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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.
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.
