Dec 29, 2014

State of the Dallas Real Estate Market

As 2014 winds down, let take a look at the Dallas real estate market heading into 2015. The DFW residential continued 2013's record-setting pace in 2014 with 83,000+ home sales reflected in $20 billion in homes changing ownership.

During the past year, our average home values increased and the average time it took to sell a home decreased to less than 60 days. The strong local economy was the driving force behind strong residential real estate sales.

It looks like 2015 will be another stellar year for the DFW real estate market and for the Ebby Halliday Companies. Through November 2014, the Ebby Halliday Companies had participated in 1 of every 5 DFW area homes sold through MLS during 2014.

More statistics to come as the numbers roll in after January 1st. Please contact me to assist you with your real estate needs in 2015. I wish you a happy and prosperous New Year! [where: 75230]

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