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Gallagher Group Real Estate Team

Sales prices continue to rise in Dallas County and nearby communities as months supply of inventory continues to remain low in June 2021.


The median sales price in Dallas County in June 2021 was $330,000, an increase of 22.2% in comparison to $270,000 in June 2020. Moreover, the average sales price in Dallas County in June 2021 was $485,904, an increase of 24.6% in comparison to $389,838 in June 2020. The months supply of available homes for sale in Dallas County remains the same month over month at 1.2 months, however, it is a 57.1% decrease from 2.8 months in June 2020. 


Other statistics worth mentioning include number of closed sales and number of homes for sale, both of which are increasing when you consider month-over-month and quarter-over-quarter changes.  Below is a summary of June 2021 market statistics for Dallas County and nearby communities.

Current Statistics

Average Sales Price

Median Sales Price Closed Sales Days on Market Price per Square Foot Percent of Original Price Current Inventory Months Supply
Addison $517,763 $370,000 19 45 $217 97.2% 22 1.1
Bluffview $2,801,104 $1,812,000 6 23 $541 97.8% 5 0.9
Downtown Dallas $306,125 $245,000 8 74 $232 95.6% 31 3.1
East Dallas $516,551 $449,000 321 18 $253 101.2% 427 1.4
Far North Dallas $541,159 $480,000 201 17 $204 101.1% 192 1.2
Highland Park $3,055,524 $1,951,000 17 45 $576 98.8% 42 2.3
Knox-Henderson $480,779 $460,000 21 33 $289 98.5% 34 1.7
Lakewood $1,011,406 $910,000 16 7 $367 104.0% 26 1.4
Lower Greenville $659,699 $660,000 77 17 $305 101.0% 63 1.0
North Dallas $1,129,396 $750,000 127 46 $272 98.3% 191 1.8
Oak Lawn $533,114 $377,500 188 47 $286 97.7% 328 2.4
Preston Hollow $1,885,285 $1,713,750 40 74 $333 97.0% 92 2.5
University Park $1,840,634 $1,598,000 44 33 $441 99.3% 42 1.2
Uptown $515,278 $436,000 18 59 $277 97.1% 36 2.0
Dallas County $485,904 $330,000 2,578 21 $207 101.5% 2,921 1.2

 

Current Statistics

Addison
Bluffview
Downtown Dallas
East Dallas
Far North Dallas
Highland Park
Knox-Henderson
Lakewood
Lower Greenville
North Dallas
Oak Lawn
Preston Hollow
University Park
Uptown
Dallas County

Average Sales Price

$517,763
$2,801,104
$306,125
$516,551
$541,159
$3,055,524
$480,779
$1,011,406
$659,699
$1,129,396
$533,114
$1,885,285
$1,840,634
$515,278
$485,904
Median Sales Price
$370,000
$1,812,000
$245,000
$449,000
$480,000
$1,951,000
$460,000
$910,000
$660,000
$750,000
$377,500
$1,713,750
$1,598,000
$436,000
$330,000
Closed Sales
19
6
8
321
201
17
21
16
77
127
188
40
44
18
2,578
Days on Market
45
23
74
18
17
45
33
7
17
46
47
74
33
59
21
Price per Square Foot
$217
$541
$232
$253
$204
$576
$289
$367
$305
$272
$286
$333
$441
$277
$207
Percent of Original Price
97.2%
97.8%
95.6%
101.2%
101.1%
98.8%
98.5%
104.0%
101.0%
98.3%
97.7%
97.0%
99.3%
97.1%
101.5%
Current Inventory
22
5
31
427
192
42
34
26
63
191
328
92
42
36
2,921
Months Supply
1.1
0.9
3.1
1.4
1.2
2.3
1.7
1.4
1.0
1.8
2.4
2.5
1.2
2.0
1.2

See Market Statistics in Dallas Area

View detailed market statistics and view historical graphs for Dallas County and nearby communities.

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