Tuesday, October 30, 2007

Dallas TX Housing Shows Strong Numbers Despite National News

The latest numbers have come out from the largest Association of REALTORSĀ® in the DFW area, MetroTex. The numbers show some very interesting information that should be very useful, especially to people who are relocating to the area thinking they're going to get a "deal" and even the investors who think they can come to our area and scoop up tons of properties at dirt cheap prices...

Here's what the numbers tell us:

2007 DFW Single Family Home Sales (so this excludes condos, but DOES include townhouses):
Year to Date compared to same period last year

Number of Sales: 61,746
Percent Change: -6%

Average Price: $204,813
Percent Change: +5%

Median Price: $150,500
Percent Change: +1%

Active Listings: 47,750
Percent Change: +8%

With these numbers, you can see that the Dallas/Ft Worth area is still going strong. We do not follow the average trends of the rest of the Country. We have a very strong economical base right now with many companies still relocating people to the area. Many areas across the country are seeing double digit depreciation, and we've had appreciation. Is the appreciation high? No, but it shows we're in a fairly steady market.

Remember, I work all of North Dallas County and Collin County including Richardson, Plano, Allen, Frisco, Carrollton, Garland, Rowlett, McKinney, etc... my car will take us anywhere you need to go!!

ARE YOU PACKED YET?!

Labels: , , ,

1 Comments:

At 8:03 PM, Blogger Elmo said...

Great article on the real estate happenings, I really enjoy reading your posts. Just for your information, Donald Trump is in big trouble right now with his real estate empire. I hope everyone can pull through this slump!!

Elmo

Real Estate Professional

 

Post a Comment

<< Home