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?     

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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

 

 

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Lisa

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Comment balloon 2 commentsLisa Von Domek • April 13 2016 10:55AM

Comments

Lisa hope you have a strong Spring market and that all the figures in your market report go in the right direction.

Posted by George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages) over 4 years ago

Thank you George Souto you know I wish you the very same my friend!

Posted by Lisa Von Domek, ....Experience Isn't Expensive.... It's Priceless! (Lisa Von Domek Team) over 4 years ago

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