East Dallas:
Average Sales Price: February 2022 – $569,751 vs February 2021 – $544,712 = 4.6% increase
Average Days On Market: February 2022 – 29 vs February 2021 – 49 = 40.8% decrease
Average Sale Price Per SqFt: February 2022 – $285 vs February 2021 – $252 = 13.1% increase
Sale to List Price Ratio: February 2022 – 101.5% vs February 2021 – 97.2% = 4.4% increase
Number of Sold Listings: February 2022 – 146 vs February 2021 – 202 = 33.6% decrease
Months Supply of Inventory: February 2022 – .7 vs February 2021 – 1.3 = 46.1% decrease
Mortgage Rate: February 2022 – 3.76% vs February 2021 – 3.45% = 8.9% increase
Top 10 Sales:
$1,695,000 6811 Coronado Avenue
$1,650,000 5521 Swiss Avenue
$1,599,000 7019 Lakewood Boulevard
$1,575,000 5219 Willis Avenue
$1,499,000 6519 Velasco Avenue
$1,399,000 6811 Blessing Drive
$1,300,000 7202 Coronado Avenue
$1,300,000 6543 Bob O Link Drive
$1,299,000 6839 La Vista Drive
$1,250,000 6131 Palo Pinto Avenue
Additionally you will find below the 4 Neighborhood Reports for February 2022 compared to 2021.
See you next month for the real estate market report.
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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.