Month | Year to Date | |||||
---|---|---|---|---|---|---|
2016 | 2015 | % Change | 2016 | 2015 | % Change | |
Closed Sales (Reported) | 52 | 65 | 25.0 | 100 | 1000.0 | |
Closed Sales (Projected) | 52 | 73 | 40.4 | 100 | 108 | 8.0 |
Listings Under Contract | 53 | 75 | 41.5 | 110 | 137 | 24.5 |
Average Sales Price | $312,555 | $356,736 | 14.1 | $292,147 | $327,988 | 12.3 |
Median Sales Price | $301,000 | $322,500 | 7.1 | $283,950 | $300,000 | 5.7 |
Percent of Original Price Received | 94.1 | 97.6 | 3.7 | 94.9 | 97.0 | 2.2 |
Days on Market Until Sale | 54 | 36 | -32.8 | 53 | 38 | -27.7 |
Inventory of Homes for Sale | 115 | 117 | 1.7 | |||
Months Supply of Inventory | 1.7 | 1.8 | 6.8 |
This month there were 65 real estate sales, and this was a gain of 25% from February 2015. Year to date the number of recorded properties sold underwent no change from last year, with 1000.0 sold total this year. Projected properties sold this month was at 73, an improvement of 40.4%. The number of projected houses sold year to date in Dallas Northwest had a hike of 8%, with 108 projected total this year. In February 2016 there were 96 new listings in Dallas Northwest, and this was an improvement of 26.3%. In Dallas Northwest year to date the number of new homes experienced a rise of 32.1%, with 177 newly for sale total this year. In February 2016 contract listings was at 75 total, a hike of 41.5% relative to the same month 2015. Year to date there were 137 listings under contract in Dallas Northwest, and this was an increase of 24.5% in contrast to 2015. This month approximate months supply of homes on the market in Dallas Northwest grew 6.8%, with 1.8 approximate months supply of homes on the market this month. Housing units for sale in Dallas Northwest this month saw an increase of 1.7%, with 117 listed in the market total. Days on market until sale this month decreased 32.8% in contrast to 2015, with 36 days on market until sale total this month. This month the total percent of list price received in Dallas Northwest underwent a hike of 3.7%, with 97.6 percent total. Year to date percent of original list price received saw a gain of 2.2%, with 97.0 percent of original list price received total this year.
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