Sachse Residential Home Sales For December 2016 Are Higher 17%

By
Real Estate Broker/Owner with DFW Team Realty
December 2016 Real Estate Market Summary for Sachse, TX (MLS Area 8)
  Month Year to Date
  2016 2015 % Change 2016 2015 % Change
New Listings 63 79 25.4 1445 1480 2.4
Closed Sales (Reported) 112 131 17.0 1226 1251 2.0
Closed Sales (Projected) 112 147 31.4 1226 1267 3.4
Listings Under Contract 52 78 50.0 1228 1270 3.4
Average Sales Price $237,242 $262,915 10.8 $221,613 $246,658 11.3
Median Sales Price $233,945 $240,500 2.8 $205,000 $232,500 13.4
Percent of Original Price Received 97.4 96.6 -0.7 98.2 98.7 0.4
Days on Market Until Sale 41 32 -22.8 34 31 -8.4
Inventory of Homes for Sale 159 132 -17.0      
Months Supply of Inventory 1.6 1.3 -18.6      

Houses sold in Sachse in December 2016 showed an increase of 17% from last year, with 131 sold total. The number of reported houses sold year to date reached 1251, an improvement of 2% from the same month last year. There were 147 projected real estate sales this month, and this was a rise of 31.4%. Projected home sales year to date in Sachse showed a rise of 3.4%, with 1267 projected total this year. Newly listed homes in the market in December 2016 was higher 25.4%, with 79 newly listed homes in the market this month. There was a climb of 2.4% in newly listed houses year to date. There were 1480 newly listed houses this year. Housing units listed under contract in December 2016 was 78, a hike of 50% relative to December 2015. Properties listed under contract year to date saw an uptick of 3.4% from the same month last year, with 1270 properties listed under contract this year. This month there were 1.3 months supply of real estate inventory, which was a decline of 18.6%. In Sachse in December 2016 properties for sale in the market was less 17%, with 132 properties for sale in the market this month. In December 2016 there was a slump of 22.8% in the number of days on market until sale from 2015. There were 32 days on market until sale total this month. In December 2016 the total percent of original list price received in Sachse reached 96.6, a decrease of 0.7%. Year to date the number of percent of list price received was at 98.7, a climb of 0.4%.

Click here to view homes in Sachse.

 

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Bob Baesmann

DFW Team Realty | 972-978-8800
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