Murphy TX Real Estate Home Sales Report for November 2011

Murphy TX Real Estate Home Sales Report for November 2011

November home sales in Murphy TX were modest in comparison to October. There were 11 homes sold with a median sales price of $255,800. In 2010 during the month of November 15 homes sold with a median sales price of $250,786. The average days on market during 2011 was 73 and in 2010 79 days. New construction home sales was a small factor in November sales with only two homes sold.

November home sales represents 36% sales due to REO, Real Estate Owned, in the city of Murphy. Two of the REO homes are in Murphy Farms with one home in the Ranch and one home in Maxwell Creek.

The neighborhood of Maxwell Creek remains the leading neighborhood in sales. There were 4 homes sold with 2 of the 4 homes representing new construction.No other neighborhood really stood out in sales for this month.

A new listing is on the market in the Gables at North Hills. Home was built in 2005 by First Texas Homes. It has so many amenities of home with 4 bedrooms, split and 2 full baths. The master bedroom has a nice size walk-in closet with extra storage shelves and accessible through the master bath. The garden tub in the master bath is jetted as well as a separate shower and dual vanitites. An extra feature in this home is the woodburning, gas starter fireplace in the master bedroom. The family room with its own woodburning, gas starter fireplace looks out over the southern backyard with a Blue Haven pool and spa.

In closing, I wish you and yours a very Merry Christmas.