Lucas Housing Sales For November 2016 Are Higher 11.5%

November 2016 Real Estate Market Summary for Lucas, TX (MLS Area 52)
Month Year to Date
2016 2015 % Change 2016 2015 % Change
Closed Sales (Reported) 26 29 11.5 354 336 -5.1
Closed Sales (Projected) 26 33 25.3 354 340 -4.1
Listings Under Contract 19 21 10.5 362 351 -3.0
Average Sales Price $385,344 $518,372 34.5 $464,634 $529,184 13.9
Median Sales Price $325,000 $406,000 24.9 $396,250 $456,750 15.3
Percent of Original Price Received 98.4 94.5 -4.0 97.2 97.4 0.2
Days on Market Until Sale 19 46 142.5 42 43 2.2
Inventory of Homes for Sale 94 108 14.9
Months Supply of Inventory 3.0 3.5 17.7

This month there were 29 houses sold, and this was a rise of 11.5% compared to last year. In Lucas year to date the number of reported homes sold was at 336, a drop of 5.1% compared to the same month last year. Projected properties sold in November 2016 had a climb of 25.3%, with 33 projected total. Year to date there was a decline of 4.1% in projected housing units sold in Lucas. There were 340 projected housing units sold total this year. In Lucas in November 2016 newly listed homes saw a gain of 30%, with 39 newly listed homes total this month. There were 483 newly listed houses in the market year to date, and this was a climb of 0.8%. In Lucas there was an uptick of 10.5% in houses listed under contract in November 2016 from 2015. There were 21 houses listed under contract total this month. Properties listed under contract year to date showed a down-slide of 3% from 2015, with 351 on contract total this year. In Lucas in November 2016 months supply of residential housing inventory was higher 17.7%, with 3.5 months supply of residential housing inventory this month. This month homes for sale in the market had an increase of 14.9%, with 108 listed in the market total. In November 2016 the number of days on market until sale in Lucas grew 142.5% in contrast to the same time of year last year, with 46 days on market until sale total this month. In Lucas this month percent of original list price received reached 94.5, a fall of 4%. Percent of original asking price received year to date in Lucas was at 97.4, an increase of 0.2%.

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Lucas Texas Real Estate November 2016

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Lucas Residential Property Sales For February 2016 Higher 42%

February 2016 Real Estate Market Summary for Lucas, TX (MLS Area 52)
Month Year to Date
2016 2015 % Change 2016 2015 % Change
Closed Sales (Reported) 23 230.0 42 33 -21.4
Closed Sales (Projected) 23 26 12.4 42 36 -14.7
Listings Under Contract 26 25 -3.8 49 50 2.0
Average Sales Price $466,025 $403,550 -13.4 $445,471 $440,333 -1.2
Median Sales Price $414,000 $370,000 -10.6 $362,500 $375,000 3.4
Percent of Original Price Received 98.7 97.7 -0.9 97.6 97.1 -0.4
Days on Market Until Sale 52 57 10.2 61 56 -7.8
Inventory of Homes for Sale 63 86 36.5
Months Supply of Inventory 2.1 2.7 30.3

This month the number of real estate sales recorded showed a hike of 42% from February 2015, with 230.0 sold total. Year to date there were -21.4 residential property sales in Lucas, and this was no difference compared to the same month 2015. This month there were 26 projected houses sold, and this was an increase of 12.4%. Year to date there were 36 projected residential property sales, and this was a decline of 14.7%. In February 2016 there was a growth of 62.5% in the number of newly listed units. There were 39 newly listed units total this month. Year to date there was a rise of 24.5% in the number of new housing units. There were 66 new housing units this year. This month the number of homes listed under contract showed a fall of 3.8% from February last year, with 25 listed under contract total. Year to date contract listings in Lucas was at 50, a gain of 2% from 2015. In February 2016 the number of months supply of housing inventory in Lucas underwent a rise of 30.3%, with 2.7 months supply total. There was a rise of 36.5% in the number of homes for sale in the market this month. There were 86 homes for sale in the market total this month. This month there was a climb of 10.2% in days on market until sale in Lucas compared to last year. There were 57 days on market until sale total this month. In Lucas in February 2016 percent of original list price received was 97.7, a fall of 0.9%. Percent of original asking price received in Lucas year to date reached 97.1 total, a fall of 0.4%.

