East Dallas:
Average Sales Price: July 2023 – $759,051 vs July 2022 – $761,223 = .3% decrease
Average Days On Market: July 2023 – 28 vs July 2022 – 20 = 40% increase
Average Sale Price Per SqFt: July 2023 – $343 vs July 2022 – $321 = .7% increase
Sale to List Price Ratio: July 2023 – 98.7% vs July 2022 – 99.4% = 5.5% decrease
Number of Sold Listings: July 2023 – 145 vs July 2022 – 159 = 8.8% decrease
Months Supply of Inventory: July 2023 – 2.5 vs July 2022 – 2 = 25% increase
Mortgage Rate: July 2023 – 6.9% vs July 2022 – 5.66% = 21.9% increase:
Top 10 Sales:
4765 Chapel Hill Road $3,500,000
7243 Brennans Drive $2,700,000
6832 Avalon Avenue $2,625,000
7251 Brennans Drive $2,549,000
6438 Kenwood Avenue $2,499,000
9341 E Lake Highlands Drive $2,495,000
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
#AlansLuxuryHomes #AskAlanSmith #EastDallas #Lakewood #AlanSmith
Additionally you will find below the 4 Neighborhood Reports for July 2023 compared to 2022.
See you next month for the real estate market report.
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