Celina Housing Sales For November 2016 Down 11.5%

By
Real Estate Broker/Owner with DFW Team Realty
November 2016 Real Estate Market Summary for Celina, TX (MLS Area 60)
  Month Year to Date
  2016 2015 % Change 2016 2015 % Change
Closed Sales (Reported) 26 23 -11.5 311 346 11.3
Closed Sales (Projected) 26 26 -0.6 311 349 12.2
Listings Under Contract 27 21 -22.2 358 349 -2.5
Average Sales Price $314,018 $384,632 22.5 $308,450 $390,606 26.6
Median Sales Price $265,017 $365,000 37.7 $269,900 $343,335 27.2
Percent of Original Price Received 95.7 95.5 -0.2 96.2 96.8 0.6
Days on Market Until Sale 45 59 32.0 48 58 21.1
Inventory of Homes for Sale 86 124 44.2      
Months Supply of Inventory 3.1 3.8 22.9      

This month there were 23 residential housing sales recorded, which was a down-slide of 11.5% in contrast to 2015. Property sales year to date in Celina reached 346, a growth of 11.3% from 2015. There were 26 projected residential property sales this month, which was a slump of 0.6%. The number of projected properties sold year to date showed a climb of 12.2%, with 349 projected total this year. This month the number of new listings in the market reached 38, a hike of 31%. Year to date new home listings reached 502, a drop of 8.1%. There were 21 listings under contract in November 2016, which was a down-slide of 22.2% compared to 2015. The number of listings under contract year to date showed a slump of 2.5% from 2015, with 349 on a contract total this year. In Celina the number of approximate months supply of properties on the market this month saw a rise of 22.9%, with 3.8 months supply total. In Celina there was a climb of 44.2% in houses for sale in the market this month. There were 124 houses for sale in the market total this month. In Celina there was a gain of 32% in the number of days on market until sale this month from the same time of year last year. There were 59 days on market until sale total this month. This month percent of asking price received reached 95.5, a decrease of 0.2%. Percent of list price received in Celina year to date had a climb of 0.6%, with 96.8 percent total this year.

Click here to view homes in Celina.

 

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Bob Baesmann

DFW Team Realty | 972-978-8800
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