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Lucas Texas Real Estate February 2016

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Lucas, Texas housing sales gain 55% this month

So far this year there have been 359 homes sold total, which is a 7% gain from a year ago. Home sales during December in Lucas rose 55%, with 20 houses sold in December of this year.

New housing listings during December in Lucas grew 14%, with 24 houses listed this December. In total for this year, homes sold went up 7% relative to the same month last year, with 359 houses sold this year. The number of listed homes under contract in Lucas decreased 15%, with 17 houses currently listed under contract. So far this year, houses sold climbed 6% compared to the same month last year, with 379 homes sold. Year-to-date, the average selling price for houses in Lucas was about $459,784, which is a 10% growth from a year ago. This December, the average sales price for homes in Lucas was approximately $404,391, a 10% drop from the previous month.

In total for this year, the percentage of original list prices received grew 0% compared to the same period last year, with buyers receiving 97% of their asking price. The percentage of original list prices received in Lucas rose 0% during December, with percentage of original list prices received at 97%. The days on market until sale in Lucas increased 33% in December of this year, at 45 days on market until sale. Days on market until sale overall this year went up 5% relative to the same period last year, at 43 days on market until sale. This month, the current supply of active listings on the market for properties in Lucas was 87 properties, which is a 24% gain from a month ago.There was a 2.7 month supply of homes in December of this year, which is a 16% surge from a month ago.

MLS Area 52 is the Multiple Listing Service Access number for Lucas, as designated by the North Texas Real Estate Information System. The Dallas Fort-Worth area is composed of 13 counties and two major metropolitan divisions – Dallas-Plano-Irving and Fort Worth – in an area of over 9,000 square miles. The DFW area is, in terms of 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. DFW is sixth largest by Gross Metropolitan Product 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. Search Lucas Texas homes, foreclosures, and short sales to find homes in Lucas. This service is FREE and available without any obligation from DFWTeamRealty.com.

Lucas Texas Real Estate December 2015

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Lucas, Texas Home Values report for November 2015

In November 2015, Lucas houses sold rose 67%, with 15 homes sold. During 2015 there have been 339 houses sold in all, which is a 4% upturn relative to the same period last year.

In total for this year, new home properties listed are at 480 total. Year-to-date, home sales increased 7% relative to the same month last year. This month, 31 new houses were listed in Lucas, a 41% growth from last month. The number of listed homes under contract in Lucas declined 6%, with 17 houses currently listed under contract. In total for this year, current listings under contract are at 359 in all, which is a 6% growth relative to the same period last year. Year-to-date, homes sold climbed 11% compared to the same month last year, with the average price for a home at $460,556. This month, the average home sales price for homes in Lucas was approximately $371,158, a 15% dip from the previous month.

In November 2015, buyers received 99% of their original price, which is a 0% increase from last month. Percentage of asking price received year-to-date rose 0% compared to the same period last year, with percentage of asking price received at 97%. So far this year, the number of days on market until sale was approximately 42 days, which is a 1% surge from a year ago. The days on market until sale this month in Lucas dipped 63%, at 19 days on market until sale. The market inventory of available homes was 95 houses, a 20% rise from a month ago.There was a 3.1 month supply of homes this month. The month supply of homes this month in Lucas grew 16%.

Lucas real estate information, known as MLS Area 52, 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. SearchLucas Texas homes, foreclosures, and short sales to find homes in Lucas. This service is FREE and available without any obligation from DFWTeamRealty.com.

Lucas Texas Real Estate November 2015

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Lucas, Texas Home Values report for December 2014

During December, there were 20 home sales in Lucas, which is a 0% gain from the previous month. So far this year, homes sold have reached 357, which is a 6% drop relative to the same period last year.

