Aug 20, 2013
DFW Homes Sales overall are up 27% from 1 year ago.
DFW Home Prices overall are up 10% from 1 year ago.
While that's great news, it's even better if you're in the $700,000-800,000 price range. For those folks, home sales are up 59% over this time last year. Sales are down for properties priced under $80,000.
If you're priced $100,000 - $110,000, the demand is the strongest for your price range with just 2 months of available inventory of homes for sale. The highest inventory of homes for sale is the in the $1 million + price range with 12 months of inventory.
Here is a break down of sales numbers compared to 1 year ago:
$100,000 - $149,000 priced homes up an average of 16%
$150,000 - $249,000 priced homes up an average of 29%
$250,000 - $499,000 priced homes up an average of 47%
$500,000 - $1 million priced homes up an average of 42%
$1 million + priced homes up an average of 20%