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East Dallas:
Average Sales Price: August 2023 – $771,827 vs August 2022 – $733,800 = 5.2% decrease
Average Days On Market: August 2023 – 28 vs August 2022 – 19 = 47.4% increase
Average Sale Price Per SqFt: August 2023 – $331 vs August 2022 – $336 = 1.49% decrease
Sale to List Price Ratio: August 2023 – 96.3% vs August 2022 – 99.5% = 2.2% decrease
Number of Sold Listings: August 2023 – 101 vs August 2022 – 168 = 39.8% decrease
Months Supply of Inventory: August 2023 – 2.7 vs August 2022 – 1.8 = 50% increase
Mortgage Rate: August 2023 – 7.18% vs August 2022 – 5.89% = 22.1% increase:
Top 10 Sales:
4034 Sperry Street $2,470,000
9627 Windy Hill Road $2,100,000
5219 Willis Avenue $1,899,000
7024 Coronado Avenue $1,895,000
5457 Vickery Boulevard $1,795,000
6530 Vanderbilt Avenue $1,795,000
5302 Miller Avenue $1,775,000
7111 Twin Tree Lane $1,750,000
7319 Coronado Avenue $1,699,000
5307 McCommas Boulevard $1,650,000
AlansLuxuryHomes #AskAlanSmith #EastDallas #Lakewood #AlanSmith
Additionally you will find below the 4 Neighborhood Reports for August 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.
