Lancaster Texas Real Estate Sales were up 5% in December 2011 over the same month last year with 23 homes selling this month! For the 2011 year to date, overall home sales were at 326 homes sold, a -10% change from last year. Lancaster Texas Real Estate total dollar volume of homes sold this month was $1,997,481 which is a 0% change from this month last year. For the 2011 year to date, the total dollar sales were at $25,389,532, which is a -19% change.
Register online for monthly updates in your city and your neighborhood automatically emailed to you at Lancaster Real Estate. Search Lancaster homes, Lancaster foreclosures, and Lancaster short sales at DFWTeamRealty.com.
New Lancaster Texas Real Estate listings experienced a -55% change for the same period last year with 26 homes listed this month. For the 2011 year to date, overall home listings underwent a -23% change with 503 homes listed this year. Listings pending sales this month underwent a 0% change, with 21 homes contracted. Listings under contract for 2011 year to date experienced a -3% change, with 391 homes under contract for this month.
The average sales price of a home in this area was $86,847, a -4% change from this month last year. Overall, for 2011, the average sales price was $77,882, a -9% change. Sellers received 98% of their asking price this month, which is a -1% change from last year. For 2011 year to date, sellers received 97% of their asking price, which is a -1% change. This month, homes spent an average of 96 days on the market until sold, which was a 109% change from last year. For the 2011 year to date, the average number of days on the market was 75, an overall change of 6%.
The current supply of active listings on the market this month was 98 homes. This is a change of -43% from the same month last year. For the 2011 year to date, the supply of active listings on the market was 144, which is a -1% change. This month there was a 3.6 months’ supply of homes on the market; this was a -36% change from last year. For the 2011 year to date, there was a 5.3 months’ supply of homes on the market, which is a 11% change from the same period last year. The average price per square foot was $36 this month; a -18% change from last year. For the 2011 year to date, the average price per square foot was $40, a change of -10% .
Lancaster Real Estate sales is known as area 3 in the North Texas Real Estate Information System. Information is believed reliable but is only as accurate as reported by the system in the month of December 2011. DFW Team Realty provides month reports on Lancaster Real Estate Sales as well as Lancaster Foreclosures, Lancaster Short Sales, and Home in Lancaster. Please visit our website at DFWTeamRealty.com for the latest information on Lancaster homes by price range and community.
The DFW Metroplex is also known as Dallas Fort Worth Arlington Metropolitan Statistical Area, a title designated by the U.S. Census which encompasses 12 counties within the U.S. state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth Arlington and is comprised of over 70 area cities both incorporated and unincorporated.
The DFW Metroplex is, by population, the largest metropolitan area in Texas, the largest in the South, the fourth-largest in the United States, and the tenth-largest in the Americas. The DFW Metroplex encompasses over 9,000 square miles of total area, making it larger in area than the U.S. states of Rhode Island and Connecticut combined. It is also the sixth largest gross metropolitan product (GMP) in the United States, and approximately tenth largest by GMP in the world.
Lancaster Texas Real Estate Reports
Register online for monthly updates on your city and neighborhood, automatically emailed to you.
Comments(1)