DFW Home Prices and Sales Post Solid Gains

DFW Home Prices and Sales Post Solid Gains

So...maybe we should add a picture of the Terminator saying I am back baby...but you get the point by looking at the numbers below. The real estate market is making a healthy come back mainly drive by low interest rates and dwindling inventory. If you were looking for the bottom of the real estate market here in the Collin, Denton and Dallas Counties well you missed the bus. You better pull the trigger now before interest rates increase as well as prices - as already documented. 

The report shows a very solid increase in sales posting double digits % increases YTD, while prices remain soft in some areas, some market however have posted great gains. Real estate is still a very market driven industry and as such there is a huge disparity in micro markets across our Counties, for example while the AVG home sale price in Frisco gained 7% , Plano was down another 1%. 

Collin, Cooke, Denton, Dallas and Johnson Counties Sales YTD - Single Family Residential # of Sales % Change Prior Year Average Sales Price % Change Vs Prior Year
Allen 760 11% $248,118 -2%
Anna 152 38% $132,953 8%
Carrollton/F.Branch 967 24% $192,281 0%
Celina 90 25% $225,854 -1%
Cooke County 176 15% $177,436 16%
Coppell 297 3% $307,441 -6%
Dallas E 1,267 25% $268,051 5%
Dallas Far North 654 33% $337,266 2%
Dallas North 432 27% $749,702 -5%
Dallas NE 409 32% $271,169 10%
Dallas NW 371 29% $234,127 5%
Denton Cty N 1,728 20% $165,017 6%
Denton County S 2,241 28% $258,675 6%
Fairview/Lucas 171 6% $387,034 2%
Frisco 1,914 14% $304,429 7%
Garland 1,039 14% $111,644 0%
Irving 683 10% $203,174 9%
Johnson County 944 9% $121,317 7%
McKinney 1,299 22% $228,634 3%
Melissa 91 11% $179,925 -5%
Mesquite 720 1% $86,389 8%
Oakcliff N 534 -2% $108,960 6%
Oakcliff S 225 1% $61,338 2%
Park Cities 513 20% $1,058,241 -4%
Plano 1,891 21% $271,547 -1%
Prosper 279 30% $321,384 -3%
Richardson 606 20% $177,479 2%
Rockwall 797 21% $220,141 -2%
Sachse/Rowlett 531 28% $160,701 11%
The Colony 280 25% $151,031 0%
Uptown Condos 512 13% $304,399 -6%
Wylie 546 20% $179,360 2%
Average 722 19%  $  256,413.0 3%

The above data was provided by NTREIS and is deemed realiable but not guaranteed.

JP Piccinini is the BROKER/OWNER for JP and Associates REALTORs, a real estate brokerage firm based in Frisco Texas where its REALTOR Associates always strive to Exceed Expectations. JP Piccinini specializes in residential real estate sales in Frisco, Plano, McKinney, Little Elm, Allen, Prosper and Celina. He can be reached at 469-999-HOME / 469-999-4663 or at JP@JPHOMESFORSALE.COM


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Dated: August 13th 2012
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About JP: JP Piccinini is an entrepreneur, philanthropist, proud dad and the Founder, Broker and Owner of JP a...

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