What a difference a year can make! After the busyness and fast pace of last year, 2022 has been one of correction and balance. Below are your October 2022 Market Statistics for Dallas and nearby areas. Sales prices continue to increase when you compare year-over-year data; however, sales prices have declined slightly when you compare month-over-month data. The number of available homes continues to increase, and we continue to see homes sell for less than list prices. And now as we wrap up, we prepare for what’s to come in 2023. If what’s to come for you means a move, we’d love to walk beside you through that. Please reach out if we can be of service.
|
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 | $639,688 | $525,000 | 12 | 26 | $274 | 98.5% | 24 | 1.8 |
| Bluffview | $3,537,250 | $3,537,250 | 2 | 40 | $642 | 96.4% | 20 | 2.9 |
| Far North Dallas | $557,086 | $525,000 | 109 | 28 | $231 | 97.3% | 211 | 1.7 |
| Highland Park | $2,740,571 | $1,775,000 | 7 | 53 | $595 | 93.3% | 31 | 3.5 |
| Lakewood | $1,419,382 | $1,350,000 | 17 | 30 | $454 | 98.7% | 25 | 1.6 |
| Lower Greenville | $937,672 | $834,868 | 36 | 25 | $383 | 97.9% | 79 | 1.8 |
| M Streets | $821,332 | $818,315 | 13 | 23 | $381 | 98.6% | 32 | 1.9 |
| North Dallas | $1,316,520 | $1,059,000 | 59 | 27 | $333 | 96.3% | 184 | 2.5 |
| Oak Lawn | $490,293 | $335,500 | 46 | 28 | $308 | 96.7% | 103 | 1.5 |
| Old East Dallas | $642,163 | $548,750 | 32 | 27 | $318 | 97.7% | 70 | 1.8 |
| Preston Hollow | $1,829,036 | $1,587,500 | 14 | 28 | $377 | 97.0% | 72 | 2.8 |
| University Park | $1,665,577 | $1,275,000 | 13 | 16 | $489 | 98.3% | 30 | 2.0 |
| Uptown | $601,643 | $627,500 | 14 | 25 | $327 | 98.6% | 18 | 1.4 |
| Dallas County | $498,408 | $350,000 | 1,600 | 29 | $230 | 96.5% | 4,059 | 2.0 |
|
Current Statistics |
|---|
| Addison |
| Bluffview |
| Far North Dallas |
| Highland Park |
| Lakewood |
| Lower Greenville |
| M Streets |
| North Dallas |
| Oak Lawn |
| Old East Dallas |
| Preston Hollow |
| University Park |
| Uptown |
| Dallas County |
|
Average Sales Price |
|---|
| $639,688 |
| $3,537,250 |
| $557,086 |
| $2,740,571 |
| $1,419,382 |
| $937,672 |
| $821,332 |
| $1,316,520 |
| $490,293 |
| $642,163 |
| $1,829,036 |
| $1,665,577 |
| $601,643 |
| $498,408 |
| Median Sales Price |
|---|
| $525,000 |
| $3,537,250 |
| $525,000 |
| $1,775,000 |
| $1,350,000 |
| $834,868 |
| $818,315 |
| $1,059,000 |
| $335,500 |
| $548,750 |
| $1,587,500 |
| $1,275,000 |
| $627,500 |
| $350,000 |
| Homes Sold |
|---|
| 12 |
| 2 |
| 109 |
| 7 |
| 17 |
| 36 |
| 13 |
| 59 |
| 46 |
| 32 |
| 14 |
| 13 |
| 14 |
| 1,600 |
| Days on Market |
|---|
| 26 |
| 40 |
| 28 |
| 53 |
| 30 |
| 25 |
| 23 |
| 27 |
| 28 |
| 27 |
| 28 |
| 16 |
| 25 |
| 29 |
| Price per Square Foot |
|---|
| $274 |
| $642 |
| $231 |
| $595 |
| $454 |
| $383 |
| $381 |
| $333 |
| $308 |
| $318 |
| $377 |
| $489 |
| $327 |
| $230 |
| Percent of Original Price |
|---|
| 98.5% |
| 96.4% |
| 97.3% |
| 93.3% |
| 98.7% |
| 97.9% |
| 98.6% |
| 96.3% |
| 96.7% |
| 97.7% |
| 97.0% |
| 98.3% |
| 98.6% |
| 96.5% |
| Homes for Sale |
|---|
| 24 |
| 20 |
| 211 |
| 31 |
| 25 |
| 79 |
| 32 |
| 184 |
| 103 |
| 70 |
| 72 |
| 30 |
| 18 |
| 4,059 |
| Months Supply |
|---|
| 1.8 |
| 2.9 |
| 1.7 |
| 3.5 |
| 1.6 |
| 1.8 |
| 1.9 |
| 2.5 |
| 1.5 |
| 1.8 |
| 2.8 |
| 2.0 |
| 1.4 |
| 2.0 |
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