Wichita Falls Real Estate Market Report - November 2017
Enjoy this Wichita Falls Real Estate Market Report for November 2017. You may also search for homes for sale and save your favorite properties. Set up a search and be alerted when new properties matching your criteria come on the market.
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Wichita Falls Housing Market Remains a Seller's Market in 2017
Here is a look at the Wichita Falls Real Estate Market for November 2017. According to a report released on November 15th by the Wichita Falls Association of REALTORS® (WFAR) October 2017 saw 126 single family homes sold in October down from 152 homes sold in October 2016 while the average price dropped to $133K from $134K the year prior. Homes for sale in Burkburnett TX are also strong indicating that sales throughout the region continue to look up.
A Look at Housing Stats
The Wichita Falls Association of REALTORS® (WFAR) covers 5 north Texas counties: Archer, Clay, Young, Wichita and Wilbarger. In this area for the month of October 2017:
- 126 Sales Closed -- Down from 152 in October 2016
- 186 Homes were In Contract expected to close soon
- 194 New Listings went on the market
- Average Days on Market (DoM) = 60
- Active Listings = 516
- Month's of Inventory = 4.1 Months
In the last 3 months there have been 154 Expired Listings.
More on the Wichita Falls Real Estate Market and what this means if you are looking to buy or sell a home in the next six months.
