Jan 10, 2014

North Dallas Home Sales Stats for January 2014

The numbers are in for 2013 and just as we thought - it was a VERY good year for North Dallas Real Estate.

Take a look at this nice snapshot of our home sales compared to the last couple of years.

North Dallas/Preston Hollow
(between Northwest Hwy & LBJ, Central Expwy to Midway)

Number of Properties sold
2013: 1,123
2012: 951
2011: 749

Average Sales Price
2013: $520,000
2012: $421,965
2011: $425,549

Average Price per Sq Foot
2013: $203
2012: $184
2011: $191

Average Days on Market
2013: 68
2012: 108
2011: 129

Homes available for sale at end of year
2013: 385
2012: 484
2011: 602

Supply of Homes at end of year
2013: 4.3 months supply (sellers market)
2012: 6.9 months supply (balanced market)
2011: 9.5 months supply (buyers market)

[where: 75230]

2 comments:

Dallas home inspection pro said...

Thanks for posting these stats, Ebby. 2013 was a great year for North Dallas real estate, and we hope you have an even better one in 2014!

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