The low inventory trend continues for the Dallas area, with available pre-owned homes (resale) well below what we need. January, once again, saw a decrease in that inventory from 2015:
New construction homes, though, had another substantial increase in their available inventory from 2014 and 2015:
And although the median price fluctuates month to month, it is exciting to see that the median home price continues to rise for our Dallas Real Estate market in resale homes:
And homes are being listed and sold within a close margin, showing that the pricing is on target for both resale and new construction homes:
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