Aubrey Residential Property Sales For December 2016 Are Up 24.4%

By
Real Estate Broker/Owner with DFW Team Realty
December 2016 Real Estate Market Summary for Aubrey, TX (MLS Area 31)
  Month Year to Date
  2016 2015 % Change 2016 2015 % Change
New Listings 85 78 -8.2 1309 1569 19.9
Closed Sales (Reported) 82 102 24.4 1042 1240 19.0
Closed Sales (Projected) 82 115 39.8 1042 1253 20.2
Listings Under Contract 52 88 69.2 1044 1285 23.1
Average Sales Price $214,097 $295,613 38.1 $228,818 $278,379 21.7
Median Sales Price $199,700 $270,250 35.3 $197,500 $230,000 16.5
Percent of Original Price Received 97.0 96.3 -0.7 97.3 97.5 0.2
Days on Market Until Sale 34 54 59.7 41 41 -0.8
Inventory of Homes for Sale 220 242 10.0      
Months Supply of Inventory 2.5 2.3 -7.6      

This month the number of real estate sales reported showed an increase of 24.4% in contrast to 2015, with 102 sold total. Housing sales year to date had a climb of 19% relative to last year, with 1240 sold total this year. In Aubrey projected property sales in December 2016 saw an uptick of 39.8%, with 115 projected property sales total this month. Year to date there was a rise of 20.2% in projected property sales in Aubrey. There were 1253 projected property sales total this year. This month there were 78 new homes, which was a fall of 8.2%. Newly listed homes year to date reached 1569, an uptick of 19.9%. The number of houses listed under contract this month showed a hike of 69.2% relative to last year, with 88 listed on a contract total. There was an improvement of 23.1% in contract listings year to date from 2015. There were 1285 contract listings total this year. This month there was a down-slide of 7.6% in the number of approximate months supply of housing units on the market. There were 2.3 approximate months supply of housing units on the market total this month. In December 2016 there were 242 homes for sale in the market in Aubrey, which was a climb of 10%. This month there were 54 days on market until sale in Aubrey, which was a hike of 59.7% from 2015. The total percent of asking price received in December 2016 was at 96.3 total, a down-slide of 0.7%. Percent of original asking price received year to date was up 0.2%, with 97.5 percent of original asking price received this year.

Click here to view homes in Aubrey.

 

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Texas Denton County Aubrey
Groups:
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Market Reports
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home sales
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Thank you for the market update on your local real estate area.

Feb 05, 2017 08:36 PM #1
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Bob Baesmann

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