Reports from 4th Quarter 2014 closed sales of Single Family homes show an increase in value from 4th Quarter 2013 in Preston Hollow & homes south of LBJ, between Midway & 75.
4th Qtr. 2013_ 4th Qtr.2014
Average Sales Price $ 888,343 $ 1,078.448
Median Sales Price $ 601,750 $ 783,000
No. of Sales 180 163
This data was obtained from NTREIS multiple listing service.
These same sort of statistics are reflected in Texas as a whole as well as other neighborhoods in Dallas.
- 66,664 single-family homes were sold in Texas during the fourth quarter of 2014 - an 8.46% increase from the same time in 2013
- Median sales price for Texas homes increased 7.76% from 2013 4th quarter
- Average sales price increased 6.99%
- Statewide housing inventory hit an all-time low of 3.3 months (6.5 months of inventory are considered to be balanced between supply & demand)
This report uses data from multiple listing services in markets throughout Texas.
For statistics on your neighborhood, contact Hanne.
Hanne Sagalowsky | firstname.lastname@example.org | 214-210-1530 | International Property Specialist