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Dallas Real Estate Market Activity
As a Realtor, it's important to follow local market trends. Statistics in this report show that prices continue to increase in all markets featured below. In North Dallas and Park Cities, days on the market have decreased and inventory has slightly increased providing more of a choice for buyers. Inventory has continued to decrease in all other areas. It is still a Seller's Market in all areas listed below. This report is based on sales through the end of August 2015. NORTH DALLAS Year to Date Sales: 482 Down 5% from 2014 Average Sales Price: $1,117,652 Up 10% from 2014 Average Days on the Market: 55 Down 20% from 2014 Months of Inventory: 4.4 Up 4% from 2014 FAR NORTH DALLAS AND ADDISON Year to Date Sales: 852 Up 3% from 2014 Average Sales Price: $430,671 Up 7% from 2014 Average Days on the Market: 32 Change 0% from 2014 Months of Inventory: 1.7 Down 18% from 2014 EAST DALLAS Year to Date Sales: 1,725 Up 7% from 2014 Average Sales Price: $380,689 Up 14% from 2014 Average Days on the Market 33 Down 11% from 2014 Months of Inventory: 1.6 Months Down 23% from 2014 NORTHEAST DALLAS Year to Date Sales: 539 Down 2% from 2014 Average Sales Price: $347,793 Up 10% from 2014 Average Days on the Market: 34 Change 0% from 2014 Months of Inventory: 1.7 Down 11% from 2014 NORTHWEST DALLAS Year to Date ... more
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