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. Year to date there was a fall of 7.3% in properties sold in Lewisville in contrast to January last year. There were 216 properties sold total this year. Projected units sold this month was up 4.2%, with 243 projected units sold total this month. There was an increase of 4.2% in projected homes sold year to date. There were 243 projected homes sold total this year. This month there was a down-slide of 21.7% in the number of new homes in Lewisville. There were 336 new homes total this month. Year to date there were 336 new properties, and this was a decrease of 21.7%. Listings under contract in January 2017 was 319 total, a decrease of 3.9% compared to the same month last year. Year to date in Lewisville the number of listings under contract experienced a decrease of 3.9% in contrast to the same month 2016, with 319 listed under contract total this year. In January 2017 there was a slump of 23.8% in the number of months supply of real estate inventory. There were 1.3 months supply of real estate inventory total this month. This month houses for sale in the market showed a fall of 24.3%, with 541 listed for sale total. In Lewisville there was a decrease of 2% in the number of days on market until sale in January 2017 in contrast to the same month 2016. There were 45 days on market until sale total this month. The total percent of original list price received in January 2017 had an uptick of 0.7%, with 97.3 percent total. Year to date percent of original list price received showed an uptick of 0.7%, with 97.3 percent total this year.

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Lewisville Texas Real Estate January 2017

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