The real estate market surrounding Stonewall Jackson Elementary School in East Dallas, TX is always busy. Even in the traditionally slow holiday time in real estate across the country, homeownership in the Stonewall Jackson District real estate market continues to exchange hands. Here's a wrap-up of the December 2012 housing stats for this area.
According to NTREIS, there are currently 63 properties for sale in the Stonewall Jackson District with an average $302,098 listing price. That's almost $10,000 higher than the average listing price for November 2012. The average days on market for November was 102 days. In December, it was 96.
The amount of pending sales in the Stonewall Jackson District in December 2012 was 15, just 3 less than the previous month. The average listing price for the current pending sales is $322,080 after 77 days on the market. In November, it was slightly higher at a listing price of $350,983 after 105 days on the market.
There were 22 properties sold in the Stonewall Jackson District during December for an average price of $278,991, just 2.8% below the original listing price. While this is slightly higher in price than November's average sales price ($268,425), it remains the exact same percentage below the listing price as November sales. However, the average days on market before being sold increased in December, from 82 to 105. The price per square foot has gone up as well, from $150 to $157.
Traditionally, the real estate market slows down at the end of the year. The Stonewall Jackson District of Dallas, TX is no different. However, it is far from a depressed market. When you're ready to hop in to the homeownership pool, just let me know.
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