Dallas Area Residential Real Estate Report

Friday, March 4, 2016

Decorating With Fuchsia: How to Bring This Bold Shade Into Your Home

It's the pop of color that always brings a smile, and it's not as hard to incorporate into your home as you may think. Is fuchsia what you need to breathe new life into your space?

Southwest Celtic Music Association presents The North Texas Irish Festival

Photo by Bud Mallar

The 34th Annual North Texas Irish Festival returns

Nasher Sculpture Center presents Target First Saturday 0 0

Photo by Hilary Schleier

The Nasher Sculpture Center will host its monthly Target First Saturday, which aims to bring out your children’s artistic talents and help them broaden their understanding and appreciation of the world.

Wylie Tx Residential Sales Report for January

Sales were up

Single-Family:

Sales were up 16% in January. The average sales price increased 7% while the median sales price rose 12%. As in all other areas, the sales are skewed to the upper price ranges. Pending sales jumped a whopping 54% so there is no doubt that February will see good sales gains. The number of new listings dropped 12% and the active listings declined 7%. This reduced the months of inventory to 1.1 months.

It's very much a Seller's Market in Wylie.

Sales : 65

Average Sales Price: $261590

Median Sales Price: 235,000

Pending Sales: 97

New Listings: 92

Active Listings: 117

Months of Inventory: 1.1

Information provided by The Real Estate Center at Texas A&M

Thursday, March 3, 2016

How To Get a Chic Kitchen Without Going Gray

décor pad

Gray. It's modern, it's chic, and it's EVERYWHERE.

5 Free Things To Do In Dallas This March

Photo by Melissa Macatee, courtesy of Dallas St. Patrick's Day Parade.

Spring break, spring music festivals, St. Patrick’s Day. March can be an expensive month. But it doesn’t have to be. Play your cards right at some of these free events this month.

What Features Make A Home Sell The Fastest?

Fasten your seat belts, it’s going to be a wild year in real estate!

Pending home sales fell 2.5 pct in January

The winter wallop may have chilled housing activity in some parts of the country, but overheated home prices are really what are slowing sales nationwide.

Not in the Dallas Area!

12th Annual Trinity River Levee Run

Photo courtesy of Trinity Watershed Management

12th Annual Trinity River Levee Run features a 10K, 5K, and 1 mile fun walk/run.

Garland TX Residential Sales Report for January

Sales were up. Supply continues to decline.

Single-Family:

Sales jumped 24%. The average sales price increased by 10% as compared to a year ago. The median sales price rose 17%. Sales continue the trend of being concentrated in the upper price ranges. Not because there are no buyers for the lower price range homes, but because there is an extreme shortage of homes in the lower price ranges on the market. Pending sales rose 25%. The number of new listings fell 8% while the active listings declined by 22%. This dropped the months of inventory to 0.8. This brought Garland into the company of Richardson and Carrollton/Farmers Branch with the lowest inventory levels in the Metroplex.

It should go without saying that the Garland area is very much a Seller's Market.

Sales: 134

Average Sales Price: $169,110

Median Sales Price: $155,000

Pending Sales: 168

New Listings: 154

Active Listings: 132

Months of Inventory: 0.8

If you live in the Garland area and would like a personalized Comparative Market Analysis (CMA) on your home delivered to your email in just a few minutes, then click the link below to take advantage of this offer.

What's My Home Worth?

Information provided by The Real Estate Center at Texas A&M.

Why Homebuilders Aren’t Catering to Millennial Buyers

Supply for first-time buyers has sharply declined.