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East Dallas:
Average Sales Price: YTD 2nd Quarter 2022 – $715,144 vs YTD 2nd Quarter 2021 – $567,488 = 26% increase
Average Days On Market: YTD 2nd Quarter 2022 – 17 vs YTD 2nd Quarter 2021 – 25 = 32% decrease
Average Sale Price Per SqFt: YTD 2nd Quarter 2022 – $306 vs YTD 2nd Quarter 2021 – $265 = 15.5% increase
Sale to List Price Ratio: YTD 2nd Quarter 2022 – 104.3% vs YTD 2nd Quarter 2021 – 100% = 4.3% increase
Number of Sold Listings: YTD 2nd Quarter 2022 – 1191 vs YTD 2nd Quarter 2021 – 1633 = 27.1% increase
Months Supply of Inventory: YTD 2nd Quarter 2022 – 1.1 vs YTD 2nd Quarter 2021 – 1.3 = 16.9% decrease
Mortgage Rate: YTD 2nd Quarter 2022 – 5.70% vs YTD 2nd Quarter 2021 – 2.98% = 91.3% increase
Top 10 Sales:
$2,799,000 6722 Lakeshore Drive
$2,500,000 7030 Tokalon Drive
$2,500,000 6724 Sperry Street
$2,450,000 7130 Brookcove Lane
$2,395,000 5647 Swiss Avenue
$2,250,000 6921 Westlake Avenue
$2,195,000 6946 La Vista Drive
$2,145,000 4053 Santa Barbara Drive
$1,950,000 6911 Clayton Avenue
$1,799,000 6939 Pasadena Avenue
#AlansLuxuryHomes #AskAlanSmith #EastDallas #Lakewood #AlanSmith
Additionally you will find below the 4 Neighborhood Reports for YTD 2nd Quarter 2022 compared to 2021.
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.
