Sachse Housing Sales For January 2017 Lower 4.7%

By
Real Estate Broker/Owner with DFW Team Realty
January 2017 Real Estate Market Summary for Sachse, TX (MLS Area 8)
  Month Year to Date
  2017 2016 % Change 2017 2016 % Change
New Listings 90 81 -10.0 90 81 -10.0
Closed Sales (Reported) 64 61 -4.7 64 61 -4.7
Closed Sales (Projected) 64 69 7.1 64 69 7.1
Listings Under Contract 91 910.0 91 910.0    
Average Sales Price $229,199 $284,123 24.0 $229,199 $284,123 24.0
Median Sales Price $218,700 $250,000 14.3 $218,700 $250,000 14.3
Percent of Original Price Received 97.1 95.6 -1.5 97.1 95.6 -1.5
Days on Market Until Sale 56 33 -41.9 56 33 -41.9
Inventory of Homes for Sale 130 118 -9.2      
Months Supply of Inventory 1.3 1.1 -10.7      

This month there were 61 properties sold, and this was a fall of 4.7% compared to 2016. In Sachse there were 61 recorded homes sold year to date, and this was a decrease of 4.7% relative to January last year. There were 69 projected houses sold this month, which was a climb of 7.1%. Year to date projected houses sold saw a rise of 7.1%, with 69 projected houses sold this year. This month there was a drop of 10% in new listings. There were 81 new listings total this month. Year to date new housing units in the market in Sachse was lower 10%, with 81 new housing units in the market total this year. Units listed under contract this month was at 910.0, a hike of 91% from last year. There were listings under contract year to date, which was no difference from January 2016. The number of approximate months supply of home inventory this month in Sachse was at 1.1, a decline of 10.7%. The number of properties for sale in January 2017 slumped 9.2%, with 118 properties for sale this month. This month there was a decline of 41.9% in days on market until sale in Sachse from 2016. There were 33 days on market until sale total this month. This month the total percent of original list price received saw a fall of 1.5%, with 95.6 percent total. Percent of list price received year to date reached 95.6 total, a down-slide of 1.5%.

Click here to view homes in Sachse.

 

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Bob Baesmann

DFW Team Realty | 972-978-8800
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