Little Elm, Texas Home Values report for November 2015

This month, there were 117 home sales in Little Elm, a 9% rise from last month. Home sales overall this year increased 21% compared to the same month last year, with 1,633 properties sold this year.

Year-to-date, housing sales increased 27% relative to the same period last year, with 1,633 homes sold this year. New houses listed in November 2015 in Little Elm gained 36%, with 193 houses listed this November. Current listings under contract in November of this year in Little Elm went up 34%, with 183 houses currently listed under contract. Year-to-date there have been 2,092 listings under contract overall, which is a 21% gain from last year. The average sales price was approximately $274,741 this November, a 19% upturn from a month ago. So far this year, the average sales price was approximately $257,445, which is a 10% upturn from a year ago.

The average percentage of asking price received year-to-date is 98%, which is a 1% growth relative to the same month last year. This month, buyers got 98% of their list price, which is a 0% growth from last month. The days on market until sale in Little Elm declined 15%, at 39 days on market until sale. So far this year, the number of days on market until sale was about 36 days, which is a 18% decline compared to the same period last year. The market inventory of available homes was 331 properties. The current supply of active listings on the market in Little Elm rose 2%. This month there was a 1.9 month supply of available homes on the market, which is a 17% decrease from last month.

Little Elm real estate information, known as MLS Area 31, 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 2015.

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.

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

Little Elm Texas Real Estate November 2015

This month, there were 117 home sales in Little Elm, a 9% rise from last month. Home sales overall this year increased 21% compared to the same month last year, with 1,633 properties sold this year.

Year-to-date, housing sales increased 27% relative to the same period last year, with 1,633 homes sold this year. New houses listed in November 2015 in Little Elm gained 36%, with 193 houses listed this November. Current listings under contract in November of this year in Little Elm went up 34%, with 183 houses currently listed under contract. Year-to-date there have been 2,092 listings under contract overall, which is a 21% gain from last year. The average sales price was approximately $274,741 this November, a 19% upturn from a month ago. So far this year, the average sales price was approximately $257,445, which is a 10% upturn from a year ago.

The average percentage of asking price received year-to-date is 98%, which is a 1% growth relative to the same month last year. This month, buyers got 98% of their list price, which is a 0% growth from last month. The days on market until sale in Little Elm declined 15%, at 39 days on market until sale. So far this year, the number of days on market until sale was about 36 days, which is a 18% decline compared to the same period last year. The market inventory of available homes was 331 properties. The current supply of active listings on the market in Little Elm rose 2%. This month there was a 1.9 month supply of available homes on the market, which is a 17% decrease from last month.

Little Elm real estate information, known as MLS Area 31, 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 2015.

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.

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

Little Elm Texas Real Estate November 2015

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