Prosper Residential Home Sales For January 2017 Higher 17.9%

January 2017 Real Estate Market Summary for Prosper, TX (MLS Area 59)
Month Year to Date
2017 2016 % Change 2017 2016 % Change
New Listings 98 105 7.1 98 105 7.1
Closed Sales (Reported) 39 46 17.9 39 46 17.9
Closed Sales (Projected) 39 52 32.5 39 52 32.5
Listings Under Contract 66 86 30.3 66 86 30.3
Average Sales Price $459,704 $521,840 13.5 $459,704 $521,840 13.5
Median Sales Price $431,650 $452,450 4.8 $431,650 $452,450 4.8
Percent of Original Price Received 95.6 94.7 -0.9 95.6 94.7 -0.9
Days on Market Until Sale 89100 12.2 89 100 12.2
Inventory of Homes for Sale 207 289 39.6
Months Supply of Inventory 3.0 4.3 42.0

In January 2017 housing sales was higher 17.9% compared to 2016, with 46 housing sales total this month. There was an increase of 17.9% in houses sold year to date from last year. There were 46 houses sold this year. In Prosper there was a hike of 32.5% in the number of projected real estate sales in January 2017. There were 52 projected real estate sales total this month. Year to date there was a growth of 32.5% in projected property sales. There were 52 projected property sales total this year. In January 2017 there were 105 newly listed properties in Prosper, and this was a rise of 7.1%. There were 105 new houses for sale in the market year to date, and this was a rise of 7.1%. There was an improvement of 30.3% in listings under contract in January 2017 in contrast to 2016. There were 86 listings under contract total this month. In Prosper the number of contract listings year to date reached 86, a hike of 30.3% from the same time of year 2016. There was an increase of 42% in months supply of units on the market this month. There were 4.3 months supply of units on the market total this month. The number of houses for sale this month in Prosper rose 39.6%, with 289 houses for sale total this month. There were 12.2 days on market until sale this month, and this was a rise of 89% from January last year. In January 2017 the total percent of original asking price received reached 94.7, a decrease of 0.9%. In Prosper percent of original list price received year to date saw a drop of 0.9%, with 94.7 percent of original list price received this year. We have noticed that one of the biggest factors in home pricing and sales are good looking quality fence. Home that have nice fence is almost two times more likely to sell. Fence document – installation will help you with your fence installation.

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Prosper Texas Real Estate January 2017


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