Year-to-date, new houses listed are at 470 overall, which is a 2% drop from last year. During December, 20 new homes were listed in Lucas, a 31% dip from last month. Year-to-date there have been 358 listed homes under contract overall, which is a 7% fall relative to the same month last year. Listed houses under contract this December in Lucas decreased 9%, with 20 properties currently listed under contract. The average price for a home year-to-date climbed 4% relative to the same month last year, the average price for a home being $418,767. In December 2014, the average price for a house was about $451,391, a 28% surge from last month.

The average percentage of original list prices received year-to-date is 97%, which is a 0% upturn from last year. The percentage of original list prices received by buyers during December went up 0%, with percentage of asking price received at 99%. Days on market until sale overall this year fell 17% relative to the same month last year, at 43 days on market until sale. The days on market until sale during December in Lucas rose 70%, at 45 days on market until sale. In December of this year, the current supply of active listings on the market was 65 properties, a 6% decline from the previous month.There was a 2.2 month supply of homes in December 2014. The month supply of available homes in Lucas increased 0%.

Lucas real estate information, known as MLS Area 52, 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 December 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.

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

Lucas Texas Real Estate December 2014

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Lucas home sales were up 50% in January 2014

Lucas home sales were up 50% in January 2014 compared to the same month last year with 21 homes selling this month. So far this year, there have been 21 home sales, which is an increase of 50% from last year.

New real estate listings in the Lucas area have increased 58%, with 38 homes listed this month, compared to the same period last year. So far this year, overall home listings have increased 58%, with 38 homes listed. The number of listings under contract decreased 13% this month, with 20 homes contracted. The number of listings under contract for the year to date decreased 13%, with 20 homes under contract. The current supply of active listings on the market this month was 75 homes, a 6% decrease from the same month last year. There was a 2 month supply of homes on the market, which is a 21% decrease from last year.

The average sales price of a home in the Lucas area this month was $299,333, down 12% from this month last year. For the year 2014, the average sales price was down 12%, at $299,333. On average, sellers have received 95% of their asking price this month, which is an increase of 2% from last year. For the year to date, sellers received 95% of their asking price, a change of 2%. This month, homes spent an average of 43 days on the market until sold, which represents a decrease of 38% from last year. For the year to date, the average number of days on the market was 43, a decrease of 38%.

Lucas real estate information, known as MLS Area 52, 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 January 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.

You can register on our website to have monthly updates on your city and neighborhood automatically emailed to you from the Lucas Home Values Report. Search Lucas Texas homes, foreclosures, and short sales to find homes in Lucas. Research current Lucas home values at Lucas Home Values. This service is FREE and available without any obligation from DFWTeamRealty.com.

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Lucas Texas Real Estate January 2014

Lucas home sales were down 17% in December 2013

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Lucas home sales were down 17% in December 2013 compared to the same month last year with 20 homes selling this month. So far this year, there have been 378 home sales, which is an increase of 16% from last year.

New real estate listings in the Lucas area have increased 250%, with 28 homes listed this month, compared to the same period last year. So far this year, overall home listings have increased 8%, with 478 homes listed. The number of listings under contract increased 27% this month, with 19 homes contracted. The number of listings under contract for the year to date increased 17%, with 381 homes under contract. The current supply of active listings on the market this month was 69 homes, a 19% decrease from the same month last year. There was a 2 month supply of homes on the market, which is a 30% decrease from last year.

The average sales price of a home in the Lucas area this month was $352,798, up 6% from this month last year. For the year 2013, the average sales price was up 1%, at $400,120. On average, sellers have received 98% of their asking price this month, which is an increase of 2% from last year. For the year to date, sellers received 96% of their asking price, a change of 1. This month, homes spent an average of 29 days on the market until sold, which represents a decrease of 38% from last year. For the year to date, the average number of days on the market was 53, a decrease of 22%.

Lucas real estate information, known as MLS Area 52, 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 December 2013.

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 the Lucas Home Values Report. Search Lucas Texas homes, foreclosures, and short sales to find homes in Lucas. Research current Lucas home values at Lucas Home Values. This service is FREE and available without any obligation from DFWTeamRealty.com.

