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Farmers Branch, Texas Home Sales Market report for November 2014

By
Real Estate Broker/Owner with DFW Team Realty

Houses sold cumulatively this year increased 1% relative to the same period last year, with 1,942 houses sold. There were 144 home sales in Farmers Branch this month, which is a 8% drop from a month ago. This month, 139 new houses were listed in Farmers Branch, a 7% dip from the previous month. So far this year, new real estate listings have reached 2,343 in all. New home listings year-to-date dropped 4% compared to the same period last year. There were 159 listed homes under contract in November of this year, a 11% upturn from a month ago. Listings under contract year-to-date grew 3% compared to the same period last year, with 2,060 homes sold so far this year. Cumulatively this year, the average home sales price for properties in Farmers Branch was about $229,157, which is a 10% gain from a year ago. The average sales price in Farmers Branch went up 13% this month, with $234,210 being the average price for a home. Click here to view homes in Farmers Branch.

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