East Dallas:
Average Sales Price: September 2022 – $754,154 vs September 2021 – $617,914 = 22% increase
Average Days On Market: September 2022 – 27 vs September 2021 – 21 = 28.5% increase
Average Sale Price Per SqFt: September 2022 – $322 vs September 2021 – $287 = 12.2% increase
Sale to List Price Ratio: September 2022 – 96.3% vs September 2021 – 99% = 2.7% decrease
Number of Sold Listings: September 2022 – 265 vs September 2021 – 257 = 3.1% increase
Months Supply of Inventory: September 2022 – 1.7 vs September 2021 – 1.4 = 21.4% increase
Mortgage Rate: September 2022 – 6.11% vs September 2021 – 2.9% = 110.6% increase
Top 10 Sales:
$2,215,000 607 Largent Avenue
$2,036,000 9733 Shoreview Road
$1,950,000 6716 Lake Circle
$1,745,000 2432 Hideaway Drive
$1,695,000 6231 Penrose Avenue
$1,625,000 6911 Hyde Park Drive
$1,602,000 6606 Mercedes Avenue
$1,475,000 6215 Lakeshore Drive
$1,450,000 5351 Miller Avenue
$1,435,000 5349 Willis Avenue
#AlansLuxuryHomes #AskAlanSmith #EastDallas #Lakewood #AlanSmith
Additionally you will find below the 4 Neighborhood Reports for September 2022 compared to 2021.
See you next month for the real estate market report.
P.S. You are an important part of my business so if you know someone who would benefit from this information, please feel free to share it.
P.P.S. I have a stellar network of national and international agents who can help you, your friends and family buy or sell any where in the world! Let me know how I can help.