Little Elm Real Estate Market Sees Sales Decline

In this week's report, the number of homes sold in the Little Elm market slid to 57 over the past 30 days, a decrease of 18.6% from last week's report. On the other hand, close-by Frisco registered 195 homes sold in the same time frame, the most of all surrounding cities. Pricing in Little Elm remains consistent from last week to this week, with the median sales price at $249,900 again. With only three months of inventory to sell, Little Elm is a seller's market, in spite of the dip in sales.

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Demographic facts for Little Elm:

  • The median value of all homes in the area is $140,800.
  • Average number of rainy days is 79 per year. (U.S. average: 100)
  • This area has an unemployment rate of 6.6%.
  • The students per teacher ratio in this area is 15.4:1. (15.3:1 = national average)

Data reported through 10/12/2016

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