Oct 10, 2008

Current Dallas Real Estate Stats

With every headline screaming that our market is going to hell in a handbasket; here are our latest residental sales statistics according to the North Texas Real Estate Information Service (our local MLS).

These stats are for single family homes
.

September 2008 Year To Date Statistics

North Dallas (south of LBJ, between Midway & Central):

Number of Sales: 423 (down 25% from this time 2007)

Average Sales Price: $972,603 (up 5% from 2007)

Park Cities:

Number of Sales: 554 (down 13% from this time 2007)

Average Sales Price: $1,88,816 (down 3% from 2007)

Northeast Dallas (east of Central, south of LBJ):

Number of Sales: 485 (down 17% from 2007)

Average Sales Price: $251,694 (up 1% from 2007)

Northwest Dallas (west of Midway):

Number of Sales: 391 (down 31% from 2007)

Average Sales Price: $242,898 (up 7% from 2007)

Far North Dallas (LBJ to Plano from Central to Marsh):

Number of Sales: 739 (down 28% from 2007)

Average Sales Price: $338,951(down 2% from 2007)

[where: 75230]

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