Lewisville Home Sales For November 2016 Higher 4%

November 2016 Real Estate Market Summary for Lewisville, TX (MLS Area 41)
Month Year to Date
2016 2015 % Change 2016 2015 % Change
Closed Sales (Reported) 297 309 4.0 4416 4458 1.0
Closed Sales (Projected) 297 347 16.9 4416 4496 1.8
Listings Under Contract 301 299 -0.7 4630 4539 -2.0
Average Sales Price $308,414 $324,049 5.1 $308,858 $333,633 8.0
Median Sales Price $283,575 $283,700 0.0 $270,000 $286,000 5.9
Percent of Original Price Received 97.2 97.4 0.2 98.4 98.3 -0.0
Days on Market Until Sale 48 38 -20.8 34 37 7.8
Inventory of Homes for Sale 844 677 -19.8
Months Supply of Inventory 2.1 1.7 -22.0

This month in Lewisville properties sold saw a rise of 4% from last year, with 309 sold total. There were 4458 home sales reported year to date, and this was a rise of 1% from 2015. There were 347 projected home sales this month, which was an increase of 16.9%. Year to date the number of projected homes sold in Lewisville underwent a gain of 1.8%, with 4496 projected total this year. In November 2016 the number of new listings grew 0.6%, with 336 new listings this month. Year to date there were 5435 new listings in Lewisville, which was a decrease of 5%. The number of listings under contract in November 2016 reached 299 total, a decrease of 0.7% from last year. Year to date there were 4539 listings under contract in Lewisville, and this was a fall of 2% from November 2015. In November 2016 the number of approximate months supply of inventory in Lewisville showed a drop of 22%, with 1.7 months supply total. Homes for sale in November 2016 reached 677 total, a slump of 19.8%. In Lewisville in November 2016 days on market until sale was 38, a decrease of 20.8% relative to the same time of year 2015. In November 2016 the total percent of original list price received was at 97.4, a climb of 0.2%. Percent of asking price received in Lewisville year to date had no difference, with 98.3 percent total this year.

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Lewisville Texas Real Estate November 2016

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