Lewisville Residential Property Sales For December 2016 Are Lower 13.8%

December 2016 Real Estate Market Summary for Lewisville, TX (MLS Area 41)
Month Year to Date
2016 2015 % Change 2016 2015 % Change
New Listings 267 246 -7.9 5990 5681 -5.2
Closed Sales (Reported) 399 344 -13.8 4815 4812 -0.1
Closed Sales (Projected) 399 387 -3.1 4815 4855 0.8
Listings Under Contract 274 235 -14.2 4904 4774 -2.7
Average Sales Price $345,537 $316,483 -8.4 $311,898 $332,525 6.6
Median Sales Price $270,000 $273,950 1.5 $270,000 $285,000 5.6
Percent of Original Price Received 97.1 97.8 0.7 98.3 98.3 0.0
Days on Market Until Sale 44 37 -15.6 35 37 5.6
Inventory of Homes for Sale 706 585 -17.1
Months Supply of Inventory 1.8 1.5 -17.1

Properties sold in December 2016 was down 13.8% from the same time of year last year, with 344 properties sold total this month. Year to date there were 4812 properties sold, and this was a decrease of 0.1% in contrast to December last year. This month projected homes sold was 387 total, a decline of 3.1%. Year to date projected houses sold reached 4855 total, a gain of 0.8%. In Lewisville there were 246 new housing unit listings in the market this month, and this was a drop of 7.9%. Year to date the number of new residential properties listed was at 5681, a slump of 5.2%. This month there were 235 properties listed under contract in Lewisville, which was a decrease of 14.2% compared to last year. Year to date there were 4774 properties listed under contract, and this was a fall of 2.7% from last year. In December 2016 there were 1.5 approximate months supply of residential properties on the market, and this was a decline of 17.1%. In December 2016 there was a slump of 17.1% in houses for sale. There were 585 houses for sale total this month. The number of days on market until sale in December 2016 in Lewisville reached 37, a drop of 15.6% compared to the same period last year. This month percent of list price received showed a growth of 0.7%, with 97.8 percent total. The number of percent of original asking price received year to date had no change, with 98.3 percent total this year.

You can register on our website to have monthly updates on your city and neighborhood automatically emailed to you from DFW Team Realty. Search Lewisville Texas homes, foreclosures, and short sales to find homes in Lewisville. This service is FREE and available without any obligation from DFWTeamRealty.com.

Lewisville Texas Real Estate December 2016

By

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