Dallas Real Estate Market Sees Sales Decline

The Dallas remained below its 12-month average sales volume this week as sales fell 11.4% to hit 770 homes sold over the last 30 days. On the other hand, close-by Garland registered 158 homes sold in the same time frame, the most of all surrounding cities. Months of inventory in Dallas spiked to four but prices came down, as the median sales price dropped to $279,000.

Trying to find a more traditional home in Dallas? Then check out these listings that were built before most others in the market:

$1M   $400K   $6.8M  

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Demographic facts for Dallas:

  • Over the past 10 years, the population has increased 2.5%.
  • The lifestyle rating for this area is 32. (Scale: 1 = Worst, 100 = Best)
  • Residents who travel to work by car account for 73.2% of all commuters, while carpools account for 15.1%, and public transit makes up 4.9%.

Data reported through 1/12/2017

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Ask a local expert about this area:
Justin Henry Real Estate Advisors LLC
43 reviews
Nord Realty
Snapped 156 homes in this area
Coldwell Banker Residential Brokerage
Snapped 84 homes in this area

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