Richardson, Texas home sales gain 17% in December of this year

There were 104 homes sold in Richardson in December of this year, which is a 17% upturn from the previous month. Houses sold so far this year rose 8% compared to the same period last year, with 1,358 homes sold during 2015.

So far this year, houses sold went up 6% compared to the same month last year, with 1,358 homes sold. This month, 80 new homes were listed in Richardson, a 4% increase from the previous month. Listed homes under contract during December in Richardson fell 15%, with 72 houses currently listed under contract during December. Overall this year, listings under contract are at 1,461 overall, which is a 8% upturn from last year. The average selling price in Richardson grew 10% . Year-to-date, the average price for a house for houses in Richardson was approximately $224,431, which is a 12% surge from last year.

Percentage of original list prices received year-to-date gained 1% compared to the same month last year, with percentage of asking price received at 99%. In December of this year, buyers received 98% of their asking price, which is a 0% rise from a month ago. On average, houses spent 33 days in the market until sold, which is a 2% decrease from the previous month. In total for this year, properties spent an average of 26 days in the market until sold, which is a 24% decline from last year. During December, the market supply of homes for properties in Richardson was 120 properties. The current supply of active listings on the market in December 2015 in Richardson decreased 18%. In December of this year there was a 1.0 month supply of houses. The month supply of homes in Richardson dropped 24% in December of this year.

Richardson is one of many divisions reported on by the North Texas Real Estate Information System. The MLS Area for Richardson is 23. There are 13 counties and two major metropolitan divisions in DFW – Dallas-Plano-Irving and Fort Worth – which cover over 9,000 square miles. The DFW area is the most populous metropolitan region in Texas and in the South. It ranks fourth in the United States and tenth in the Americas. The Gross Metropolitan Product of The DFW metroplex is sixth largest in the United States and about tenth largest in the world.

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Richardson Texas Real Estate December 2015

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