Dallas, TX Real Estate Market Statistics For Luxury Homes March 2016

The available inventory remains strong for the Dallas Luxury Home market, with a sizeable increase in resale inventory from 2014 and 2015:

 

The average months supply ratio is at 9.1 months, which is much higher than in homes priced under $1m:

 

   

Where there is only a 4.4 months supply of resale homes priced from $750k to $999,999:

 

 

 

New construction homes priced at $1m or higher had a substantial increase in their available inventory from 2014 and 2015:

 

 

And the average months supply ratio in new luxury construction was even higher than in the resale category:

 

  

And although the median price fluctuates month to month, it is exciting to see that the median home price continues to rise for our Dallas Luxury Real Estate Market in the resale listings:



But there was a decrease in the median sales price for new construction Luxury homes in Dallas for March:



 

 

 

Are you ready to search for your new Dallas area Luxury Dream Home?     

Click the logo to begin!  Home Search

 

 

 

 

www.LisaSellsTexas.com

 

Lisa Von Domek

 

Lisa Von Domek
BROKER/ASSOCIATE/REALTOR, 
ABR, AHWD, ALHS, ASP, BPOR, CAPS, CDPE, CGP,
CLHMS, CMS, CRS, CSP, e-PRO, GREEN, GRI, MRP, PS, QSC, SFR, SRES, TAHS, TRC
Lisa Von Domek & Associates, LLC / Real Living Real Estate Group 
Phone:      972-849-1300 
Email:        Lisa@LisaVon.com      
Website:   www.LisaVon.com

Multi-Million Dollar Consultant

Texas Licensed Real Estate Broker

 Accredited Buyers RepresentativeAccredited Staging ProfessionalAt Home With DiversityCertified Residential Specialist  Certified Aging-in-Place SpecialistGraduate Realtor Institute      Certified Distressed Property Expert  e-ProSenior Real Estate Specialist      GREEN Realtor             Military Relocation ProfessionalShort Sale and Foreclosure CertifiedTexas Affordable HousingTransnational Referral Certified       Institute for Luxury Marketing        Certified Luxury Home Marketing Specialist  ALHS  AR Top Contributor     Wounded Warrior Project

 

 

Addison TX Real Estate  Allen TX Real Estate  Argyle TX Real Estate  Cedar Hill TX Real Estate

Dallas TX Real Estate  DeSoto TX Real Estate  Duncanville TX Real Estate  Grand Prairie TX Real Estate Midlothian TX Real Estate Plano TX Real Estate  Red Oak TX Real Estate  Waxahachie TX Real Estate

 

 

Lisa

Information, written commentary, photos, original verse, etc… are the property of this author and may be reprinted or posted for Active Rain.

Comment balloon 2 commentsLisa Von Domek • April 13 2016 10:55AM
Dallas, TX Real Estate Market Statistics For Luxury Homes March 2016
share
The available inventory remains strong for the Dallas Luxury Home market, with a sizeable increase in resale inventory from 2014 and 2015: The average months supply ratio is at 9. 1 months, which is much higher than in homes priced under $1m: … more
Midlothian, TX Real Estate Market Statistics for March 2016
share
The low inventory trend continues for the Midlothianarea, with available resale homes well below that of the prior two years: But new construction homes had a dramatic increase in their available inventory from 2014 and 2015: The… more
Cedar Hill, TX Real Estate Market Statistics for March 2016
share
The low inventory trend continues for the Cedar Hill area, with available homes below that of the prior two years: New construction homes had a slight increase in their available inventory from 2014 and 2015: And although the median… more
Grand Prairie, TX Real Estate Market Statistics For March 2016
share
The low inventory trend in available homes for sale continues for Grand Prairie, with available resale homes below that of the prior two years: New construction homes posted another increase in available inventory from 2014 and 2015: And… more
DeSoto, TX Real Estate Market Statistics For March 2016
share
The low inventory trend in resale homes continues for the DeSoto area, with available homes well below that of the prior two years: New construction homes have increased againin their available inventory from 2014 and 2015: And… more
Slight Increase In The Inventory Of Homes For Sale in March For Dallas
share
The low inventory trend continues for the Dallas area, with available pre-owned homes well below what we need. But the good news is that we had an increase in that inventory from 2015: New construction homes had a substantial increase in… more
Have You Invited Anyone To Do Business With You Today?
share
My word for the day is Invite: 1. To request the presence or participation of 2. To ask formally 3. To welcome (invite questions from the audience) 4. To bring on: provoke (only inviting trouble) 5. To tempt: entice 6. An invitation Ask… more
Beautiful Sunrise In Dallas Today
share
Now here is the way to start your day… with a beautiful sunrise. Wishing one and all a Fabulous Friday! Lisa Von DomekBROKER/ASSOCIATE/REALTOR, ABR, AHWD, ALHS, ASP, BPOR, CAPS, CDPE, CGP, CLHMS, CMS, CRS, CSP, e-PRO, GREEN, GRI, MRP, PS,… more
Dallas TX Real Estate Market Statistics For March 2016
share
The low inventory trend continues for the Dallas area, with available pre-owned homes well below what we need. But the good news is that we have an increase in that inventory from 2015: New construction homes had a substantial increase in… more
Call Texas 811 Before You Dig That Hole!
share
Call BEFORE you dig! Buried utility lines can cause not only a headache, but a serious disaster. Before you do any landscape remodeling, or digging for any reason in your yard…know where any lines are buried. Texas offers a fabulous… more