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East Dallas:
Average Sales Price: February 2023 – $688,770 vs February 2022 – $688,509 = .6% increase
Average Days On Market: February 2023 – 43 vs February 2022 – 31 = 38.7% increase
Average Sale Price Per SqFt: February 2023 – $322 vs February 2022 – $308 = 4.5% increase
Sale to List Price Ratio: February 2023 – 94.1% vs February 2022 – 101.8% = 7.5% decrease
Number of Sold Listings: February 2023 – 104 vs February 2022 – 125 = 16.8% decrease
Months Supply of Inventory: February 2023 – 1.5 vs February 2022 – .8 = 87.5% increase
Mortgage Rate: February 2023 – 6.5% vs February 2022 – 3.89% = 67.1% increase:
Top 10 Sales:
3515 W Lawther Drive $7,995,000
7059 La Vista Drive $2,450,000
7011 Wildgrove Avenue $2,300,000
6713 Vanderbilt Avenue $2,195,000
5538 Richard Avenue $2,000,000
5521 Goodwin Avenue $1,925,000
6177 Vickery Boulevard $1,895,000
6230 Kenwood Avenue $1,875,000
5506 Goodwin Avenue $1,799,900
6623 Vanderbilt Avenue $1,750,000
#AlansLuxuryHomes #AskAlanSmith #EastDallas #Lakewood #AlanSmith
Additionally you will find below the 4 Neighborhood Reports for February 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.
