Lewisville Residential Housing Sales For January 2017 Down 7.3%

By
Real Estate Broker/Owner with DFW Team Realty
January 2017 Real Estate Market Summary for Lewisville, TX (MLS Area 41)
  Month Year to Date
  2017 2016 % Change 2017 2016 % Change
New Listings 429 336 -21.7 429 336 -21.7
Closed Sales (Reported) 233 216 -7.3 233 216 -7.3
Closed Sales (Projected) 233 243 4.2 233 243 4.2
Listings Under Contract 332 319 -3.9 332 319 -3.9
Average Sales Price $338,400 $344,941 1.9 $338,400 $344,941 1.9
Median Sales Price $275,500 $281,750 2.3 $275,500 $281,750 2.3
Percent of Original Price Received 96.7 97.3 0.7 96.7 97.3 0.7
Days on Market Until Sale 46 45 -2.0 46 45 -2.0
Inventory of Homes for Sale 715 541 -24.3      
Months Supply of Inventory 1.8 1.3 -23.8      

This month there were 216 home sales recorded, and this was a fall of 7.3% from the same month last year. Year to date there was a decline of 7.3% in home sales in Lewisville from the same period last year. There were 216 home sales this year. There were 243 projected home sales in January 2017, which was an improvement of 4.2%. Year to date there were 243 projected housing sales, and this was a gain of 4.2%. This month the number of new houses reached 336, a decline of 21.7%. The number of new houses for sale in Lewisville year to date experienced a decline of 21.7%, with 336 new on the market total this year. The number of listings under contract this month saw a fall of 3.9% from 2016, with 319 listings under contract this month. In Lewisville year to date homes listed under contract had a drop of 3.9% from 2016, with 319 under a contract total this year. Months supply of inventory in January 2017 was at 1.3, a dip of 23.8%. In Lewisville there was a slump of 24.3% in properties for sale on the market this month. There were 541 properties for sale on the market total this month. There was a down-slide of 2% in days on market until sale this month relative to 2016. There were 45 days on market until sale total this month. Percent of asking price received this month experienced a hike of 0.7%, with 97.3 percent total. Year to date percent of original list price received in Lewisville underwent an improvement of 0.7%, with 97.3 percent total this year.

Click here to view homes in Lewisville.

 

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Rainmaker
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing 

Mar 23, 2017 05:43 PM #1
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Rainmaker
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Bob Baesmann

DFW Team Realty | 972-978-8800
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