Mar 12, 2011

Early 2011 Dallas Real Estate Stats

Figures are in for residential sales so far in 2011 from the North Texas Real Estate Information Services. Here is a look at the January and February year-to-date numbers:

North Dallas (south of LBJ, between Midway & Central):
Number of Sales: 46 (down 16% from this time in 2010)
Average Sales Price: $711,532 (down 7% )
Average Days on Market: 169 (up 33% )

Park Cities:
Number of Sales: 74 (up 10% from 2010)
Average Sales Price: $1,070,664 (up 12% )
Average Days on Market: 115 (down 10% )

Northeast Dallas (east of Central):
Number of Sales: 54 (down 10% from this time in 2010)
Average Sales Price: $235,212 (down 8% )
Average Days on Market: 97 (up 31% )

Northwest Dallas (west of Midway):
Number of Sales: 49 ( down 9% from 2010)
Average Sales Price: $197,060 ( up 2% )
Average Days on Market: 96 (up 9% )

Far North Dallas (north of LBJ to Plano, Central to Marsh):
Number of Sales: 93 ( up 9% )
Average Sales Price: $312,153 ( down 7% )
Average Days on Market: 87 ( down 13% )

East Dallas (east of Central, south of Northwest Hwy)
Number of Sales: 166 ( down 19% from this time in 2010)
Average Sales Price: $280,392 (up 25% )
Average Days on Market: 106 (up 43% )

2 comments:

Real Estate Note said...

This is really interesting take on the concept. I never thought of it that way. In common law, real estate refers to land and any other immovable property affixed to it, such as tress or buildings. Thanks a lot....

Sandy Fisher said...

The housing market is so up and down, but it seems its gotten better, especially Dallas Real Estate. It will be better soon. People are tired of snow and want to live in warmer climates