Home Sales Trends in the Wellington Trace subdivision – Little Elm, Texas

Home sales in the Wellington Trace subdivision in Little Elm, Texas have been brisk in 2012, with 5 homes sold. The homes sold were built between the years of 2006 and 2008, and the average sales price for a home in the Wellington Trace subdivision was $128,417.

The lowest sale was at $121,000 and the highest sale was at $137,500. The average size of a home in the Wellington Trace subdivision is 2,120 sq. ft., with the smallest at 1,554 sq. ft. and the largest at 3,386 sq. ft. Homes in the Wellington Trace subdivision sold, on average, in 98 days. The quickest sale took 91 days and the longest sale 101 days. The average price per square foot for a home Wellington Trace subdivision is $63.88.

The Wellington Trace subdivision is located in Little Elm, Texas, a city of 25,898 people founded in 1966. Little Elm is roughly 18.6 square miles in size near Lake Lewisville. The population of Little Elm grew by 610% between 2000 and 2010, ballooning from 3,646 to 25,898, making the city one of the fastest growing in not only the state of Texas but also the United States . Little Elm is located in Denton County Texas on the far northwest side of Dallas.

Overall home sales in Little Elm, Texas are at 4033 homes sold, with an average sales price of $297,240. On average, sellers received 95% of their asking price, with homes spending an average of 65 days on the market. Little Elm is known as area 31 in the North Texas Real Estate Information System. This information is believed reliable but is only as accurate as reported by the system in the month of October 2012.

DFW Team Realty is your local expert specializing in home sales in the Wellington Trace subdivision, as well as Home Foreclosures, and Short Sales in the Wellington Trace subdivision. If you are looking to buy or sell a home in the Wellington Trace subdivision, contact DFW Team Realty.

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This data was last updated on: 9/2/14 6:47 PM PDT

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