| Month | Year to Date | |||||
|---|---|---|---|---|---|---|
| 2016 | 2015 | % Change | 2016 | 2015 | % Change | |
| Closed Sales (Reported) | 76 | 83 | 9.2 | 139 | 146 | 5.0 |
| Closed Sales (Projected) | 76 | 93 | 22.7 | 139 | 156 | 12.4 |
| Listings Under Contract | 92 | 108 | 17.4 | 170 | 223 | 31.2 |
| Average Sales Price | $233,623 | $268,632 | 15.0 | $218,533 | $246,887 | 13.0 |
| Median Sales Price | $222,000 | $247,980 | 11.7 | $208,000 | $232,000 | 11.5 |
| Percent of Original Price Received | 92.8 | 96.7 | 4.2 | 93.0 | 96.4 | 3.6 |
| Days on Market Until Sale | 60 | 36 | -39.7 | 55 | 42 | -23.2 |
| Inventory of Homes for Sale | 219 | 143 | -34.7 | |||
| Months Supply of Inventory | 2.5 | 1.5 | -39.9 | |||
This month the number of home sales in Lake Highlands experienced a gain of 9.2% from last year, with 83 sold total. In Lake Highlands homes sold year to date reached 146 total, an improvement of 5% relative to 2015. Projected properties sold in Lake Highlands this month underwent an uptick of 22.7%, with 93 projected total. Projected properties sold in Lake Highlands year to date was higher 12.4%, with 156 projected properties sold total this year. This month new homes in the market experienced a growth of 3.7%, with 112 new on the market total. New housing units for sale in the market year to date in Lake Highlands rose 20.5%, with 241 new housing units for sale in the market this year. In February 2016 there were 108 properties listed under contract in Lake Highlands, which was a climb of 17.4% from 2015. Year to date houses listed under contract in Lake Highlands experienced a growth of 31.2% compared to February last year, with 223 listed on a contract total this year. There was a decline of 39.9% in the number of approximate months supply of homes on the market this month. There were 1.5 approximate months supply of homes on the market total this month. The number of houses for sale in the market this month in Lake Highlands was 143 total, a dip of 34.7%. This month days on market until sale was down 39.7% compared to February last year, with 36 days on market until sale total this month. In February 2016 the total percent of original list price received reached 96.7 total, an increase of 4.2%. Year to date percent of asking price received was at 96.4 total, an increase of 3.6%.
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