Sachse Housing Sales For November 2016 Are Higher 1114%

November 2016 Real Estate Market Summary for Sachse, TX (MLS Area 8)
Month Year to Date
2016 2015 % Change 2016 2015 % Change
Closed Sales (Reported) 90 900.0 1114 1117 0.3
Closed Sales (Projected) 90 101 12.4 1114 1128 1.3
Listings Under Contract 89 121 36.0 1176 1193 1.4
Average Sales Price $224,804 $247,608 10.1 $220,042 $244,867 11.3
Median Sales Price $204,700 $238,750 16.6 $204,000 $231,000 13.2
Percent of Original Price Received 96.8 97.7 1.0 98.3 98.9 0.6
Days on Market Until Sale 34 30 -11.9 33 31 -6.8
Inventory of Homes for Sale 169 155 -8.3
Months Supply of Inventory 1.7 1.5 -10.8

This month in Sachse housing units sold had a rise of 1114% compared to 2015, with 900.0 sold total. In Sachse year to date the number of real estate sales recorded experienced no difference from the same point in time 2015, with 0.3 sold total this year. Projected houses sold in November 2016 saw a growth of 12.4%, with 101 projected total. Projected houses sold year to date in Sachse experienced a growth of 1.3%, with 1128 projected total this year. In Sachse the number of new residential properties in November 2016 saw an increase of 31.7%, with 108 new residential properties total this month. New homes listed year to date was 1401, a gain of 1.4%. The number of housing units listed under contract this month went up 36% from the same month last year, with 121 housing units listed under contract total this month. Houses listed under contract year to date saw a gain of 1.4% from the same month last year, with 1193 listed under a contract total this year. In Sachse the number of months supply of home inventory in November 2016 experienced a slump of 10.8%, with 1.5 months supply total. In Sachse there was a dip of 8.3% in housing units for sale in the market this month. There were 155 housing units for sale in the market total this month. In Sachse there was a down-slide of 11.9% in the number of days on market until sale in November 2016 relative to November last year. There were 30 days on market until sale total this month. Percent of original asking price received in November 2016 went up 1%, with 97.7 percent of original asking price received total this month. Year to date in Sachse percent of original asking price received was 98.9, a gain of 0.6%.

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Sachse Texas Real Estate November 2016

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