Anna Housing Sales For February 2016 Up 20%

By
Real Estate Broker/Owner with DFW Team Realty
February 2016 Real Estate Market Summary for Anna, TX (MLS Area 21)
  Month Year to Date
  2016 2015 % Change 2016 2015 % Change
Closed Sales (Reported) 35 42 20.0 57 73 28.1
Closed Sales (Projected) 35 47 34.8 57 78 37.2
Listings Under Contract 37 63 70.3 69 102 47.8
Average Sales Price $171,989 $216,192 25.7 $177,777 $208,713 17.4
Median Sales Price $165,000 $210,950 27.8 $172,000 $199,900 16.2
Percent of Original Price Received 98.5 99.6 1.1 97.9 98.8 0.9
Days on Market Until Sale 30 35 19.7 31 37 18.5
Inventory of Homes for Sale 51 56 9.8      
Months Supply of Inventory 1.6 1.4 -15.3      

In Anna there was an increase of 20% in the number of recorded homes sold this month compared to February 2015. There were 42 recorded homes sold total this month. Year to date the number of reported housing units sold reached 73, a hike of 28.1% from the same time of year 2015. Projected real estate sales in Anna this month experienced a rise of 34.8%, with 47 projected total. The number of projected homes sold year to date in Anna reached 78, an increase of 37.2%. This month the number of newly listed homes in the market was at 69 total, an uptick of 122.6%. There was a climb of 46.8% in new property listings in the market year to date. There were 113 new property listings in the market total this year. In February 2016 contract listings had an improvement of 70.3% from February 2015, with 63 on a contract total. Year to date listings under contract reached 102 total, an improvement of 47.8% in contrast to last year. The number of approximate months supply of units on the market in Annan in February 2016 showed a down-slide of 15.3%, with 1.4 months supply total. Housing units for sale in February 2016 reached 56, an uptick of 9.8%. In February 2016 there was an increase of 19.7% in days on market until sale in Anna compared to last year. There were 35 days on market until sale total this month. The total percent of original asking price received this month in Anna saw a climb of 1.1%, with 99.6 percent total. Percent of original asking price received in Anna year to date had a rise of 0.9%, with 98.8 percent total this year.

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Bob Baesmann

DFW Team Realty | 972-978-8800
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