|Month||Year to Date|
|2016||2015||% Change||2016||2015||% Change|
|Closed Sales (Reported)||134||178||32.8||243||295||21.4|
|Closed Sales (Projected)||134||200||49.3||243||317||30.5|
|Listings Under Contract||170||233||37.1||319||412||29.2|
|Average Sales Price||$243,188||$268,764||10.5||$241,892||$268,699||11.1|
|Median Sales Price||$220,250||$245,544||11.5||$220,988||$250,000||13.1|
|Percent of Original Price Received||98.0||97.6||-0.4||97.5||97.3||-0.3|
|Days on Market Until Sale||38||42||11.8||45||43||-4.9|
|Inventory of Homes for Sale||268||329||22.8|
|Months Supply of Inventory||1.7||1.8||2.9|
In Little Elm this month the number of real estate sales reported was 178 total, a growth of 32.8% compared to last year. In Little Elm there were 295 real estate sales reported year to date, which was an uptick of 21.4% from last year. Projected properties sold in February 2016 saw a growth of 49.3%, with 200 projected total. Year to date there were 317 projected real estate sales in Little Elm, which was a growth of 30.5%. This month new listings in the market was up 72.2%, with 279 new listings in the market this month. Year to date there were 472 new house listings in the market, which was a rise of 33.3%. In Little Elm in February 2016 the number of listings under contract was higher 37.1% relative to 2015, with 233 listings under contract this month. In Little Elm there were 412 houses listed under contract year to date, which was an uptick of 29.2% from last year. The number of approximate months supply of homes on the market this month underwent an improvement of 2.9%, with 1.8 months of supply total. There were 329 units for sale in February 2016, and this was an increase of 22.8%. In February 2016 there was an uptick of 11.8% in days on market until sale in Little Elm compared to last year. There were 42 days on market until sale total this month. Percent of list price received this month experienced a fall of 0.4%, with 97.6 percent total. Year to date the number of percent of list price received in Little Elm saw a down-slide of 0.3%, with 97.3 percent total this year.
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By Bob Baesmann