) 22 16 -28.5 22 16 -28.5
    Listings Under Contract 35 12 -65.7 35 12 -65.7
    Average Sales Price $378,225 $535,692 41.6 $378,225 $535,692 41.6
    Median Sales Price $309,400 $414,845 34.1 $309,400 $414,845 34.1
    Percent of Original Price Received 97.3 93.7 -3.8 97.3 93.7 -3.8
    Days on Market Until Sale 74112 49.9 74 112 49.9
    Inventory of Homes for Sale 78 147 88.5
    Months Supply of Inventory 2.5 4.7 85.9

    This month real estate sales reached 14, a down-slide of 36.4% from last year. In Celina there was a decrease of 36.4% in ... Read more

Click Here for Older Posts
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