Lucas Texas Real Estate December  2013

Lucas Texas Real Estate Sales were up 18% in October 2012

Lucas Texas Real Estate Sales were up 18% in October 2012 over the same month last year with 26 homes selling this month! For the year to date, overall home sales were at 272 homes sold, with a 13% change from last year.

The Texas home market for the fourth quarter 2012 in the DFW Metroplex is overall improved over the last year. With both prices and interest rates at historic lows, this is an idea time to purchase for both new home owners and current home owners moving to larger homes. It is key to have your financing and prequalification work in process to insure a smooth transaction.

New Lucas Texas real estate listings experienced a -3% change for the same period last year with 31 homes listed this month. For the year to date, overall home listings underwent a 7% change with 390 homes listed this year. Listings pending sales this month underwent a 85% change, with 24 homes contracted. Listings under contract for the year to date experienced a 17% change, with 278 homes under contract for this month.

The average sales price of a home in Lucas was $413,675, a 42% change from this month last year. Overall, for 2012, the average sales price was $397,089, a 7% change. Sellers received 96% of their asking price this month, which is a 1% change from last year. For year to date, sellers received 96% of their asking price, which is a 2% change. This month, homes spent an average of 70 days on the market until sold, which was a -41% change from last year. For the year to date, the average number of days on the market was 78, an overall change of -25%.

The current supply of active listings on the market this month was 86 homes. This is a change of -24% from the same month last year. This month there was a 3.3 month supply of homes on the market; this was a -33% change from last year. Lucas real estate is known as area 50 in the North Texas Real Estate Information System. Information is believed reliable but is only as accurate as reported by the system in the month of October 2012.

Register online to have monthly updates on your city and neighborhood automatically emailed to you from Lucas Real Estate. Search Lucas Texas homes, Lucas Texas foreclosures, and Lucas Texas short sales and find Homes in Lucas. Research current Lucas home values at DFW Home Values Report.com. This service is FREE and available without any obligation from DFWTeamRealty.com.

The DFW Metroplex is also known as Dallas Fort Worth Arlington Metropolitan Statistical Area, a title designated by the U.S. Census which encompasses 12 counties within the U.S. state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth Arlington and is comprised of over 70 area 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 U.S. states of Rhode Island and Connecticut combined. It is also the sixth largest gross metropolitan product (GMP) in the United States, and is approximately tenth largest by GMP in the world.

Lucas Texas Real Estate Market Reports

Lucas Texas Real Estate Sales were up 52% in September 2012

Lucas Texas Real Estate Sales were up 52% in September 2012 over the same month last year with 32 homes selling this month! For the year to date, overall home sales were at 244 homes sold, with a 11% change from last year.

The Texas home market for the third quarter 2012 in the DFW Metroplex is overall improved over the last year. With both prices and interest rates at historic lows, this is an idea time to purchase for both new home owners and current home owners moving to larger homes. It is key to have your financing and prequalification work in process to insure a smooth transaction.

New Lucas Texas real estate listings experienced a 13% change for the same period last year with 27 homes listed this month. For the year to date, overall home listings underwent a 8% change with 359 homes listed this year. Listings pending sales this month underwent a 6% change, with 17 homes contracted. Listings under contract for the year to date experienced a 13% change, with 254 homes under contract for this month.

The average sales price of a home in Lucas was $467,022, a 34% change from this month last year. Overall, for 2012, the average sales price was $394,454, a 4% change. Sellers received 97% of their asking price this month, which is a 3% change from last year. For year to date, sellers received 96% of their asking price, which is a 2% change. This month, homes spent an average of 67 days on the market until sold, which was a -13% change from last year. For the year to date, the average number of days on the market was 80, an overall change of -23%.

The current supply of active listings on the market this month was 96 homes. This is a change of -10% from the same month last year. This month there was a 3.9 month supply of homes on the market; this was a -16% change from last year. Lucas real estate is known as area 50 in the North Texas Real Estate Information System. Information is believed reliable but is only as accurate as reported by the system in the month of September 2012.

