The Colony Residential Home Sales For November 2016 Lower 9.3%
By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
November 2016 Real Estate Market Summary for The Colony, TX (MLS Area 9) Month Year to Date 2016 2015 % Change 2016 2015 % Change Closed Sales (Reported) 43 39 -9.3 517 548 6.0 Closed Sales (Projected) 43 44 1.9 517 553 6.9 Listings Under Contract 40 37 -7.5 543 558 2.8 Average Sales Price $217,648 $244,342 12.3 $202,925 $240,056 18.3 Median Sales Price $200,000 $225,000 12.5 $190,000 $223,000 17.4 Percent of Original Price Received 97.3 98.9 1.6 99.8 99.5 -0.3 Days on Market Until Sale 28 21 -22.7 21 21 -2.7 Inventory of Homes for Sale 60 600.0 Months Supply of Inventory 1.3 1.2 -6.4 The number of reported houses sold this month underwent a dip of 9.3% from last year, with 39 sold total. The number of houses sold year to date in The Colony was higher 6% from the same...
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