Mixed Results for March 2009 Sales
April 24, 2009
March 2009 home sales in Dallas were mixed. On one hand, the 3533 sales are up over February 2009. There were 619 more homes sold than in February, and the highest number sold since September 2008; however, there were 955 more homes sold last March. Therefore, March 2009 had 21.3 percent less sales than March 2008, and March 2008 dropped from March 2007. March 2009 is 38.3 percent below March 2007 sales.
The mean and median prices have a similar story. The average price is up $3200 from the previous month, but down 10.3 percent from last year. It is still the third lowest mean price seen since in the three year snapshot. The median price increased by $2700 to $148,600, but is still down from its 2008 position.