December Sales Activity Report for Dallas/ Ft/ Worth

Real Estate Agent with Ebby Halliday, REALTORS 0183467

Sales of single family homes were up 5% in December compared to last December. The average sales price declined by 4%. The number of new listings dropped 25% bring down the number of active listing by 23%. We now have a 5.1 months supply of homes for sale. Pending sales were up by 4%.

Sales numbers for the year of 2011 show sales to be flat as were the average and median sales prices.

The condo and townhouse markets were down by 8% in December and the average sales price fell by 8%. The number of active listings continued there decline off by 28%. For 2011 condo and townhouse sales were down by 1% and the average sales price declined by 5%.

The rental market remained strong with rentals up by 5% in December and the average rental rate was up by 3%. For the year rentals were up by 12% with an average rental rate up by 6%. The demand for rental units remains very strong.

The single family market remains fragmented with most of the sales below $80,000 or above $200,000. The in between price ranges that represent most of the first time homes buyers continue to show declining sales and average sales prices.  


Comments (4)

Pat Champion
John Roberts Realty - Eustis, FL
Call the "CHAMPION" for all your real estate needs

It looks like your market area Dallas Ft. Worth is very similar to our market area. I wish you success in the upcoming year.

Jan 09, 2012 08:44 AM
Kymberly Caldwell-Muniz
(909) 973-0410 - Fontana, CA
TCR Group Keller Williams Realty Rancho Cucamonga

Hello Marie, thanks for the statistical reports, they are always interesting to read the latest reports on other communities.  I hope your efforts bring you some business.

Jan 09, 2012 08:48 AM
James A. Browning
Browning Real Estate School/REO Institute - International, IT
MRE REOCertified(R) SSCertified

Thank you for sharing your blog; we need Real estate Professionals to share their comments and information regarding their markets and experiences. Thanks again from beautiful Colorado; Spring is here in the Rocky Mountains

Apr 12, 2012 01:48 AM
Phil Hillerman
Crye-Leike Realtors® - Rogers, AR
Crye-Leike Realtors®

Hi Marie, Good stats, I hope you have a successful spring season.

Mar 26, 2013 02:42 AM