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East Dallas:
Average Sales Price: October 2023 – $825,924 vs October 2022 – $843,657 = 2.1% decrease
Average Days On Market: October 2023 – 34 vs October 2022 – 32 = 6.3% increase
Average Sale Price Per SqFt: October 2023 – $336 vs October 2022 – $345 = 2.6% decrease
Sale to List Price Ratio: October 2023 – 95.5% vs October 2022 – 96.7% = 1.2% decrease
Number of Sold Listings: October 2023 – 102 vs October 2022 – 133 = 23.3% decrease
Months Supply of Inventory: October 2023 – 3.1 vs October 2022 – 2.1 = 47.6% increase
Mortgage Rate: October 2023 – 7.76% vs October 2022 – 6.09% = 27.4% increase:
Top 10 Sales:
7137 Westlake Avenue $2,799,000
6721 Sperry Street $2,695,000
6521 Winton Street $2,600,000
6711 Winton Street $2,100,000
5925 Richmond Avenue $2,100,000
5447 Miller Avenue $1,895,000
6970 Santa Maria Lane $1,850,000
6620 Vanderbilt Avenue $1,699,000
5526 Mercedes Avenue $1,549,000
6413 Westlake Avenue $1,500,000
#AlansLuxuryHomes #AskAlanSmith #EastDallas #Lakewood #AlanSmith
Additionally you will find below the 4 Neighborhood Reports for October 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.
