Melissa Residential Home Sales For January 2017 Up 140%

By
Real Estate Broker/Owner with DFW Team Realty
January 2017 Real Estate Market Summary for Melissa, TX (MLS Area 68)
  Month Year to Date
  2017 2016 % Change 2017 2016 % Change
New Listings 32 31 -3.1 32 31 -3.1
Closed Sales (Reported) 10 24 140.0 10 24 140.0
Closed Sales (Projected) 10 27 169.7 10 27 169.7
Listings Under Contract 19 30 57.9 19 30 57.9
Average Sales Price $264,884 $283,722 7.1 $264,884 $283,722 7.1
Median Sales Price $247,000 $276,714 12.0 $247,000 $276,714 12.0
Percent of Original Price Received 98.4 97.8 -0.6 98.4 97.8 -0.6
Days on Market Until Sale 54 69 26.9 54 69 26.9
Inventory of Homes for Sale 57 59 3.5      
Months Supply of Inventory 2.7 2.2 -19.4      

This month the number of residential housing sales recorded increased 140% compared to January last year, with 24 residential housing sales recorded this month. Year to date home sales was up 140% compared to January last year, with 24 home sales total this year. In January 2017 there was an improvement of 169.7% in the number of projected real estate sales. There were 27 projected real estate sales total this month. The number of projected home sales year to date climbed 169.7%, with 27 projected home sales this year. This month new units showed a dip of 3.1%, with 31 newly for sale total. In Melissa year to date the number of new listings saw a fall of 3.1%, with 31 new listings this year. In January 2017 there was a growth of 57.9% in the number of listings under contract compared to the same month last year. There were 30 listings under contract total this month. In Melissa there were 30 contract listings year to date, which was an improvement of 57.9% relative to January last year. The number of months supply of houses on the market in January 2017 reached 2.2, a dip of 19.4%. There was a climb of 3.5% in residential properties for sale in January 2017. There were 59 residential properties for sale total this month. There was an uptick of 26.9% in the number of days on market until sale in January 2017 from the same period 2016. There were 69 days on market until sale total this month. In January 2017 the total percent of asking price received had a slump of 0.6%, with 97.8 percent total. Year to date percent of original list price received in Melissa saw a drop of 0.6%, with 97.8 percent of original list price received total this year.

Click here to view homes in Melissa.

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Tags:
melissa texas real estate market reports

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainer
113,550
Shahar Hillel
Augusta Financial Inc. - Stevenson Ranch, CA
Mortgage Consultant, Loan Officer.

Bob.

Thank you for the market update.

Mar 21, 2017 06:26 PM #1
Rainmaker
3,709,677
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 21, 2017 07:34 PM #2
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
766,552

Bob Baesmann

DFW Team Realty | 972-978-8800
Ask me a question
*
*
*
*
Spam prevention