Prosper Home Sales For February 2016 Are Down 4.8%
By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
February 2016 Real Estate Market Summary for Prosper, TX (MLS Area 59) Month Year to Date 2016 2015 % Change 2016 2015 % Change Closed Sales (Reported) 42 40 -4.8 71 76 7.0 Closed Sales (Projected) 42 45 7.0 71 81 14.0 Listings Under Contract 67 53 -20.9 122 117 -4.1 Average Sales Price $443,720 $452,809 2.0 $419,226 $456,723 8.9 Median Sales Price $407,000 $437,500 7.5 $372,500 $437,500 17.4 Percent of Original Price Received 95.2 96.0 0.9 95.0 95.8 0.9 Days on Market Until Sale 93 95 1.4 104 92 -12.0 Inventory of Homes for Sale 202 213 5.4 Months Supply of Inventory 3.7 3.1 -15.8 In February 2016 housing sales recorded saw a decrease of 4.8% in contrast to the same point in time last year, with 40 sold total. Year to date there were 76 real estate sales recorded in Pr...
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