Register online to have monthly updates on your city and neighborhood automatically emailed to you from Lucas Real Estate. Search Lucas Texas homes, Lucas Texas foreclosures, and Lucas Texas short sales and find Homes in Lucas. Research current Lucas home values at DFW Home Values Report.com. This service is FREE and available without any obligation from DFWTeamRealty.com.

The DFW Metroplex is also known as Dallas Fort Worth Arlington Metropolitan Statistical Area, a title designated by the U.S. Census which encompasses 12 counties within the U.S. state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth Arlington and is comprised of over 70 area 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 U.S. states of Rhode Island and Connecticut combined. It is also the sixth largest gross metropolitan product (GMP) in the United States, and is approximately tenth largest by GMP in the world.

Lucas Texas Real Estate Market Reports

Lucas Texas Real Estate Sales underwent a 3% change in August 2012

Lucas Texas Real Estate Sales underwent a 3% change in August 2012 over the same month last year with 36 homes selling this month! For the year to date, overall home sales were at 210 homes sold, with a 6% change from last year.

The Texas home market for the third quarter 2012 in the DFW Metroplex is overall improved over the last year. With both prices and interest rates at historic lows, this is an idea time to purchase for both new home owners and current home owners moving to larger homes. It is key to have your financing and prequalification work in process to insure a smooth transaction.

New Lucas Texas real estate listings experienced a 68% change for the same period last year with 42 homes listed this month. For the year to date, overall home listings underwent a 7% change with 332 homes listed this year. Listings pending sales this month underwent a -3% change, with 32 homes contracted. Listings under contract for the year to date experienced a 12% change, with 233 homes under contract for this month.

The average sales price of a home in Lucas was $385,647, a -6% change from this month last year. Overall, for 2012, the average sales price was $384,020, a 0% change. Sellers received 97% of their asking price this month, which is a 3% change from last year. For year to date, sellers received 95% of their asking price, which is a 1% change. This month, homes spent an average of 65 days on the market until sold, which was a -43% change from last year. For the year to date, the average number of days on the market was 82, an overall change of -23%.

The current supply of active listings on the market this month was 90 homes. This is a change of -23% from the same month last year. This month there was a 3.7 month supply of homes on the market; this was a -25% change from last year. Lucas real estate is known as area 50 in the North Texas Real Estate Information System. Information is believed reliable but is only as accurate as reported by the system in the month of July 2012.

Register online to have monthly updates on your city and neighborhood automatically emailed to you from Lucas Real Estate. Search Lucas Texas homes, Lucas Texas foreclosures, and Lucas Texas short sales and find Homes in Lucas. Research current Lucas home values at DFW Home Values Report.com. This service is FREE and available without any obligation from DFWTeamRealty.com.

The DFW Metroplex is also known as Dallas Fort Worth Arlington Metropolitan Statistical Area, a title designated by the U.S. Census which encompasses 12 counties within the U.S. state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth Arlington and is comprised of over 70 area 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 U.S. states of Rhode Island and Connecticut combined. It is also the sixth largest gross metropolitan product (GMP) in the United States, and is approximately tenth largest by GMP in the world.

Lucas Texas Real Estate Market Reports

Lucas Texas Real Estate Sales underwent a -26% change in July 2012

Lucas Texas Real Estate Sales underwent a -26% change in July 2012 over the same month last year with 28 homes selling this month! For the year to date, overall home sales were at 173 homes sold, with a 6% change from last year.

The Texas home market for the first quarter 2012 in the DFW Metroplex is overall improved over the last year. With both prices and interest rates at historic lows, this is an ideal time to purchase for both new home owners and current home owners moving to larger homes. It is key to have your financing and prequalification work in process to insure a smooth transaction. As the spring begins and school ends more homes with be put on the market and more prospective buyer will be looking for homes. Traditionally the second and third quarters are the busiest in the real estate industry.

New Lucas Texas real estate listings experienced a 18% change for the same period last year with 42 homes listed this month. For the year to date, overall home listings underwent a 2% change with 290 homes listed this year. Listings pending sales this month underwent a 35% change, with 31 homes contracted. Listings under contract for the year to date experienced a 16% change, with 204 homes under contract for this month.

