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Gallagher Group Real Estate Team

Sales prices continue to rise in the Dallas area and nearby communities when comparing year-over-year changes. However, we are starting to see a change in the market. Both the average sales price and median sales price are decreasing when you consider month-over-month and quarter-over-quarter changes. In addition, the percent of original price is decreasing. However, the number of available homes for sale and the months supply of homes for sale remains low. Below is a summary of September 2021 market statistics for the Dallas area and nearby communities.

Current Statistics

Average Sales Price

Median Sales Price Homes Sold Days on Market Price per Square Foot Percent of Original Price Homes for Sale Months Supply
Addison $481,349 $460,000 34 41 $228 98.6% 33 1.8
Allen $528,503 $450,000 144 16 $190 103.5% 101 0.7
Bluffview $592,500 $592,500 2 12 $548 101.4% 7 1.6
Downtown Dallas $530,214 $507,500 14 40 $306 96.4% 37 3.5
Far North Dallas $477,397 $420,000 151 25 $201 97.8% 186 1.2
Frisco $628,188 $540,000 304 19 $204 103.0% 242 0.8
Highland Park $2,246,629 $1,449,500 16 26 $574 95.7% 26 1.6
Lakewood $1,031,225 $841,000 15 26 $370 99.6% 19 1.2
Lower Greenville $627,125 $607,500 42 17 $315 100.0% 61 1.1
M Streets $574,811 $647,450 14 23 $310 100.1% 24 1.1
McKinney $502,414 $458,500 348 15 $193 103.0% 277 0.8
North Dallas $1,026,374 $811,500 90 35 $284 95.2% 176 1.7
Oak Lawn $393,780 $319,000 83 27 $250 98.7% 158 1.9
Plano $512,167 $445,000 295 19 $190 101.2% 250 0.8
Preston Hollow $1,425,198 $960,000 26 51 $336 93.2% 83 2.4
Richardson $435,225 $400,000 129 15 $200 101.0% 148 1.3
University Park $1,800,613 $1,381,250 32 21 $475 98.3% 36 1.1
Uptown $545,294 $485,000 17 27 $310 97.6% 44 2.4
Collin County $502,968 $435,000 1,601 18 $189 102.1% 1,443 0.9
Dallas County $432,789 $320,000 2,374 22 $202 99.6% 3,138 1.3

 

Current Statistics

Addison
Allen
Bluffview
Downtown Dallas
Far North Dallas
Frisco
Highland Park
Lakewood
Lower Greenville
M Streets
McKinney
North Dallas
Oak Lawn
Plano
Preston Hollow
Richardson
University Park
Uptown
Collin County
Dallas County

Average Sales Price

$481,349
$528,503
$592,500
$530,214
$477,397
$628,188
$2,246,629
$1,031,225
$627,125
$574,811
$502,414
$1,026,374
$393,780
$512,167
$1,425,198
$435,225
$1,800,613
$545,294
$502,968
$432,789
Median Sales Price
$460,000
$450,000
$592,500
$507,500
$420,000
$540,000
$1,449,500
$841,000
$607,500
$647,450
$458,500
$811,500
$319,000
$445,000
$960,000
$400,000
$1,381,250
$485,000
$435,000
$320,000
Homes Sold
34
144
2
14
151
304
16
15
42
14
348
90
83
295
26
129
32
17
1,601
2,374
Days on Market
41
16
12
40
25
19
26
26
17
23
15
35
27
19
51
15
21
27
18
22
Price per Square Foot
$228
$190
$548
$306
$201
$204
$574
$370
$315
$310
$193
$284
$250
$190
$336
$200
$475
$310
$189
$202
Percent of Original Price
98.6%
103.5%
101.4%
96.4%
97.8%
103.0%
95.7%
99.6%
100.0%
100.1%
103.0%
95.2%
98.7%
101.2%
93.2%
101.0%
98.3%
97.6%
102.1%
99.6%
Homes for Sale
33
101
7
37
186
242
26
19
61
24
277
176
158
250
83
148
36
44
1,443
3,138
Months Supply
1.8
0.7
1.6
3.5
1.2
0.8
1.6
1.2
1.1
1.1
0.8
1.7
1.9
0.8
2.4
1.3
1.1
2.4
0.9
1.3

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