Bain & Associates Inc. Blog

January 2009 North Texas Sales Statistics
February 21st, 2009 9:27 AM
  Report  |  NTREIS Info

NTREIS MLS Area Housing Activity Report
Compiled for North Texas Real Estate Information System

Current Month Summary for: January 2009

Property Type Sales % Change
Year Ago
Dollar
Volume
% Change
Year Ago
Average
Price
% Change
Year Ago
Single Family 3,399 -27% $569,696,193 -33% $167,607 -8%
Condos and Townhomes 162 -46% $25,772,256 -53% $159,088 -14%
Farms and Ranches 23 -38% $9,366,221 -15% $407,227 36%
Multifamily 45 -32% $5,022,810 -53% $111,618 -31%
Lots and Vacant Land 163 -53% $16,507,662 -65% $101,274 -25%
Commercial 31 -40% $5,609,357 -59% $180,947 -31%
Rentals 2,005 25% $2,582,440 27% $1,288 1%




Property Type Median
Price
% Change
Year Ago
Price/
Sqft
% Change
Year Ago
DOM % Change
Year Ago
Single Family $129,000 -6% $78 -7% 86 -2%
Condos and Townhomes $108,000 -16% $109 -13% 116 30%
Farms and Ranches $170,900 -13%     135 35%
Multifamily $90,000 -20%     132 39%
Lots and Vacant Land $41,750 -33%     196 12%
Commercial $61,120 -64%     170 27%
Rentals $1,200 0% $1 6% 56 0%




Property Type Pending
Sales
% Change
Year Ago
New
Listings
% Change
Year Ago
Active
Listings
% Change
Year Ago
Single Family 4,367 -17% 10,202 -19% 37,224 -14%
Condos and Townhomes 228 -26% 881 -13% 3,769 -2%
Farms and Ranches 25 -29% 172 -7% 1,132 17%
Multifamily 56 -20% 178 -21% 960 -4%
Lots and Vacant Land 211 -33% 1,921 -1% 16,763 16%
Commercial 33 -33% 364 -14% 3,185 7%
Rentals 1,891 23% 2,643 13% 5,341 22%


Note: Current month's sales are preliminary and the previous 11 months were revised
Source: Real Estate Center for NTREIS


Posted in:General
Posted by David Bain on February 21st, 2009 9:27 AMPost a Comment

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