The low inventory trend is changing for the Dallas area, but the available pre-owned homes (resale) remains well below what we need. February reflected a slight decrease in that inventory:
New construction homes also had a slight decrease in their available inventory from 2017:
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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