Aubrey Residential Housing Sales For November 2016 Up 18.8%

By
Real Estate Broker/Owner with DFW Team Realty
November 2016 Real Estate Market Summary for Aubrey, TX (MLS Area 31)
  Month Year to Date
  2016 2015 % Change 2016 2015 % Change
Closed Sales (Reported) 64 76 18.8 960 1132 17.9
Closed Sales (Projected) 64 85 33.4 960 1141 18.9
Listings Under Contract 56 83 48.2 992 1198 20.8
Average Sales Price $225,595 $299,732 32.9 $230,076 $276,589 20.2
Median Sales Price $191,500 $244,500 27.7 $197,500 $227,500 15.2
Percent of Original Price Received 97.0 96.2 -0.8 97.3 97.6 0.3
Days on Market Until Sale 35 43 23.5 42 40 -4.9
Inventory of Homes for Sale 219 271 23.7      
Months Supply of Inventory 2.5 2.7 5.6      

There was an improvement of 18.8% in the number of properties sold this month from the same point in time 2015. There were 76 properties sold total this month. Year to date there were 1132 real estate sales in Aubrey, and this was an uptick of 17.9% compared to last year. This month in Aubrey projected houses sold saw a climb of 33.4%, with 85 projected houses sold this month. Projected residential property sales year to date experienced an improvement of 18.9%, with 1141 projected total this year. New houses this month saw a rise of 24.4%, with 107 newly for sale total. Year to date there were 1492 newly listed residential properties in Aubrey, which was an uptick of 21.9%. In Aubrey homes listed under contract in November 2016 had a gain of 48.2% from last year, with 83 listed under contract total. Year to date there were 1198 contract listings in Aubrey, and this was a growth of 20.8% from last year. There was a climb of 5.6% in the number of approximate months supply of inventory in November 2016. There were 2.7 approximate months supply of inventory total this month. This month the number of homes for sale saw a growth of 23.7%, with 271 homes for sale this month. This month there was an improvement of 23.5% in the number of days on market until sale compared to the same period last year. There were 43 days on market until sale total this month. This month in Aubrey the total percent of list price received saw a decrease of 0.8%, with 96.2 percent of list price received total this month. Percent of list price received year to date in Aubrey rose 0.3%, with 97.6 percent of list price received total this year.

Click here to view homes in Aubrey.

 

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Bob Baesmann

DFW Team Realty | 972-978-8800
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