The average sales price of a home in Lucas was $323,858, a -14% change from this month last year. Overall, for 2012, the average sales price was $382,838, a 1% change. Sellers received 95% of their asking price this month, which is a 1% change from last year. For year to date, sellers received 95% of their asking price, which is a 1% change. This month, homes spent an average of 95 days on the market until sold, which was a -4% change from last year. For the year to date, the average number of days on the market was 85, an overall change of -19%.

The current supply of active listings on the market this month was 100 homes. This is a change of -32% from the same month last year. This month there was a 4.0 month supply of homes on the market; this was a -39% change from last year. Lucas real estate is known as area 50 in the North Texas Real Estate Information System. Information is believed reliable but is only as accurate as reported by the system in the month of July 2012.

Register online to have monthly updates on your city and neighborhood automatically emailed to you from Lucas Real Estate. Search Lucas Texas homes, Lucas Texas foreclosures, and Lucas Texas short sales and find Homes in Lucas. Research current Lucas home values at DFW Home Values Report.com. This service is FREE and available without any obligation from DFWTeamRealty.com.

The DFW Metroplex is also known as Dallas Fort Worth Arlington Metropolitan Statistical Area, a title designated by the U.S. Census which encompasses 12 counties within the U.S. state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth Arlington and is comprised of over 70 area 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 U.S. states of Rhode Island and Connecticut combined. It is also the sixth largest gross metropolitan product (GMP) in the United States, and is approximately tenth largest by GMP in the world.

Lucas Texas Real Estate Market Reports

Lucas Texas Real Estate Sales underwent a -9% change in June 2012

Lucas Texas Real Estate Sales underwent a -9% change in June 2012 over the same month last year with 30 homes selling this month! For the year to date, overall home sales were at 143 homes sold, with a 14% change from last year.

The Texas home market for the first quarter 2012 in the DFW Metroplex is overall improved over the last year. With both prices and interest rates at historic lows, this is an ideal time to purchase for both new home owners and current home owners moving to larger homes. It is key to have your financing and prequalification work in process to insure a smooth transaction. As the spring begins and school ends more homes with be put on the market and more prospective buyer will be looking for homes. Traditionally the second and third quarters are the busiest in the real estate industry.

New Lucas Texas real estate listings experienced a 11% change for the same period last year with 41 homes listed this month. For the year to date, overall home listings underwent a 6% change with 247 homes listed this year. Listings pending sales this month underwent a 26% change, with 28 homes contracted. Listings under contract for the year to date experienced a 12% change, with 171 homes under contract for this month.

The average sales price of a home in Lucas was $409,807, a 7% change from this month last year. Overall, for 2012, the average sales price was $394,945, a 4% change. Sellers received 95% of their asking price this month, which is a -1% change from last year. For year to date, sellers received 95% of their asking price, which is a 1% change. This month, homes spent an average of 75 days on the market until sold, which was a -14% change from last year. For the year to date, the average number of days on the market was 82, an overall change of -23%.

The current supply of active listings on the market this month was 99 homes. This is a change of -24% from the same month last year. This month there was a 4.1 month supply of homes on the market; this was a -29% change from last year. Lucas real estate is known as area 50 in the North Texas Real Estate Information System. Information is believed reliable but is only as accurate as reported by the system in the month of June 2012.

Register online to have monthly updates on your city and neighborhood automatically emailed to you from Lucas Real Estate. Search Lucas Texas homes, Lucas Texas foreclosures, and Lucas Texas short sales and find Homes in Lucas. Research current Lucas home values at DFW Home Values Report.com. This service is FREE and available without any obligation from DFWTeamRealty.com.

The DFW Metroplex is also known as Dallas Fort Worth Arlington Metropolitan Statistical Area, a title designated by the U.S. Census which encompasses 12 counties within the U.S. state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth Arlington and is comprised of over 70 area 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 U.S. states of Rhode Island and Connecticut combined. It is also the sixth largest gross metropolitan product (GMP) in the United States, and is approximately tenth largest by GMP in the world.

Lucas Texas Real Estate Market Reports

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