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Dallas Area Real Estate Numbers Reveal Little Change in Sales Prices

By
Real Estate Agent with HomeSmart Stars TX #0552717

Good news for the Dallas real estate market!  The average sales prices in the areas served by the MetroTex MLS are holding firm.  While the number of sales is down across the board and the average days on the market is up, the silver lining is the steady average sales prices.

YTD - November ‘08

# of Sales

% Change vs Prior Year

Average Sale Price

% Change vs Prior Year

Avg DOM

% Change vs Prior Year

McKinney

1,841

-22%

$222,409

-2%

79

11%

Allen

1,195

-17%

$243,087

4%

81

19%

Frisco

2,575

-10%

$297,773

2%

89

19%

Plano

3,255

-15%

$273,584

-1%

67

24%

Carrollton/F.Branch

1,551

-11%

$191,228

6%

61

13%

Richardson

964

-19%

$173,194

-2%

63

15%

Far North Dallas
(includes Addison)

864

-28%

$341,612

0%

75

36%

North Dallas

478

-29%

$980,190

5%

100

43%

Northeast Dallas

540

-21%

$254,854

3%

59

18%

Northwest Dallas

453

-31%

$241,262

6%

76

27%

East Dallas

1,947

-18%

$254,367

-1%

76

21%

Park Cities

624

-16%

$1,206,042

0%

93

39%

Uptown (condos)

815

-29%

$322,447

10%

114

16%

I specialize in Addison but serve all the areas listed above!

Lorrie Semler, e-PRO, GRI
Addison Resident/Addison Specialist
Keller Williams - Dallas North
972-416-3417
www.LorrieSemler.com

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Posted by

Lorrie Semler, REALTOR
HomeSmart Stars

Serving your residential real estate needs in Dallas, TX and all the surrounding suburbs


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Comments(3)

Jim Albano
Prudential Damiano Realty - Little Falls, NJ
Team - Jean-Marie Vantuno / Realtors North Jersey Real Estate

Lorrie, that certainly is good news. And it contradicts what's being preached by the media. It's hard to argue with real numbers though. Keep up the good work promoting the facts!

Dec 17, 2008 02:14 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Good information for consumers. wish you good luck in 2009.

Dec 17, 2008 11:00 PM
Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417
HomeSmart Stars - Addison, TX
Real Service. Real Results. Real Estate

Jim: Real estate, like the weather, is local. 

Gita:  It's good information for everyone.  Luck, to you, too, i 2009 and beyond.

Dec 18, 2008 01:00 AM