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 their available inventory from 2014 and 2015:
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 Real Estate market in both the resale:
and new construction categories. Note the sizable increase in the median sales price for new construction homes in Dallas for March:
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Looks very healthy Lisa Von Domek !
Yes, Sally K. & David L. Hanson very healthy, but still a strong sellers market which is a bit frustrating for buyers!