Market Update
Dallas Home Sales Stats for July, 2020
HOME SALES UP 25% IN DALLAS IN JULY! This is not fake news. Following an amazing 16% rise in home sales in June vs year ago, we even topped that achievement in July. Nationally, sales of previously owned homes were also up 25%, representing the strongest monthly gain...
Dallas Home Sales Stats for June, 2020
What a rebound! Dallas area sales jumped16% in June versus last year, as pent-up demand and incredible mortgage interest rates took charge of the market. With precautions agains virus spread being honored by Realtors and their customers, buyers were busy with...
Dallas Home Sales Stats for May, 2020
As anticipated, Dallas area home sales in May got hammered. For the 22-county area, sales were down 25% and the median price of home sold was down 1%, our first dip into negative territory in quite a while. For the first five months of the year, sales were down 6%...
Dallas Home Sales Stats for April, 2020
Dallas home sales in April did not surprise, unless you were anticipating a worse outcome. Single family home sales were down 17% overall vs year ago. Thanks to the strong first quarter, we were still 1% ahead of last year to date. And interestingly, the...
Dallas Home Sales Stats for March, 2020
March sales of single family homes in the 22 county North Texas area I refer to as Dallas in these blog posts were 4% higher than a year ago. For the first quarter, sales year-to-date were 9% higher than in the first quarter of 2019. The impact of Covid-19 was just...
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
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...