Prosper, Texas home sales surge 15% this month

Homes sold year-to-date went up 25% relative to the same month last year, with 656 houses sold. Prosper home sales reached 54 homes this month, which is a 15% upturn from last month.

There were 49 new housing properties listed in December of this year. New home properties listed this month in Prosper climbed 7%. Overall this year there, have been 1,053 new home properties listed total. New housing properties listed year-to-date climbed 18% relative to the same period last year. The number of listings under contract in Prosper fell 33%, with 30 houses currently listed under contract in December 2015. Current listings under contract so far this year increased 26% compared to the same period last year, with 830 homes sold this year. The average price for a house in total for this year gained 9% compared to the same month last year, the average home sales price being $443,486. The average price for a house in Prosper gained 12% .

Buyers got 94% of their original price this month, a 0% rise from a month ago. Buyers sold their houses for 96% of their list price on average in total for this year, which is a 0% rise from last year. This December, houses spent an average of 87 days in the market until sold, which is a 14% gain from last month. Year-to-date, houses spent an average of 69 days in the market until sold, which is a 6% gain compared to the same month last year. In December of this year, the current supply of active listings on the market was 185 homes, a 9% dip from the previous month.The month supply of houses in Prosper dipped 27% during December, with a 2.7 month supply of available homes on the market.

Prosper is one of many areas reported on by the North Texas Real Estate Information System. The MLS Area for Prosper is 59. The Dallas Fort-Worth metroplex constitutes 13 counties and two major metropolitan divisions – Dallas-Plano-Irving and Fort Worth – in an area of over 9,000 square miles. by population, The DFW metroplex is the region that ranks first in Texas and in the South, and fourth in the United States. The Dallas Fort-Worth area is sixth largest by Gross Metropolitan Product in the United States, and is about tenth largest by GMP in the world.

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Prosper Texas Real Estate December 2015

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