Dallas Area market Report January 2016

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

EAST DALLAS

Year to Date Sales: 2,478
Up 5% from 2015
Average Sales Price: $371,833
Up 11% from 2015
Average Days on the Market: 33
Down 15% from 2015
Months of Inventory: 1.7 Months
Down 24% from 2015

NORTH DALLAS

Year to Date Sales: 703
Down 2% from 2015
Average Sales Price: $1,084,017
Up 6% from 2015
Average Days on the Market: 56
Down 21% from 2015
Months of Inventory: 4.3
Up 1% from 2015

FAR NORTH DALLAS

Year to Date Sales: 1162
Down 5% from 2015
Average Sales Price: $425,944
Up 4% from 2015
Average Days on the Market: 34
Down 6% from 2015
Months of Inventory: 1.9
Down 6% from 2015

 

NORTHEAST DALLAS

Year to Date Sales: 781                                                                                      
Up 3%  from 2015
Average Sales Price: $345,601
Up 9% from 2015
Average Days on the Market: 36
Down 3% from 2015
Months of Inventory: 1.8
Down 8% from 2015

 
PARK CITIES

Year to Date Sales: 698
0%  change from 2015
Average Sales Price: $1,344,061
Up 6% from 2015
Average Days on the Market: 56
Down 3% from 2015
Months of Inventory: 4.6
Up 13% from 2015

 

 

Information based on statistics from the North Texas Real Estate Information System-

 

Each market is made up of micro markets.  Many of those markets are ripe for additional listings. Buyers are watching their neighborhoods of choice hoping for new listings to come on the market.

If you have been thinking about selling your home, please give me a call and I will provide you with an up-to-date report on your specific market and answer any questions you may have about the selling process.

It would be my pleasure to help you with your unique 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

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Rainmaker
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Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

I can definitely see this as a vibrant community! I even heard that Wrestlemania 32 is coming to the new football stadium.

Jan 16, 2016 03:56 PM #1
Rainmaker
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Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Laura, AT&T Stadium seats 80,000!  That will be quite a crowd!

Jan 16, 2016 05:27 PM #2
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Rainmaker
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Sharon Parisi

Dallas Homes
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