Little Elm, Texas home sales increase 5% this month

Home sales in December of this year in Little Elm rose 5%, with 172 properties sold in December of this year. Cumulatively this year, home sales rose 19% relative to the same period last year, with 1,805 homes sold so far this year.

In December of this year, 154 new properties were listed in Little Elm. New homes listed this month in Little Elm rose 43%. In total for this year, new home properties listed have reached 2,716 in all. New houses listed grew 28% relative to the same period last year. Little Elm current listings under contract reached 133 homes in December of this year, a 20% upturn from a month ago. Year-to-date, listed homes under contract are at 2,215 in all, which is a 20% growth compared to the same period last year. So far this year, the average price for a home was approximately $258,363, which is a 9% rise from last year. The average home sales price in Little Elm climbed 3% in December 2015 .

Year-to-date, the percentage of asking price received rose 1% compared to the same month last year, with percentage of original list prices received at 98%. The percentage of original list prices received in Little Elm went up 0% this month, with percentage of asking price received at 96%. The days on market until sale in December 2015 in Little Elm went down 3%, at 50 days on market until sale. Days on market until sale year-to-date decreased 17% relative to the same period last year, at 37 days on market until sale. The market supply of homes this December in Little Elm gained 14%, with the current supply of active listings on the market at 319 properties. The month supply of houses in Little Elm went down 4%, with a 1.8 month supply of houses on the market.

Little Elm is one of many divisions analyzed by the North Texas Real Estate Information System. The MLS Area for Little Elm is 31. There are 13 counties and two major metropolitan regions in DFW – Dallas-Plano-Irving and Fort Worth – which stretch across over 9,000 square miles. DFW is sixth largest by Gross Metropolitan Product in the United States, and is about tenth largest by GMP in the world. The Dallas Fort-Worth metroplex is the most populous metropolitan region in Texas and in the South. It ranks fourth in the United States and tenth in the Americas.

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Little Elm Texas Real Estate December 2015


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