North Dallas Neighborhoods - Pagewood Townhomes

North Dallas Neighborhoods - Pagewood Townhomes

The townhome project was founded in 1973. The neighborhood has many long term residents, and a myriad of age ranges.

North Dallas Residential Sales Report for August

North Dallas Residential Sales Report for August

Sales were soft in August

Sales in August were off by 5% compared to last August. More troubling however was the 20% drop in pending sales. Pending sales are forward looking so we can anticipate the September sales number will be negative.  The average sales price increase 2% while the median sales price fell 3%. The number of new listings was flat. Active listings rose 17% and the months of inventory now stands at 5.9 months. This is very close to the 6 months that is considered a balanced market.

Sales: 72

Average Sales Price: $1,192,739

Median Sales Price $ 847,500

Pending Sales: 51

New Listings: 83

Active Listings: 233

Months of Inventory: 5.9

Information provided by The Real Estate Center 

How to get every possible discount at the 2017 State Fair of Texas

How to get every possible discount at the 2017 State Fair of Texas

 

The 2017 State Fair of Texas starts its 24-day run at Fair Park on Friday, September 29.

2017 Addison Oktoberfest

2017 Addison Oktoberfest

Named one of the country’s most authentic Oktoberfest celebrations by Forbes and USA Today, Addison Oktoberfest features four days of family-oriented entertainment. 

Dallas Neighborhoods - Hockaday

Dallas Neighborhoods - Hockaday

The Hockaday neighborhood was built in the early 60s and named after the Hockaday private school that a joins the neighborhood

Dallas Area Residential Sales Report for August

Dallas Area Residential Sales Report for August

It's still a sellers market!

Sales were up 9% as compared to the same time last year. The average sales price rose 7% while the median sales price increased 9%. Sales continue to be concentrated in the upper price ranges. As they have been for months now, sales below $190,000 are mostly double digit negative due to the extreme shortage of homes for sale in these price ranges.

For the past several years we have not seen the normal fall decline in sales. However this year may revert to the norm. Pending sales were flat. The pending sales number is a forward looking number and because of this it may be that we see the September sales down. 

The number of new listings rose 8% and the active listings to a jump up of 13%. The months of inventory now stands at 2.5 months. With 6 months considered a balanced market even if we do see a slow down in sales we have a long way to go to reach a balanced market.

Sales: 11,253

Average Sales Price: $299,731

Median Sales Price: $250,000

Pending Sales: 10,068

New Listings: 12,457

Active Listings: 22,531

Information provided by The Real Estate Center

Nasher Sculpture Center presents 'til Midnight

Nasher Sculpture Center presents 'til Midnight

Photo courtesy of Nasher Sculpture Center

A free concert and a free movie! You can't beat that!

Confidence in Housing Doubles Back Toward All-Time High

Confidence in Housing Doubles Back Toward All-Time High

Confidence in housing doubled back in August

Freddie Mac: Mortgage rates hit another, new low

Freddie Mac: Mortgage rates hit another, new low

Mortgage rates continue to hit new lows this year

7 Surprising and Surprisingly Gorgeous!) Color Combinations

7 Surprising and Surprisingly Gorgeous!) Color Combinations

(Image credit: Condé Nast Traveller)

Are you're tired of neutral spaces, the same old "pop" colors or just want to feast your eyes on something new?

The Unexpected Material That'll Take Your Backsplash to the Next Level

The Unexpected Material That'll Take Your Backsplash to the Next Level

Want to make your kitchen truly unique? Add a little bit of shine.