Dallas, TX Real Estate Market Reports For May 2018

By
Real Estate Agent with Lisa Von Domek Team TX License #0552989

The low inventory trend is changing for the Dallas area, but the available pre-owned homes (resale) remains well below what we need.  May reflected a much needed increase in that inventory:

 

 

 

 

 

New construction homes had a slight decrease in their available inventory from 2017:

 

 

 

  

  

And although the median price fluctuates month to month, it is exciting to see that the median home price continues to rise for our Dallas Real Estate market in resale homes...although May was basically consistent with 2017:

 

 

 

 

  

And homes are being listed and sold within a close margin, showing that the pricing is on target for both resale and new construction homes:

 

 

   

 

 

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Rainmaker
4,524,966
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Lisa.  Thanks for the information and update about the Dallas TX real estate market.

Jul 02, 2018 05:22 AM #1
Rainmaker
3,737,002
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Lisa, great market overview for Dallas, and sounds like you could still use more inventory.

Jul 02, 2018 05:32 AM #2
Rainmaker
2,617,633
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Hello Gabe Sanders thank you...I am so pleased that you liked the reports.  Have a wonderful week!

Jul 02, 2018 06:30 PM #3
Rainmaker
2,617,633
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Joan Cox you interpreted the reports correctly...we are in need of more inventory for home buyers!

 

Jul 02, 2018 06:31 PM #4
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Rainmaker
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Lisa Von Domek

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