What might they do in August this year? We may see the usual seasonal drop. Not a big drop, but a slow down from the brisk sales we've seen since March. I base this on the number of homes in North Dallas currently pending and under contract ( and we can expect to close in the next 30-45 days). We also have fewer homes available for sale and interest rates are climbing. Here is a break down of the recent history of pending and closed sales each month:
Monthly Pending & Closed Sales in North Dallas
( between Northwest Hwy & LBJ Freeway )
March 2013
Pending: 1,055
Sold: 1,003
April 2013
Pending: 1,079
Sold: 1,062
May 2013
Pending: 1,103
Sold: 1,083
June 2013
Pending: 1,068
Sold: 1,087
These numbers are pretty good when you consider these statistics:
June 2012
Pending: 842
Sold: 808
June 2011
Pending: 763
Sold: 766
June 2010
Pending: 754
Sold: 750
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