About Johnson County, TX

Johnson County Texas Real Estate Sales were up 8% in December 2011 over the same month last year with 129 homes selling this month! For the 2011 year to date, overall home sales were at 1,485 homes sold, a -2% change from last year. Johnson County Texas Real Estate total dollar volume of homes sold this month was $16,166,538 which is a -2% change from this month last year. For the 2011 year to date, the total dollar sales were at $174,839,445, which is a -1% change.

Register online for monthly updates in your city and your neighborhood automatically emailed to you at Johnson County Real Estate. Search Johnson County homes, Johnson County foreclosures, and Johnson County short sales at DFWTeamRealty.com.

New Johnson County Texas Real Estate listings experienced a -31% change for the same period last year with 143 homes listed this month. For the 2011 year to date, overall home listings underwent a -14% change with 2,540 homes listed this year. Listings pending sales this month underwent a -23% change, with 76 homes contracted. Listings under contract for 2011 year to date experienced a -3% change, with 1,421 homes under contract for this month.

The average sales price of a home in this area was $125,322, a -8% change from this month last year. Overall, for 2011, the average sales price was $117,737, a 2% change. Sellers received 96% of their asking price this month, which is a -1% change from last year. For 2011 year to date, sellers received 96% of their asking price, which is a 0% change. This month, homes spent an average of 98 days on the market until sold, which was a 17% change from last year. For the 2011 year to date, the average number of days on the market was 86, an overall change of 6%.

The current supply of active listings on the market this month was 705 homes. This is a change of -23% from the same month last year. For the 2011 year to date, the supply of active listings on the market was 851, which is a -11% change. This month there was a 5.7 months’ supply of homes on the market; this was a -21% change from last year. For the 2011 year to date, there was a 6.9 months’ supply of homes on the market, which is a -9% change from the same period last year. The average price per square foot was $63 this month; a -7% change from last year. For the 2011 year to date, the average price per square foot was $61, a change of -1% .

Johnson County Real Estate sales is known as area 38 in the North Texas Real Estate Information System. Information is believed reliable but is only as accurate as reported by the system in the month of December 2011. DFW Team Realty provides month reports on Johnson County Real Estate Sales as well as Johnson County Foreclosures, Johnson County Short Sales, and Home in Johnson County. Please visit our website at DFWTeamRealty.com for the latest information on Johnson County homes by price range and community.

The DFW Metroplex is also known as Dallas Fort Worth Arlington Metropolitan Statistical Area, a title designated by the U.S. Census which encompasses 12 counties within the U.S. state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth Arlington and is comprised of over 70 area cities both incorporated and unincorporated.

The DFW Metroplex is, by population, the largest metropolitan area in Texas, the largest in the South, the fourth-largest in the United States, and the tenth-largest in the Americas. The DFW Metroplex encompasses over 9,000 square miles of total area, making it larger in area than the U.S. states of Rhode Island and Connecticut combined. It is also the sixth largest gross metropolitan product (GMP) in the United States, and approximately tenth largest by GMP in the world.

Johnson County Texas Real Estate Sales were up 10% in November 2011 over the same month last year with 112 homes selling this month! For the year to date, overall home sales were at 1360 homes sold, a -3% change from last year. Johnson County Texas Real Estate total dollar volume of homes sold this month was $12,180,112 which is a -6% change from this month last year. For the 2011 year to date, the total dollar sales were at $159,345,760, which is a 0% change.

Register online for monthly updates in your city and your neighborhood automatically emailed to you at Johnson County Real Estate. Search Johnson County homes, Johnson County foreclosures, and Johnson County short sales at Johnson County Home Values. This service is FREE and without any obligation from DFWTeamRealty.com.

New Johnson County Texas Real Estate listings experienced a -32% change for the same period last year with 138 homes listed this month. For the year to date, overall home listings underwent a -13% change with 2397 homes listed this year. Listings pending sales this month underwent a 51% change, with 110 homes contracted. Listings under contract for the year to date experienced a -1% change, with 1345 homes under contract for this month.

The average sales price of Johnson County Texas Real Estate was $108,751, a -14% change from this month last year. Overall, for the year, the average sales price was $117,166 , a 3% change. Sellers received 97% of their asking price this month, which is a 2% change from last year. For the year to date, sellers received 96% of their asking price, which is a 0% change. This month, homes spent an average of 66 days on the market until sold, which was a -23% change from last year. For the year to date, the average number of days on the market was 85, an overall change of 5%.

The current supply of active listings on the market this month was 761 homes. This is a change of -20% from the same month last year. For the year to date, the supply of active listings on the market was 864, which is a -10% change. This month there was a 6.2 months’ supply of homes on the market; this was a -19% change from last year. For the year to date, there was a 7. months’ supply of homes on the market, which is a -9% change from the same period last year. The average price per square foot was $58 this month; a -10% change from last year. For the year to date, the average price per square foot was $61, a change of 0%

Johnson County Real Estate sales is known as Multiple Listing Service (MLS) area 38 in the North Texas Real Estate Information System. Information is believed reliable but is only as accurate as reported by the system in the month of November 2011. DFW Team Realty provides month reports on Johnson County Real Estate Sales as well as Johnson County Foreclosures, Johnson County Short Sales, and Homes in Johnson County. Please visit our website at DFWTeamRealty.com for the latest information on Johnson County homes by price range and community. Search Johnson County Real Estate at Homes in DFW

Johnson County TX May 2011 Home Stats from NTREIS

Inventory of Homes for Sale: 875

Months Supply of Inventory: 8

Average Sales Price: -10.11% from 2010

Average days on market: 126

Model home on market BEFORE staging: 365+ days

A local developer contacted us to help get their inventory of 6 model spec homes sold and off their books. These homes had been sitting - unsold - for over a year.

Hampton Redesign worked within the developers budget by utilizing some existing model home furniture in their storage facility and staging only the main living areas and the master bedroom.

As there were 6 properties to sell before the next phase could be started, we recommended furnishings and accessories be purchased. Although the upfront cost is a little higher than renting, this gives a builder or developer the option to maximize their investment. Once the initially staged property sells, all furnishings can be moved to the next and so on. Since the furnishings become the property of the developer, they can either sell with the property as a value add or re-use to stage other homes.

This model home, once it was staged, sold and closed within 30 days (or less than a quarter of the average days on market in Johnson County).

Model home on market AFTER staging: 30 days

Buyers are looking for move in ready. Staging a new home helps buyers focus on the NEW and not the HOW!

Burleson, Texas Real Estate Market Report Supply And Demand The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in the past few weeks. We continue to see prices hovering around the current levels of $77 per square foot. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.