Celina Residential Home Sales For December 2016 Lower 40.4%

December 2016 Real Estate Market Summary for Celina, TX (MLS Area 60)
Month Year to Date
2016 2015 % Change 2016 2015 % Change
New Listings 35 22 -37.1 581 524 -9.8
Closed Sales (Reported) 47 28 -40.4 358 379 5.9
Closed Sales (Projected) 47 31 -33.1 358 382 6.8
Listings Under Contract 23 15 -34.8 381 365 -4.2
Average Sales Price $305,143 $335,482 9.9 $308,016 $385,861 25.3
Median Sales Price $281,800 $345,750 22.7 $271,580 $343,668 26.5
Percent of Original Price Received 97.2 93.4 -3.9 96.4 96.5 0.2
Days on Market Until Sale 34 71 110.6 46 60 29.5
Inventory of Homes for Sale 76 117 53.9
Months Supply of Inventory 2.5 3.7 45.4

The number of housing sales this month had a slump of 40.4% from 2015, with 28 sold total. The number of reported homes sold year to date was at 379, a gain of 5.9% relative to 2015. The number of projected property sales in December 2016 in Celina reached 31 total, a drop of 33.1%. In Celina projected property sales year to date experienced an improvement of 6.8%, with 382 projected total this year. In December 2016 there was a drop of 37.1% in the number of newly listed housing units in the market. There were 22 newly listed housing units in the market total this month. There was a decline of 9.8% in the number of new units year to date. There were 524 new units this year. This month listings under contract in Celinan underwent a drop of 34.8% from last year, with 15 listed under contract total. Contract listings year to date dwindled 4.2% relative to the same time of year last year, with 365 contract listings this year. There was a gain of 45.4% in the number of approximate months supply of inventory this month. There were 3.7 approximate months supply of inventory total this month. This month there was an uptick of 53.9% in the number of homes for sale in Celina. There were 117 homes for sale total this month. In Celina there was a growth of 110.6% in the number of days on market until sale in December 2016 from last year. There were 71 days on market until sale total this month. The total percent of original asking price received in Celina this month reached 93.4 total, a decline of 3.9%. Percent of original list price received year to date saw an improvement of 0.2%, with 96.5 percent of original list price received this year.

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Celina Texas Real Estate December 2016

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