Our inventory of homes available for sale is still very low and sales prices have risen. Sales of homes priced over $1 million were sluggish over the past several years but have now bounced back. And demand for all properties in our area is strong. Take a look at these numbers -
2014 First Quarter Homes listed for Sale
North Dallas (south of LBJ):
380 (down from 513 in 2013)
$1,100,456 average list price ( up from $975,759 in 2013)
Park Cities :
395 (down from 458 in 2013)
$1,344,919 average list price ( up from $1,322,890 in 2013)
2014 First Quarter Homes Sold
North Dallas (south of LBJ):
187 (down from 225 in 2013)
$776,112 average sales price ( up from $626,643 in 2013)
Park Cities:
149 ( down from 175 in 2013)
$1,151,016 average sales price ( up from $879,262 in 2013)
[where: 75230]
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