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East Dallas:
Average Sales Price: March 2023 – $727,417 vs March 2022 – $746,944 = 2.6% decrease
Average Days On Market: March 2023 – 37 vs March 2022 – 22 = 68.1% increase
Average Sale Price Per SqFt: March 2023 – $314 vs March 2022 – $326 = 3.6% decrease
Sale to List Price Ratio: March 2023 – 97.7% vs March 2022 – 104.4% = 6.4% decrease
Number of Sold Listings: March 2023 – 138 vs March 2022 – 232 = 40.5% decrease
Months Supply of Inventory: March 2023 – 1.9 vs March 2022 – .8 = 137.5% increase
Mortgage Rate: March 2023 – 6.32% vs March 2022 – 4.67% = 35.3% increase:
Top 10 Sales:
7003 Irongate Lane $2,650,000
6911 Shook Avenue $1,990,000
2207 Madera Street $1,950,000
9736 Chiswell Road $1,885,000
6407 Sondra Drive $1,795,000
2000 Euclid Avenue $1,689,000
6139 Richmond Avenue $1,385,000
7315 Lehigh Drive $1,350,000
5210 Homer Street $1,295,000
4416 Alderson Street $1,200,000
#AlansLuxuryHomes #AskAlanSmith #EastDallas #Lakewood #AlanSmith
Additionally you will find below the 4 Neighborhood Reports for March 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.
