Richardson Texas Real Estate Sales up 55% in November 2011

Richardson Texas Real Estate Sales were up 55% in November 2011 over the same month last year with 82 homes selling this month! For the year to date, overall home sales were at 925 homes sold, a 8% change from last year. Richardson Texas Real Estate total dollar volume of homes sold this month was $11,823,956 which is a 29% change from this month last year. For the 2011 year to date, the total dollar sales were at $140,279,791, which is a 5% change.

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New Richardson Texas Real Estate listings experienced a -20% change for the same period last year with 101 homes listed this month. For the year to date, overall home listings underwent a -15% change with 1,479 homes listed this year. Listings pending sales this month underwent a -7% change, with 65 homes contracted. Listings under contract for the year to date experienced a 9% change, with 969 homes under contract for this month.

The median sales price of Richardson Texas Real Estate was $135,500 a -19% change from this month last year. Overall, for the year, the median sales price was $155,000 a -2% change. Sellers received 2% of their asking price this month, which is a -1% change from last year. For the year to date, sellers received 96% of their asking price, which is a 0% change. This month, homes spent an average of 79 days on the market until sold, which was a 8% change from last year. For the year to date, the average number of days on the market was 74, an overall change of 37%.

The current supply of active listings on the market this month was 268 homes. This is a change of -31% from the same month last year. For the year to date, the supply of active listings on the market was 344, which is a -6% change. This month there was a 3.7 months’ supply of homes on the market; this was a -37% change from last year. For the year to date, there was a 4.7 months’ supply of homes on the market, which is a -14% change from the same period last year. The average price per square foot was $78 this month; a -13% change from last year. For the year to date, the average price per square foot was $85, a change of -4%

Richardson Real Estate sales is known as Multiple Listing Service (MLS) area 23 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 November 2011. DFW Team Realty provides month reports on Richardson Real Estate Sales as well as Richardson Foreclosures, Richardson Short Sales, and Homes in Richardson. Please visit our website at DFWTeamRealty.com for the latest information on Richardson homes by price range and community. Search Richardson Real Estate at Homes in DFW

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