Dallas Area Residential Real Estate Report

Saturday, March 4, 2017

Dallas is the third-hottest housing market in the nation

Home buyers take note, this year is shaping up to be even more of a seller’s market than last year,

Friday, March 3, 2017

Southwest Celtic Music Association presents 35th Annual North Texas Irish Festival

Photo by Bud Mallar

The North Texas Irish Festival, one of the largest Irish festivals in the U.S., returns to celebrate 35 years of music and Irish culture.

Wylie TX Neighborhoods- Bozman Farm

Bozman Farms is a master-planned community in Wylie, Texas that combines convenience and amenities

Wylie TX Residential Sales Report for January

Sales were up a sharp 36% in Wylie as comp[aired to last January. The average sales price increased 12% and the median sales price increases 10%. Pending sales dropped 1%. The number of new listings declined 4% but the active listings rose 10%. this increased the months of inventory to 1.3 months. This is still well short of the 6 months that is normally considered a balanced supply.

60% of the listings in MLS are new construction.

Sales: 87

Average Sales Price: $290,236

Median Sales Price: $260,500

Pending Sales: 96

New Listings: 88

Active Listings: 129

Months of Inventory: 1.4

Information provided by The Real Estate Center

Thursday, March 2, 2017

PSO Presents Bugs, Flowers and Bees

At Ebby Halliday Realtors, we’re proud to be the two-year title sponsor of the Plano Symphony Orchestra’s EncoreYouth program, which includes the all-new, fun-filled Family Symphony Sundays program.

Carrollton's TEXFest

Celebrate Texas Independence in Downtown Carrollton with this free festival!

Garland Neighborhoods-Schreiber Estates

Garland TX Residential Sales Report for January

Sales declined 15% in January as comp[aired to the same time last year. The average sales price increased 7% and the median sales price rose 4%. We saw a drop of 10% in the pending sales numbers. New listings climbed 1% but the active listings fell by 9%. this dropped the months of inventory to 0.7 months.

The extreme shortage of homes on the market is the explanation for the drop in sales and also pending sales. there are plenty of buyers out there but they just can not find a home to purchase.

Sales:108

Average Sales Price: $181,576

Median Sales Price: $165,000

Pending Sales: 152

New Listings: 156

Active Listings: 120

Months of Inventory: 0.7

Information provided by The Real Estate Center