Prosper Property Sales For December 2016 Higher 4.8%

By
Real Estate Broker/Owner with DFW Team Realty
December 2016 Real Estate Market Summary for Prosper, TX (MLS Area 59)
  Month Year to Date
  2016 2015 % Change 2016 2015 % Change
New Listings 48 54 12.5 1051 1218 15.9
Closed Sales (Reported) 63 66 4.8 820 804 -2.0
Closed Sales (Projected) 63 74 17.7 820 812 -1.0
Listings Under Contract 33 39 18.2 833 816 -2.0
Average Sales Price $458,952 $485,176 5.7 $443,500 $470,494 6.1
Median Sales Price $448,385 $462,500 3.1 $425,944 $441,651 3.7
Percent of Original Price Received 94.2 95.4 1.2 96.2 96.1 -0.2
Days on Market Until Sale 87 68 -21.7 69 65 -7.1
Inventory of Homes for Sale 188 294 56.4      
Months Supply of Inventory 2.8 4.4 59.5      

This month homes sold was higher 4.8% in contrast to December last year, with 66 homes sold this month. In Prosper there were 804 home sales reported year to date, which was a drop of 2% relative to last year. This month there were 74 projected homes sold in Prosper, which was a climb of 17.7%. Year to date projected real estate sales reached 812 total, a decline of 1%. This month there was a growth of 12.5% in the number of new homes for sale in Prosper. There were 54 new homes for sale total this month. Year to date there were 1218 new housing units in the market in Prosper, and this was an uptick of 15.9%. In Prosper this month contract listings showed an increase of 18.2% in contrast to the same point in time last year, with 39 listed on contract total. Year to date there were 816 listings under contract, which was a slump of 2% from last year. In Prosper months supply of inventory in December 2016 showed a climb of 59.5%, with 4.4 months supply total. In Prosper properties for sale on the market in December 2016 experienced a climb of 56.4%, with 294 listed in the market total. In December 2016 days on market until sale showed a decline of 21.7% in contrast to December 2015, with 68 days total. Percent of asking price received in December 2016 in Prosper was at 95.4 total, a climb of 1.2%. Year to date the number of percent of original list price received slid 0.2%, with 96.1 percent of original list price received this year.

Click here to view homes in Prosper.

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Texas Collin County Prosper
Tags:
prosper texas real estate
prosper home value reports

Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
771,687

Bob Baesmann

DFW Team Realty | 972-978-8800
Ask me a question
*
*
*
*