Month | Year to Date | |||||
---|---|---|---|---|---|---|
2016 | 2015 | % Change | 2016 | 2015 | % Change | |
Closed Sales (Reported) | 47 | 54 | 14.9 | 673 | 691 | 2.7 |
Closed Sales (Projected) | 47 | 61 | 29.1 | 673 | 698 | 3.7 |
Listings Under Contract | 44 | 62 | 40.9 | 686 | 726 | 5.8 |
Average Sales Price | $185,399 | $218,052 | 17.6 | $178,705 | $206,161 | 15.4 |
Median Sales Price | $175,000 | $188,000 | 7.4 | $162,000 | $185,000 | 14.2 |
Percent of Original Price Received | 97.0 | 99.8 | 2.9 | 98.9 | 99.8 | 0.9 |
Days on Market Until Sale | 29 | 25 | -14.0 | 26 | 22 | -16.4 |
Inventory of Homes for Sale | 91 | 66 | -27.5 | |||
Months Supply of Inventory | 1.5 | 1.1 | -29.0 |
In Denton there were 54 real estate sales recorded in November 2016, which was an uptick of 14.9% compared to November 2015. Year to date there was an uptick of 2.7% in housing sales in contrast to the same period 2015. There were 691 housing sales this year. In Denton projected properties sold this month saw a rise of 29.1%, with 61 projected properties sold this month. In Denton year to date the number of projected home sales was at 698, a rise of 3.7%. Newly listed properties in Denton in November 2016 was at 61, an improvement of 7%. In Denton there were 822 newly listed houses in the market year to date, and this was an increase of 3.7%. This month listings under contract was 62 total, an increase of 40.9% relative to the same period 2015. Contract listings year to date experienced a rise of 5.8% from last year, with 726 listed under contract total this year. This month months supply of houses on the market in Denton was 1.1, a fall of 29%. There was a drop of 27.5% in houses for sale in the market this month. There were 66 houses for sale in the market total this month. In Denton in November 2016 the number of days on market until sale was lower 14% from last year, with 25 days on market until sale total this month. This month percent of asking price received in Denton was up 2.9%, with 99.8 percent of asking price received total this month. Percent of original asking price received year to date had an improvement of 0.9%, with 99.8 percent total this year.
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