Prosper Home Sales For November 2016 Up 12.8%

November 2016 Real Estate Market Summary for Prosper, TX (MLS Area 59)
Month Year to Date
2016 2015 % Change 2016 2015 % Change
Closed Sales (Reported) 47 53 12.8 757 734 -3.0
Closed Sales (Projected) 47 60 26.7 757 741 -2.2
Listings Under Contract 52 48 -7.7 800 782 -2.3
Average Sales Price $416,238 $557,713 34.0 $442,214 $469,600 6.2
Median Sales Price $429,990 $501,326 16.6 $425,000 $440,725 3.7
Percent of Original Price Received 96.1 96.5 0.5 96.4 96.1 -0.3
Days on Market Until Sale 63 79 24.5 68 64 -5.6
Inventory of Homes for Sale 205 316 54.1
Months Supply of Inventory 3.0 4.8 56.9

In November 2016 the number of units sold was higher 12.8% from last year, with 53 units sold this month. The number of homes sold in Prosper year to date reached 734, a down-slide of 3% from November last year. In November 2016 the number of projected residential property sales rose 26.7%, with 60 projected residential property sales this month. The number of projected property sales year to date showed a decline of 2.2%, with 741 projected total this year. Newly listed properties in the market this month was up 40%, with 70 newly listed properties in the market total this month. In Prosper year to date new homes listed in the market reached 1164 total, a gain of 16.1%. There was a decrease of 7.7% in the number of houses listed under contract in November 2016 from the same period 2015. There were 48 houses listed under contract total this month. Year to date properties listed under contract in Prosper reached 782, a fall of 2.3% from November 2015. This month the number of approximate months supply of homes on the market was higher 56.9%, with 4.8 approximate months supply of homes on the market total this month. This month there were 316 homes for sale in the market, which was an improvement of 54.1%. In Prosper the number of days on market until sale this month was at 79 total, a rise of 24.5% from last year. In November 2016 percent of original asking price received saw a gain of 0.5%, with 96.5 percent total. Year to date in Prosper the number of percent of list price received was 96.1, a fall of 0.3%.

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

Prosper Texas Real Estate November 2016


Please support the site
By clicking any of these buttons you help our site to get better

Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Services