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Park Cities Update: Almost Perfect Numbers for July or at least a lot better….

WOW! These numbers are great considering…
Park Cities Peeps should be very proud! Closed sales were up 3.6% from a year
ago (projected sales is when everything is entered into the MLS) As you can see,
prices are holding and that’s what everyone wants to know. Seller’s are making
concessions as sale to list price is 91.7% – which means some properties are still
on the high side.  These increases are attributed to the typical summer move to
get kiddos in school.  Only thing that is a bit worrisome here is the inventory
and it’s taking 35% longer to sell. So, just know it’s not you – it’s the market.
Monthly indicators have been updated on left side bar. Year to date is not so
good but prices are stable! Yeah!

About Terry W. Smith

Passionate about real estate, positive problem solver, specialty boutique real estate brokerage that does things your way! A full-time Broker & REALTOR®, helping people buy and sell homes in the Dallas - Plano area. Whether you're a buyer just starting out or someone with luxury properties to sell. I have extensive knowledge and experience to help you with your real estate transaction. I am a native Dallasite & know stuff, ask me...

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