North Dallas Housing Statistics

Market statistics are in for the start of 2013 and the picture is bright for Texas, North Texas and Dallas. But lets take a closer look at North Dallas real estate. For the areas south of LBJ Freeway ( I-635) and north of Northwest Highway:

 

Between Midway Road and Central Expressway ( I-75) 

 

Number of Sales in January 2013: 42

% change from a year ago: + 68%

Average sales price: $929,113
% change from a year ago: + 44%

Average Days on Market to sell: 78
% change from a year ago: - 28%

Months of Inventory of available homes for sale: 4.1
% change from a year ago: -46%

West of Midway Road

Number of Sales in January 2013: 32
% change from a year ago: - 6%

Average sales price: $232,046
% change from a year ago: + 24%

Average Days on Market to sell: 72
% change from a year ago: - 24%

Months of Inventory of available homes for sale: 2.5
% change from a year ago: -47%


East of Central Expressway ( I-75)

Number of Sales in January 2013: 28
% change from a year ago: + 4%

Average sales price: $298,801
% change from a year ago: + 11%

Average Days on Market to sell: 79
% change from a year ago: +18%

Months of Inventory of available homes for sale: 1.8
% change from a year ago: -52%


South of Northwest Hwy, between Love Field and Central Expressway

Number of Sales in January 2013: 24
% change from a year ago: - 33%

Average sales price: $838,312
% change from a year ago: - 28%

Average Days on Market to sell: 101
% change from a year ago: + 6%

Months of Inventory of available homes for sale: 3.2
% change from a year ago: -39%

The lack of inventory of homes for sale continues to be a strong issue - driving prices up and keeping the number of sales lower.  [where: 75230]