Coppell, Texas home sales growth 32% January, 2016

During January, there were 22 houses sold in Coppell, a 32% gain from last month. This year there have been 22 home sales in all, which is a 32% upturn from last year.

New real estate listings climbed 42% relative to the same period last year, with 22 houses sold. There were 47 new housing listings this month, a 42% growth from the previous month. Year-to-date there have been 29 listings under contract total, which is a 12% fall relative to the same period last year. Listings under contract in Coppell decreased 12% this January, with 29 houses currently listed under contract this month. The average home sales price was approximately $420,010 in total for this year, which is a 17% growth from last year. The average price for a house was about $420,010 during January, which is a 17% rise from a month ago.

Percentage of asking price received year-to-date increased 2% compared to the same period last year, with percentage of original list prices received at 96%. The percentage of original list prices received in Coppell grew 0% this month, with buyers receiving 96% of their list price. Days on market until sale year-to-date decreased 4% relative to the same month last year, at 71 days on market until sale. The days on market until sale during January in Coppell went down 4%, at 71 days on market until sale. The market inventory of available homes was 73 properties. The market supply of homes this January in Coppell dipped 20%. The month supply of houses in Coppell decreased 20% this January, with a 1.6 month supply of homes on the market.

MLS Area 31 is the Multiple Listing Service Access number for Coppell, as designated by the North Texas Real Estate Information System. The DFW metroplex is made up of 13 counties and two major metropolitan regions – Dallas-Plano-Irving and Fort Worth – in an area of over 9,000 quare miles. DFW is the most populous metropolitan area in Texas and in the South. It ranks fourth in the United States and tenth in the Americas. The Dallas Fort-Worth area is sixth largest by Gross Metropolitan Product in the United States, and is about tenth largest by GMP in the world.

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Coppell Texas Real Estate January 2016


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