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East Dallas:
Average Sales Price: August 2022 – $738,848 vs August 2021 – $598,622 = 23.4% increase
Average Days On Market: August 2022 – 19 vs August 2021 – 20 = 5% decrease
Average Sale Price Per SqFt: August 2022 – $334 vs August 2021 – $289 = 15.5% increase
Sale to List Price Ratio: August 2022 – 99.5% vs August 2021 – 99.3% = .8% decrease
Number of Sold Listings: August 2022 – 267 vs August 2021 – 284 = 5.9% decrease
Months Supply of Inventory: August 2022 – 1.7 vs August 2021 – 1.6 = 6.2% increase
Mortgage Rate: August 2022 – 5.22% vs August 2021 – 2.84% = 83.8% increase
Top 10 Sales:
$2,195,000 7044 Irongate Lane
$2,095,000 3820 Frontier Lane
$2,100,000 6854 La Vista Drive
$1,799,000 5213 Miller Avenue
$1,495,000 5245 Merrimac Avenue
$1,695,000 6536 Ellsworth Avenue
$1,525,000 6459 Westlake Avenue
$1,499,000 5247 Willis Avenue
$1,499,000 5354 Vanderbilt Avenue
$1,495,000 5446 Ridgedale Avenue
Additionally you will find below the 4 Neighborhood Reports for August 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.
