Market Update

Dallas Home Sales Stats for February, 2020

Dallas home sales in February continued on their record-breaking pace that began in December.  Over 7500 homes changed hands, the most ever for a February here.  Pending sales for March are up over 10,100 homes, or 15%.  However listings are down 5%, as many sellers...

Dallas Home Sales Stats for January, 2020

Dallas Home Sales Stats for January, 2020

January sales numbers are just in, and it was gangbusters.  Overall Dallas area sales were up a whopping 21% vs year ago, following a 15% increase in December.  January is historically the slowest month of the year for closed sales, so this performance is quite a...

Dallas Home Sales Stats for December and 2019

It was a big December for Big D and the surrounding suburbs, recording a 15% increase in single family home sales over last December.  The result was another record setting year for home sales in the 22-county area with over 106,000 homes sold.  Median sales prices...

Dallas Home Sales Stats for November, 2019

With just a couple of weeks remaining in 2019, we will record another record year for home sales in the DFW area.  Through November, total area home sales are up 2% and median prices are up 3%, with Oak Cliff and Carrollton leading the pack, each up 11%.  Northwest...

Dallas Home Sales Stats for October, 2019

Dallas single family home sales in October came in strong, up 11%, following a 9% increase year-over-year in September, while townhouse and condo sales remain quite soft. Overall Dallas single family sales prices were up as well, with the median up 6% vs year ago. As...

Dallas Home Sales Stats for September, 2019

In my last report, I mused that we might see a "snappier" home sales performance in September.  Well, we did.  September surprised us with a 9% gain in overall Dallas sales and a 6% increase in median sales price.  This brought the third quarter totals to plus 2% for...

Dallas Home Sales Stats for August, 2019

August sales of single-family home posted a nice increase of 5%, preserving the year-to-date sales in positive territory, up 1%.  Sales of townhomes and condos were down 2% in August, with the year-to-date total down 9%.  Median sales prices of both single-family...

Dallas Home Sales Stats for July, 2019

Dallas single-family home sales in July rebounded, up 7%, supported by the lower cost, more affordable end of the market.  Median sales prices were up 3% overall.  July's sales performance put us 1% ahead of last year's seven month total.  Single family homes priced...

Dallas Home Sales Stats for May/June, 2019

Is everyone on vacation? Welcome to the middle of July, which has been gaining a reputation to rival that of January--not in climate but in sales performance.  You might recall that July of 2018 marked the turn in the seven year Seller's market. The double digit...

Dallas Home Sales Stats for March/April, 2019

Here we are at the last day of May, with the annual Spring Market in full swing. The data below addresses highlights from March and April, with May data due from the Texas A&M Real Estate Center in less than 10 days.  The Spring Market was late developing this...