Dallas Real Estate

Prices rise as sales plummet in Dallas

January 2010’s 2,126 sales are the lowest number of sales seen in the past three years in this city. They are not only 9 percent lower than 2009’s 2,346 and 34 percent lower than 2008’s 3,210, but also the worst January in at least a decade. January is normally a slow month in real estate, [...]

Prices rise as sales plummet in Dallas is a post from: http://www.insidedallasrealestate.com

2009 data shows Dallas ahead for December, down for year

December home sales in 2009 outperformed those in Dallas’s 2008 real estate market. There were 3344 homes sold, which was a 2 percent increase from last December’s 3292. This is still does not bring the market in line with its 2007 performance, which saw 3803 homes sold in December. Year Month Homes Sold 1 year % Change 2 year % [...]

2009 data shows Dallas ahead for December, down for year is a post from: http://www.insidedallasrealestate.com

Dallas’s lowest priced homes show only real increase

Homes priced below $29,999 was the only category to post an increase in real number of homes sold. This category had 2.4 percent of the market in 2008 and grew to 2.9 percent of the market in 2009. It also increased real sales by 1.3 percent, see below. Price Range Percent Distribution # of Sales 2008 2009* 2008 2009* Change $29,999 or [...]

Dallas’s lowest priced homes show only real increase is a post from: http://www.insidedallasrealestate.com

Dallas sales up from 2008 in November

Dallas’s home sales were up 31 percent in November 2009 over November 2008. There were 3666 homes sold this November, which despite being the lowest number since March 2009, is still 31 percent higher than the 2801 homes sold in November 2008. The 2009 numbers have yet to catch up with the 2007 numbers. November [...]

Dallas sales up from 2008 in November is a post from: http://www.insidedallasrealestate.com

Dallas shifts to affordable homes in 2009

It is likely the next months of data on Dallas’s home sales will not show 2009 pulling ahead of 2008. There are trends emerging in home sales that are important to note. Dallas Price Range Percent Distribution # of Sales 2008 2009* 2008 2009* Change $29,999 or less 2.4 3 1,205 1,153 -4.32% 30,000 - 39,999 2.1 2.4 1,054 922 -12.52% 40,000 - 49,999 2.5 2.4 1,255 922 -26.52% 50,000 - 59,999 2.5 2.6 1,255 999 -20.40% 60,000 - 69,999 2.8 2.8 1,406 1,076 -23.46% 70,000 - 79,999 3.5 3.4 1,757 1,307 -25.64% 80,000 - 89,999 4 3.7 2,008 1,422 -29.20% 90,000 - 99,999 4.1 3.6 2,059 1,384 -32.79% Under 100k 23.9 23.9 12,000 9,185 -23.46% 100k [...]

Dallas shifts to affordable homes in 2009 is a post from: http://www.insidedallasrealestate.com

Dallas market looking up in October 2009, prices down

There were 4146 homes sold in October 2009 in the Dallas area. This is a 12 percent jump from last October’s dismal 3709. October had the largest number of homes sold this quarter. The city still experienced a 6 percent loss from October 2007’s 4396 sales, as seen in the table below. Year Month House Sales 1 Yr Change 2 [...]

Dallas market looking up in October 2009, prices down is a post from: http://www.insidedallasrealestate.com

Three quarters of price percentages released

The first three quarters of price distributions in Dallas home sales were recently released, see table below. Dallas Price Range Percent Distribution # of Sales 2008 2009* 2008 2009* Change $29,999 or less 2.4 3 1205.016 1028.55 -14.64% 30,000 - 39,999 2.1 2.5 1054.389 857.125 -18.71% 40,000 - 49,999 2.5 2.4 1255.225 822.84 -34.45% 50,000 - 59,999 2.5 2.6 1255.225 891.41 -28.98% 60,000 - 69,999 2.8 2.8 1405.852 959.98 -31.72% 70,000 - 79,999 3.5 3.4 1757.315 1165.69 -33.67% 80,000 - 89,999 4 3.8 2008.36 1302.83 -35.13% 90,000 - 99,999 4.1 3.6 2058.569 1234.26 -40.04% Under 100k 23.9 24.1 11999.951 8262.685 -31.14% 100k - 119,999 8.6 8 4317.974 2742.8 -36.48% 120k - 139,999 10.3 10.4 5171.527 3565.64 -31.05% 140k - 159,999 9 9.3 4518.81 3188.505 -29.44% 100k - 160k 27.9 27.7 14008.311 9496.945 -32.20% 160k - 179,999 8.1 8.4 4066.929 2879.94 -29.19% 180k - 199,999 6.1 6.4 3062.749 2194.24 -28.36% 200k - 249,999 10.7 11 5372.363 3771.35 -29.80% 250k - [...]

Three quarters of price percentages released is a post from: http://www.insidedallasrealestate.com

September 2009 not great in Dallas’s real estate market

Dallas had 4010 home sales in September 2009. This is a seven percent drop from last year’s 4293 sales and a one percent drop from the 4069 in September 2007. September 2009 replaces August as the lowest number of sales since April 2009, as seen below. Year Month House Sales 1 Yr Change 2 Yr Change Average Home Price % Price Change Median [...]

September 2009 not great in Dallas’s real estate market is a post from: http://www.insidedallasrealestate.com

Dallas sells less homes, and less expensive homes, compared to August 2008

August 2009 was the lowest month of the summer quarter regarding number of homes sold. There were 4183 homes sold in August 2009, which was down from July’s 4711. The month is also down compared to its counterparts in preceding years. In August 2007, Dallas had 6041 home sales, which puts August 2009 31 percent [...]

Dallas sells less homes, and less expensive homes, compared to August 2008 is a post from: http://www.insidedallasrealestate.com

Dallas sees sixth month of increase in home sales

Dallas home sales have steadily risen since January 2009. Although July 2009 is down 6 percent to 4815 sales from July 2008, it is still the sixth month in a row with an increase in home sales. July is also down 21 percent from its 2007 counterpart in which 6111 homes were sold. Year Month House Sales 1 Yr [...]

Dallas sees sixth month of increase in home sales is a post from: http://www.insidedallasrealestate.com