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Dallas Northwest Home Sales For December 2016 Down 16.7%
The number of home sales reported this month in Dallas Northwest was 50, a decline of 16.7% from December 2015. The number of property sales recorded year to date reached 746, a drop of 2.9% from December last year. Projected real estate sales in December 2016 saw a down-slide of 6.4%, with 56 projected real estate sales this month. Year to date there was a drop of 2.1% in projected properties sold in Dallas Northwest. There were 752 projected properties sold total this year. This month the number of new listings in Dallas Northwest was at 67, a rise of 28.8%. Year to date new property listings in the market had a growth of 7.4%, with 1075 new on the market total this year. In Dallas Northwest contract listings this month underwent an uptick of 31.6% from last year, with 50 on a contract total. Year to date the number of homes listed under contract reached 7620.0, no change compared to December last year. Months supply of inventory in December 2016 reached 2.0 total, a rise of 11.7%. The number of homes for sale this month in Dallas Northwest underwent an improvement of 8.5%, with 127 listed total. In Dallas Northwest ... more

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