Little relief for June 2009 Dallas real estate market
July 31, 2009
There were 4,562 homes sold in Dallas during June 2009. June had better sales than May 2009; however, there were 12 percent less sales than Dallas posted in June 2008 when 5,180 homes were sold. The numbers are 27 percent lower than June 2007, when 6,207 homes were sold in the city.
| Year | Month | House Sales | 1 Yr Change | 2 Yr Change | Average Home Price | % Price Change | Median Home Price | % 1 Yr Change | Active Listings | % 1 Yr Change | Months of Inventory |
| 2007 | Jan | 3,626 | 201,800 | 149,300 | 28,328 | 7.812 | |||||
| 2007 | Feb | 4,248 | 202,800 | 153,500 | 29,121 | 6.855 | |||||
| 2007 | Mar | 5,726 | 215,700 | 158,200 | 31,281 | 5.462 | |||||
| 2007 | Apr | 5,252 | 221,900 | 164,100 | 32,787 | 6.242 | |||||
| 2007 | May | 6,092 | 225,000 | 163,000 | 33,283 | 5.463 | |||||
| 2007 | Jun | 6,207 | 230,700 | 169,100 | 33,624 | 5.417 | |||||
| 2007 | Jul | 6,111 | 217,800 | 163,700 | 33,414 | 5.467 | |||||
| 2007 | Aug | 6,041 | 224,100 | 165,700 | 32,915 | 5.448 | |||||
| 2007 | Sep | 4,069 | 208,200 | 157,500 | 32,907 | 8.087 | |||||
| 2007 | Oct | 4,396 | 205,600 | 153,500 | 32,079 | 7.297 | |||||
| 2007 | Nov | 4,124 | 215,500 | 155,400 | 30,563 | 7.411 | |||||
| 2007 | Dec | 3,803 | 214,100 | 153,700 | 27,649 | 7.27 | |||||
| 2008 | Jan | 3,210 | -0.11 | 196,300 | -0.03 | 146,100 | -0.02 | 28,933 | 0.02 | 9.013 | |
| 2008 | Feb | 3,869 | -0.09 | 199,800 | -0.01 | 147,400 | -0.04 | 29,206 | 0 | 7.548 | |
| 2008 | Mar | 4,495 | -0.21 | 214,200 | -0.01 | 159,600 | 0.01 | 30,124 | -0.04 | 6.701 | |
| 2008 | Apr | 4,764 | -0.09 | 215,900 | -0.03 | 157,600 | -0.04 | 30,471 | -0.07 | 6.396 | |
| 2008 | May | 5,198 | -0.15 | 220,200 | -0.02 | 162,100 | -0.01 | 30,340 | -0.09 | 5.836 | |
| 2008 | Jun | 5,180 | -0.17 | 219,000 | -0.05 | 164,400 | -0.03 | 30,340 | -0.1 | 5.857 | |
| 2008 | Jul | 5,124 | -0.16 | 220,500 | 0.01 | 163,500 | 0 | 29,724 | -0.11 | 5.8 | |
| 2008 | Aug | 4,911 | -0.19 | 216,200 | -0.04 | 159,400 | -0.04 | 28,367 | -0.14 | 5.776 | |
| 2008 | Sep | 4,290 | 0.05 | 203,900 | -0.02 | 150,100 | -0.05 | 27,406 | -0.17 | 6.388 | |
| 2008 | Oct | 3,702 | -0.16 | 208,300 | 0.01 | 154,400 | 0.01 | 26,563 | -0.17 | 7.175 | |
| 2008 | Nov | 2,800 | -0.32 | 199,100 | -0.08 | 144,100 | -0.07 | 26,573 | -0.13 | 9.49 | |
| 2008 | Dec | 3,281 | -0.14 | 202,000 | -0.06 | 147,900 | -0.04 | 24,321 | -0.12 | 7.412 | |
| 2009 | Jan | 2,332 | -0.27 | -0.36 | 177,800 | -0.09 | 138,400 | -0.05 | 25,070 | -0.13 | 10.75 |
| 2009 | Feb | 2,958 | -0.24 | -0.3 | 189,500 | -0.05 | 147,100 | 0 | 25,641 | -0.12 | 8.668 |
| 2009 | Mar | 3,600 | -0.2 | -0.37 | 190,700 | -0.11 | 147,800 | -0.07 | 26,346 | -0.13 | 7.318 |
| 2009 | Apr | 3,640 | -0.24 | -0.31 | 192,300 | -0.11 | 149,100 | -0.05 | 26,782 | -0.12 | 7.357 |
| 2009 | May | 3,998 | -0.23 | -0.34 | 205,900 | -0.06 | 163,400 | 0.01 | 26,918 | -0.11 | 6.732 |
| 2009 | Jun | 4,562 | -0.12 | -0.27 | 214,200 | -0.02 | 166,200 | 0.01 | 24,677 | -0.19 | 5.409 |
The average and median prices were higher than Dallas saw in May 2009. The average home price was $214,200, which is a gain on May’s $205,900, but 2 percent lower than June 2008’s $219,000. The median home price of $166,200 was not only up from May 2008, at $163,400, but also 1 percent higher than June 2008, at $164,400. Dallas’s July 2009 sales and prices might be more indicative of the beginning of the recovery we keep hearing about than June 2009.
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