| Month | Year to Date | |||||
|---|---|---|---|---|---|---|
| 2016 | 2015 | % Change | 2016 | 2015 | % Change | |
| New Listings | 136 | 134 | -1.5 | 2538 | 2515 | -0.9 |
| Closed Sales (Reported) | 213 | 181 | -15.0 | 2149 | 2239 | 4.2 |
| Closed Sales (Projected) | 213 | 203 | -4.5 | 2149 | 2261 | 5.2 |
| Listings Under Contract | 142 | 143 | 0.7 | 2186 | 2247 | 2.8 |
| Average Sales Price | $174,675 | $188,295 | 7.8 | $162,972 | $180,811 | 10.9 |
| Median Sales Price | $152,000 | $172,000 | 13.2 | $147,500 | $165,000 | 11.9 |
| Percent of Original Price Received | 96.6 | 98.4 | 1.9 | 98.7 | 99.5 | 0.8 |
| Days on Market Until Sale | 41 | 24 | -41.2 | 32 | 25 | -19.8 |
| Inventory of Homes for Sale | 238 | 159 | -33.2 | |||
| Months Supply of Inventory | 1.3 | 0.9 | -35.9 | |||
There were 181 home sales in December 2016, which was a slump of 15% from 2015. The number of residential property sales recorded year to date saw an increase of 4.2% in contrast to the same period 2015, with 2239 residential property sales recorded this year. There was a dip of 4.5% in projected housing sales this month. There were 203 projected housing sales total this month. The number of projected units sold year to date in Garland was up 5.2%, with 2261 projected units sold this year. In December 2016 new home listings was 134, a drop of 1.5%. There was a decrease of 0.9% in new listings year to date. There were 2515 new listings total this year. In Garland this month the number of contract listings experienced a climb of 0.7% from 2015, with 143 listed under a contract total. The number of listings under contract year to date showed a growth of 2.8% from 2015, with 2247 listed under a contract total this year. Approximate months supply of houses on the market in December 2016 saw a slump of 35.9%, with 0.9 months supply total. In Garland in December 2016 housing units for sale lost 33.2%, with 159 housing units for sale this month. The number of days on market until sale this month showed a slump of 41.2% relative to December last year, with 24 days total. This month percent of original list price received showed an increase of 1.9%, with 98.4 percent total. Percent of original list price received in Garland year to date reached 99.5, a rise of 0.8%.
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