Denton Residential Home Sales For December 2016 remain Flat
By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
December 2016 Real Estate Market Summary for Denton, TX (MLS Area 31) Month Year to Date 2016 2015 % Change 2016 2015 % Change New Listings 49 40 -18.4 842 863 2.5 Closed Sales (Reported) 57 57.0 730 750 2.7 Closed Sales (Projected) 57 64 12.4 730 757 3.7 Listings Under Contract 40 41 2.5 726 767 5.6 Average Sales Price $190,772 $212,381 11.3 $179,647 $206,591 15.0 Median Sales Price $165,000 $190,000 15.2 $162,810 $185,000 13.6 Percent of Original Price Received 98.5 98.6 0.1 98.9 99.7 0.9 Days on Market Until Sale 27 33 20.8 26 23 -13.7 Inventory of Homes for Sale 88 59 -33.0 Months Supply of Inventory 1.4 0.9 -34.7 In Denton there were 57.0 housing sales reported this month, and this was a growth of 0% in contrast to 2015. In Denton there was no difference in recor...
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