Little Elm Texas Real Estate Sales were up 72% in February 2012 over the same month last year with 81 homes selling this month compared to 45 sold this month last year! For the 2012, year to date, overall home sales were up 58% with 145 homes sold compared to 45 homes sold last year.
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New listings were up -37% for the same period last year with 81 homes listed as compared to 119 listed this month last year. For the year 2012, overall home listings were up up -12% with 218 homes listed as compared to 119 homes listed last year. Listings under contract were up 25% with 84 homes listed compared to 57 homes listed this month last year. Listings under contract for all 2012 were up 52% with 188 homes listed as compared to 57 listed for all last year.
The median sales price of homes was up 3% to $178,187, as compared to $172,689 for this month last year. The overall year of 2012 median sales prices were up 4% to $179,504 as compared to $172,689 last year. Sellers received 93% of their asking price this month as compared to 92% this month last year. For the overall year of 2012 sellers received 94% of their asking as compared to 92% last year a 1% change from last year. The average days on the market until sold in was 103 days compared to 133 days for this month last year, -10% change. For the overall year of 2012 the average days on the market was 99 days compared to 133 days last year a -20% change.
The current supply of homes on the market was 255 homes down -46% as compared to 453 homes from the same period last year. This is 3.0 month supply of homes on the market down 42% as compared to 6.1 month supply from this month last year.
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Little Elm real estate sales is known as multiple listing service (MLS) area 31 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 Little Elm real estate sales as well as Little Elm foreclosures, Little Elm short sales, and homes in Little Elm. Enter brief data about Little Elm homes or neighborhood you want to research and receive real-time market reports. Find information on what is listed, what has been sold, the average days on the market, and an in-depth report about all the homes in your area. Updated real estate market data is emailed to you monthly! This service works for Little Elm home values, real estate information, and all areas of the DFW metroplex. Please visit our website at DFWTeamRealty.com for the latest information on Little Elm homes by price range and community. Search Little Elm real estate at Homes in DFW
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 is approximately tenth largest by GMP in the world.