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University Park, Texas Home Sales Market report for November 2014

By
Real Estate Broker/Owner with DFW Team Realty

Cumulatively this year, houses sold have reached 908 total, which is a 11% decline from a year ago. This month, there were 73 houses sold in University Park, a 25% drop from the previous month. So far this year, new listings are at 1,299 in all, which is a 5% dip from a year ago. New housing properties listed in November of this year in University Park dropped 6%, with 64 houses listed during November. There were 62 listings under contract during November, a 9% decline from a month ago. Current listings under contract year-to-date declined 11% relative to the same month last year, with 852 houses sold during 2014. The average price for a home year-to-date increased 5% relative to the same period last year, the average sales price being $1,087,737. This month, the average price for a home for houses in University Park was about $1,026,941, which is a 9% decrease from last month. Click here to view homes in University Park.

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