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East Dallas:
Average Sales Price: June 2023 – $844,698 vs June 2022 – $800,270 = 5.5% increase
Average Days On Market: June 2023 – 25 vs June 2022 – 14 = 78.5% increase
Average Sale Price Per SqFt: June 2023 – $349 vs June 2022 – $349 = unchanged
Sale to List Price Ratio: June 2023 – 98.2% vs June 2022 – 104% = 5.5% decrease
Number of Sold Listings: June 2023 – 142 vs June 2022 – 190 = 25.2% decrease
Months Supply of Inventory: June 2023 – 2.3 vs June 2022 – 1.8 = 27.7% increase
Mortgage Rate: June 2023 – 6.71% vs June 2022 – 5.70% = 17.7% increase:
Top 10 Sales:
6439 Kenwood Avenue $2,489,000
4027 Santa Barbara Drive $2,400,000
7056 Coronado Avenue $2,400,000
6608 Anita Street $2,299,000
6621 Northridge Drive $2,295,000
6659 Santa Maria Lane $2,145,000
6830 Merrilee Lane $2,000,000
7207 Brennans Drive $1,895,000
5923 Anita Street $1,795,000
6322 Malcolm Drive $1,700,000
AlansLuxuryHomes #AskAlanSmith #EastDallas #Lakewood #AlanSmith
Additionally you will find below the 4 Neighborhood Reports for June 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.
