A blog about residential real estate in the Dallas area including Far North Dallas, Richardson, , Plano, Allen, McKinney, Frisco, Prosper, Celina Carrollton-Farmers Branch, Garland, and Wylie.
Tuesday, April 21, 2015
Monday, April 20, 2015
Thursday, April 16, 2015
Far North Dallas Residential Sales Report for March
Single-Family:
Sales in Far North Dallas were off by 1% in March. The average sales price increased by 4% while the median sales price jumped 16%. The increase in the median price indicates there were more sales in the upper price ranges. Pending sales increased by 5%. The number of new listings climbed by 8% and the active listings were up by 1%. Unfortunately if you are a buyer, the months of inventory remains at a very low 1.5 months.
Sales: 107
Average Sales Price: $432,052
Median Sales Price: $373,750
Pending Sales: 106
New Listings: 148
Active Listings: 152
Months of Inventory: 1.5
Condos and Townhouses:
Condo and Townhouse sales were down by 3%. The average sales price dropped by 18% while the median price increases by 4%. Pending sales also declined by 6%. The new listings fell 3% and the active listings by 40%. It looks like some sellers took their properties off the market. The months of inventory now stands at 1 month.
Sales: 34
Average sales Price: $154,117
Median Sales Price: $131,000
Pending Sales: 47
New Listings: 57
Active Listings: 45
Months of Inventory: 1 month
Leases:
Leases were off by 4%. The average rent increased by 20% and the median rent by 23%. Rents in Far North Dallas are increasing rapidly. Pending leases were up by 211%. The number of new listings increased by 14% but the active listings fell by 14%. The months of inventory is now at 1.6 months.
Leases: 47
Average Rent: $1,832
Median Rent: $1,870
Pending Leases: 28
New Listings: 67
Active Listings: 70
Months of Inventory: 1.6
Information provided by The Real Estate Center at Texas A&M.
Does not help the housing shortage
US housing starts rise below expectations
http://www.cnbc.com/id/102592232
Fun things for the kids
Things to Do: Top Family Fun in Dallas
http://www.guidelive.com/things-to-do/top-family-fun
Tuesday, April 14, 2015
A new place to eat in Richardson
Richardson Will Get a Food Truck Park, Because Suburbs Are the New Cities http://news360.com/article/287678957
Monday, April 13, 2015
Home of Masters champ
A look inside Jordan Spieth's $2.2 million Dallas home http://news360.com/article/287566664
New line to Oak Cliff
Dallas' new streetcar line makes its debut today http://news360.com/article/287512934
Sunday, April 12, 2015
Water restrictions eased
Water district that serves northern, eastern Dallas suburbs will ease water restrictions May 1
http://thescoopblog.dallasnews.com/2015/04/ntmwd-will-ease-water-restrictions-on-may-1.html/
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Renters are looking to leave New York, Chicago for Dallas.
Renters are looking to leave New York, Chicago for Dallas. Start spreading the news. They’re leaving today…for North Texas
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Renters are looking to leave New York, Chicago for Dallas. Start spreading the news. They’re leaving today…for North Texas
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http://www.cnet.com/pictures/drool-worthy-appliances-you-cant-afford-pictures/
