Dallas Real Estate Market Activity

By
Real Estate Agent with United Real Estate Dallas TREC# 0544069

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 Sales: 505 down 2% from 2014

Average Sales Price: $324,287

Up 9% from 2014

Average Days on the Market: 33

Down 18% from 2014

Months of Inventory 1.6

Down 18% from 2014

PARK CITIES

Year to Date Sales: 483

Down 2% from 2014

Average Sales Price: $1,314,817

Up 1% from 2014

Average Days on the Market: 53

Down 4% from 2014

Months of Inventory: 4.5

Up 9% from 2014

 

Statistics were compiled from the North Texas Real Estate Information System.

Each of the geographic areas in this report is made up of a many neighborhoods with their own market statistics. Please contact me to find out what your home is worth. I would be honored to help you with your real estate needs.

Posted by

 Sharon Parisi,  Realtor®

Helping Dallas area buyers and sellers meet their real estate needs

214-450-3742

Sharon@sharonparisi.com

United Real Estate

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Texas Dallas County Dallas
Groups:
Texas Real Estate
Posts to Localism
Local Expert
Keller Williams 'Rainers
Addicted to Active Rain
Tags:
dallas realtor
dallas home sales
dallas homes
dallas real estate
homes dallas market report
sharon parisi
north dallas
north dallas real estate
north dallas realtor
realtor for widows
realtor single women

Spam prevention
Show All Comments
Rainmaker
178,919
Kim Johnson
Signature Realty Inc. - Coral Springs, FL
Selling South Florida

Good morning Sharon! Great report on the Dallas area!!

Sep 23, 2015 07:42 PM #1
Rainmaker
4,561,488
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Sharon, nice market update for the Dallas area, and looks like you are enjoying a strong Seller's market. 

Sep 23, 2015 11:39 PM #2
Rainmaker
1,076,362
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Thank you, Kim!

Joan, Dallas has  been fortunate to enjoy a strong market for the last few years.

Sep 24, 2015 07:06 AM #3
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
1,076,362

Sharon Parisi

Dallas Homes
How can I help you with your real estate needs?
*
*
*
*