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September Home Sales Park Cities – news you can use…

September sales came out today from the MLS, notably NTREIS,
(North Texas Real Estate Information System) And would you believe
there is some good news? Park Cities and Vicinities, actually Dallas home
sales were up 2% from last year.

So, what about Park Cites?
Time to celebrate, believe it or not…sales up 36%!   Yeah!
Now all this is good news but it does comes with a small hit –
Price per sq ft was down 6% – not too bad considering the state of the
nation. Days on market is 88 days which is 29% higher than this time
last year. The other thing that probably spurred sales is that the inventory in
Park Cities is 50% above last years totals and that equates to a 10.3 month supply.
And I’ve been talking about that for a while now…real estate is local and you
can take advantage of the market if you know where to look.

September Home Sales Park Cities
Area 25 Homes for Sale New Listings Pending Avg List Price Act Sale Price
Park Cities 599 147 36 1,180,693 1,146,304
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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