April 2011 Home Sales Trends - Dallas, Texas

By
Real Estate Agent with Baton Rouge Area Homes

April 2011 home sales trends numbers are now available for Dallas, Texas and unit volume continues to be a bit soft.

There were 3,809 homes sold in April 2011 as compared with 4,791 sold during April 2010.  Keep in mind the homebuyers tax credit was still in effect last April which led to elevated sales levels.  There have been 11,925 homes sold in Dallas year to date verses 13,857 sold during the same time period in 2010.

The average home sold for $225,200 and there is currently a 7.2 month supply of available homes on the market.

The job creation market is still strong in Dallas has and will continue to mitigate the slowing real estate market.  Dallas is still a premiere destination for business and consumer relocation.

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