Mar 19, 2012

Dallas Home Sales Statistics

Unless you've been out of touch, you probably know that 2012 sales are up. Here is a more detailed look at the area Year-to-Date stats for single family homes:

Number of Sales:

Entire DFW area: up 20%
North Dallas (Northwest Hwy to LBJ): up 44%
Park Cities: up 19%
East Dallas: up 34%
North East Dallas: up 35%
Far North Dallas: up 29%

Average Sales Price:

Entire DFW area: 0% change
North Dallas (Northwest Hwy to LBJ): up 3%
Park Cities: down 4%
East Dallas: down 12%
North East Dallas: up 7%
Far North Dallas: down 7%

Pending Sales (homes under contract) are up 25% in the metroplex. Homes priced under $700,000 have the least amount of inventory of available properties for sale.

But the year is still young. Unless more homes come on the market, we may see the number of sales drop and the prices rise.
[where: 75230]

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