Sales statistics can be a tricky thing. It's hard to lump together the sale of a condo near Park Lane and Central with an estate near Park Lane and Inwood and come up with an average. And that's what a lot of statistics do. Really accurate sales stats compare like properties in the same neighborhood. When conducting a marketing analysis for a property, I typically look at the area, age of the property, square footage, lot size, proximity to busy roads, etc.
But for the sake of space and time limitations, here are the basic sales stats for the area for 2011 with a comparison to 2010. It includes single family homes, duplexes, townhomes and condos.
Official numbers for the entire metroplex won't be released from NTREIS (North Texas Real Estate Information Services) for a couple more weeks. And there might be one or two stragglers who haven't reported a holiday sale yet. But these figures are pretty accurate and you get to see them now. Click on the chart to see it larger.
2 comments:
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