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East Dallas:
Average Sales Price: January 2023 – $724,146 vs January 2022 – $583,580 = 24.1% increase
Average Days On Market: January 2023 – 55 vs January 2022 – 36 = 52.8% increase
Average Sale Price Per SqFt: January 2023 – $309 vs January 2022 – $291 = 6.2% increase
Sale to List Price Ratio: January 2023 – 94.1% vs January 2022 – 97.6% = 3.6% decrease
Number of Sold Listings: January 2023 – 58 vs January 2022 – 113 = 48.7% decrease
Months Supply of Inventory: January 2023 – 1.5 vs January 2022 – .7 = 114.3% increase
Mortgage Rate: January 2023 – 6.13% vs January 2022 – 3.55% = 72.6% increase:
Top 10 Sales:
1416 El Campo Drive $1,805,098
6177 Vickery Blvd. $1,710,000
6218 Ellsworth Avenue $1,550,000
1425 San Rafael Drive $1,425,094
9216 Larchwood Drive $1,375,000
5017 Vickery Blvd. $1,370,000
5307 Goodwin Avenue $1,305,000
6871 Lorna Lane $1,155,000
8631 Diceman Drive $1,120,000
5802 Anita Street $1,100,000
#AlansLuxuryHomes #AskAlanSmith #EastDallas #Lakewood #AlanSmith
Additionally you will find below the 4 Neighborhood Reports for January 2023 compared to 2022.
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.
