Lewisville, Texas Home Values report for November 2014

In Lewisville, 290 properties sold this month, which is a 12% dip from the previous month. Year-to-date, houses sold dipped 1% compared to the same month last year, with 4,250 homes sold.

New homes listed in November of this year in Lewisville increased 1%, with 310 houses listed this month. Cumulatively this year there have been 5,459 new homes listed overall. So far this year, home sales increased 2% relative to the same month last year. Listed homes under contract this month in Lewisville dropped 8%, with 262 properties currently listed under contract. Listed homes under contract so far this year gained 1% relative to the same month last year, with 4,375 homes sold this year. This month, the average sales price was approximately $279,918, which is a 11% increase from last month. Year-to-date, home sales climbed 7% compared to the same month last year, with the average home sales price at $281,251.

In November of this year, buyers received 96.9% of their asking price, which is a 0% upturn from last month. So far this year, buyers got 97.5% of their original price, which is a 0% increase from a year ago. The days on market until sale during November in Lewisville rose 19%, at 53 number of days on market until sale. Year-to-date, homes spent about 40 days in the market until sold., which is a 4% dip from a year ago. There was a 1.9 month supply of houses in November 2014. The month supply of homes this November in Lewisville fell 13%.

Lewisville real estate information, known as MLS Area 41:, is reported by area in the North Texas Real Estate Information System. The information in this report is believed reliable, but is only as accurate as reported by the system in the month of November 2014.

The DFW area is also known as the Dallas Fort Worth Metropolitan Statistical Area, a title designated by the U.S. Census Bureau, which encompasses 12 counties within the state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth. It is comprised of over 70 cities, both incorporated and unincorporated. The DFW Metroplex is, by population, the largest metropolitan area in Texas, the largest in the South, the fourth-largest in the United States, and the tenth-largest in the Americas. The DFW Metroplex encompasses over 9,000 square miles of total area, making it larger in area than the states of Rhode Island and Connecticut, combined. It also has the sixth- largest gross metropolitan product (GMP) in the United States, and is approximately tenth-largest by GMP in the world.

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Lewisville Texas Real  Estate November 2014


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