The updated results are in for the housing stats for the Dallas area and they still remain counter cyclical to many areas of the country in the bust phase.
Home sales in Dallas have been impacted slowing down year over year and days on market like many areas of the country have started to creep up.
The most counter cyclical observation is that the homes are appreciating slightly which is similar to what was observed earlier in the year. This reflected that we didn't see the big upswing in prices therefore we are not seeing a big downswing either. Many central U.S. cities have seen this.
See table for your favorite area of the Dallas metro to drill down.
ACTIVITY REPORT NOVEMBER 2007 Collin, Denton, Dallas Counties November 2007 YTD Single Family Homes
City | Sales | % Change | Avg Sale | % Change | DOM | % Change |
Allen | 1421 | -14% | $233,643 | 5% | 68 | 19% |
Anna | 222 | -32% | $128,619 | -3% | 90 | 17% |
Carrollton/F. Branch | 1731 | -16% | $179,995 | 1% | 54 | 0% |
Celina | 137 | -23% | $213,814 | 11% | 105 | 15% |
Coppell | 628 | -34% | $293,754 | 9% | 47 | -2% |
Denton County N | 2720 | -8% | $159,546 | 5% | 76 | 6% |
Denton County S | 4164 | -9% | $249,539 | 7% | 58 | 0% |
Dallas E | 2377 | -6% | $256,848 | 9% | 63 | -2% |
Dallas Far N | 1196 | -5% | $340,983 | -1% | 55 | -8% |
Dallas N | 674 | -5% | $935,515 | 21% | 70 | 8% |
Dallas NE | 677 | 3% | $248,003 | 8% | 50 | 0% |
Dallas NW | 650 | 1% | $228,667 | 5% | 60 | -6% |
Fairview/Lucas | 269 | 0% | $342,941 | 0% | 80 | 31% |
Frisco | 2824 | -11% | $292,594 | 4% | 75 | 19% |
Garland | 2136 | -11% | $126,051 | 0% | 71 | 9% |
Irving | 1321 | 4% | $191,455 | 3% | 69 | -5% |
McKinney | 2351 | -15% | $226,981 | 1% | 71 | 15% |
Melissa | 156 | -9% | $188,556 | 1% | 115 | 28% |
Mesquite | 1860 | -6% | $105,338 | -6% | 77 | 4% |
Oakcliff N | 1299 | -3% | $108,592 | -5% | 70 | 4% |
Oakcliff S | 508 | -6% | $75,165 | -10% | 75 | 15% |
Park Cities | 742 | -4% | $1,203,174 | 12% | 67 | 12% |
Plano | 3806 | -10% | $277,327 | 5% | 54 | 8% |
Prosper | 291 | 41% | $291,360 | -6% | 99 | 25% |
Richardson | 1183 | -5% | $177,103 | 2% | 56 | 4% |
Rockwall | 1399 | -2% | $223,092 | 2% | 86 | 2% |
Uptown (condos) | 1147 | 2% | $293,861 | 15% | 97 | 18% |
Wylie | 861 | -10% | $176,544 | 2% | 76 | 19% |
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