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Carrollton Residential Housing Sales For February 2016 Are Up 31.3%

By
Real Estate Broker/Owner with DFW Team Realty
February 2016 Real Estate Market Summary for Carrollton, TX
  Month Year to Date
  2016 2015 % Change 2016 2015 % Change
Closed Sales (Reported) 115 151 31.3 226 253 11.9
Closed Sales (Projected) 115 170 47.5 226 272 20.2
Listings Under Contract 131 162 23.7 269 328 21.9
Average Sales Price $215,768 $251,135 16.4 $216,800 $246,156 13.5
Median Sales Price $203,000 $223,500 10.1 $201,800 $223,500 10.8
Percent of Original Price Received 98.9 99.2 0.3 98.4 98.9 0.5
Days on Market Until Sale 36 29 -20.0 35 29 -16.9
Inventory of Homes for Sale 186 162 -12.9      
Months Supply of Inventory 1.0 0.9 -13.2      

In February 2016 there were 151 homes sold in Carrollton, which was a growth of 31.3% in contrast to 2015. Property sales year to date in Carrollton reached 253, a growth of 11.9% from the same point in time 2015. This month there were 170 projected residential property sales in Carrollton, which was a rise of 47.5%. Projected properties sold year to date in Carrollton showed a climb of 20.2%, with 272 projected total this year. In Carrollton this month the number of new listings reached 188, a hike of 22.1%. Year to date the number of new home listings in the market reached 367 total, an uptick of 15%. In February 2016 listings under contract saw an uptick of 23.7% relative to February 2015, with 162 on contract total. There was a gain of 21.9% in homes listed under contract year to date from 2015. There were 328 homes listed under contract total this year. This month months supply of housing units on the market was 0.9 total, a down-slide of 13.2%. In Carrollton there were 162 houses for sale this month, and this was a decrease of 12.9%. The number of days on market until sale this month showed a down-slide of 20% relative to the same month last year, with 29 days total. In February 2016 percent of asking price received was at 99.2, an improvement of 0.3%. In Carrollton the number of percent of list price received year to date was up 0.5%, with 98.9 percent of list price received total this year.

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