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East Dallas:
Average Sales Price: May 2022 – $805,329 vs May 2021 – $529,173 = 52.2% increase
Average Days On Market: May 2022 – 12 vs May 2021 – 23 = 47.8% decrease
Average Sale Price Per SqFt: May 2022 – $327 vs May 2021 – $262 = 24.8% increase
Sale to List Price Ratio: May 2022 – 105.5% vs May 2021 – 100.4% = 5% increase
Number of Sold Listings: May 2022 – 255 vs May 2021 – 161 = 58.4% increase
Months Supply of Inventory: May 2022 – 1.1 vs May 2021 – 1.3 = 15.4% decrease
Mortgage Rate: May 2022 – 5.23% vs May 2021 – 2.96% = 76.7% increase
Top 10 Sales:
$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
$1,899,000 5414 Richmond Avenue
$1,899,000 6854 Merrilee Lane
$1,850,000 6721 Winton Street
$1,850,000 6916 Huff Trail
#AlansLuxuryHomes #AskAlanSmith #EastDallas #Lakewood #AlanSmith
Additionally you will find below the 4 Neighborhood Reports for May 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.
