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Commercial Real Estate

State of the Dallas Real Estate Market

Let's break down the situation in North Texas by the numbers.
By D Magazine |
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Consider the numbers in the chart below a thermometer that reveals the intensity of the area’s house-buying fever. The chart shows North Texas home sales from January through May 2015, and compares them to figures from the same time period last year. Also, we compared the prices and percentages to those in 2008 to give a bit of historical context. As for the names of the neighborhoods: those are the work of the North Texas Real Estate Information Systems, which compiles all sales data in our region from the various multiple listings services. As always, we are thankful to NTREIS and to the Real Estate Center at Texas A&M University for their magnanimity in sharing this information with us.

AreaNeighborhood# of Houses SoldTotal $ ValueAvg. PriceMedian PricePrice per SqFtSold to List PriceDays on MktMonths Inventory
DallasDallas N219$240,579,165$1,098,535$764,000$26497%583.9
DallasDallas E735$262,953,600$357,760$313,000$17398%391.4
DallasDallas SE180$15,074,460$83,747$75,000$5798%512.3
DallasDallas N Oak Cliff304$56,104,720$184,555$129,900$11497%431.8
DallasDallas S Oak Cliff117$10,739,547$91,791$89,750$5798%551.6
DallasDallas NW235$72,830,495$309,917$287,000$14798%421.3
DallasDallas NE220$75,969,740$345,317$329,600$14798%421.4
DallasDallas Oak Lawn34$16,897,422$496,983$352,000$25896%471.8
DallasPark Cities UP/HP207$267,331,599$1,291,457$1,164,750$35896%594.1
NorthAddison/Far N Dallas351$140,986,521$401,671$355,000$13998%411.4
NorthAllen ISD373$122,324,604$327,948$278,600$11698%421.5
NorthCarrollton/ Farmers Branch484$117,650,236$243,079$213,000$109100%320.9
NorthDenton County1,377$307,039,329$222,977$201,950$10098%461.3
NorthDenton County SE1,161$360,874,791$310,831$271,800$11498%421.6
NorthFrisco/Denton County SE1,033$389,616,610$377,170$340,500$12299%371.4
NorthLovejoy ISD96$44,392,512$462,422$414,000$13398%582.1
NorthMcKinney ISD751$227,963,797$303,547$277,120$11299%371.1
NorthPlano953$332,239,625$348,625$290,000$12299%330.9
NorthPrinceton ISD58$9,061,456$156,232$155,990$8498%350.9
NorthProsper ISD210$90,495,930$430,933$405,000$12397%843.7
NorthRichardson357$83,438,397$233,721$219,000$11099%300.7
NorthSachse/ Rowlett324$68,441,112$211,238$196,750$9199%341.2
NorthThe Colony127$24,306,403$191,389$179,500$97100%210.5
NorthWylie ISD300$72,867,000$242,890$218,500$9698%311.3
NorthwestColleyville133$75,117,735$564,795$504,500$14697%562.5
NorthwestCoppell144$56,655,792$393,443$370,000$14498%561.9
NorthwestGrapevine160$54,148,160$338,426$291,000$13098%411.2
NorthwestKeller252$102,945,276$408,513$370,250$12598%531.9
NorthwestN Richland Hills/ Richland Hills265$54,070,600$204,040$165,000$9798%351.1
NorthwestRoanoke76$19,764,788$260,063$229,750$10897%521.9
NorthwestSouthlake141$99,028,953$702,333$619,500$17497%793.3
NorthwestTrophy Club/ Westlake85$42,932,905$505,093$400,000$14897%453.1
NorthwestWatauga111$14,102,661$127,051$123,500$8199%280.5
MidcitiesArlington N109$24,802,514$227,546$207,000$9096%661.9
MidcitiesArlington NW Central123$19,544,946$158,902$141,500$7998%471.3
MidcitiesArlington NE Central51$4,442,610$87,110$77,750$6098%401.5
MidcitiesArlington SW Central168$34,299,552$204,164$162,750$8798%421.5
MidcitiesArlington SE Central70$7,468,510$106,693$110,450$71100%451
MidcitiesArlington Southwest208$40,765,920$195,990$176,000$8899%421.1
MidcitiesArlington Southeast277$41,314,550$149,150$147,000$7799%290.6
MidcitiesArlington (Mansfield)314$72,295,360$230,240$215,000$9299%361.6
MidcitiesArlington (Kennedale)29$7,435,426$256,394$252,850$9598%573
MidcitiesBedford154$30,537,122$198,293$192,500$9799%300.7
MidcitiesEuless180$41,346,360$229,702$211,000$10698%461.7
MidcitiesGrand Prairie NW50$8,604,450$172,089$142,500$8298%451.4
MidcitiesGrand Prairie NE10$643,400$64,340$51,500$4999%381.6
MidcitiesGrand Prairie N Central66$6,996,528$106,008$109,400$6998%380.9
MidcitiesGrand Prairie S Central91$13,463,632$147,952$140,500$7499%260.8
MidcitiesGrand Prairie South169$34,248,188$202,652$189,750$8199%371
MidcitiesGrand Prairie Far South125$34,112,125$272,897$259,900$9298%511.4
MidcitiesHurst197$37,224,923$188,959$170,500$9298%320.8
MidcitiesIrving378$102,170,754$270,293$207,450$11597%521.9
EastGarland526$82,337,936$156,536$139,900$8299%380.9
EastMesquite417$49,873,200$119,600$117,340$7099%380.9
EastRockwall County492$132,618,600$269,550$225,000$10297%552.4
EastSunnyvale17$6,142,202$361,306$372,500$10897%693.6
SouthDuncanville187$26,035,449$139,227$135,000$7298%491.1
SouthCedar Hill166$27,989,426$168,611$138,050$7598%561.7
SouthDeSoto199$34,010,095$170,905$157,000$7198%701.6
SouthEllis County624$119,242,032$191,093$175,000$8898%742.5
SouthLancaster107$12,938,654$120,922$122,500$6297%481.3
SouthWilmer/ Hutchins16$1,571,552$98,222$107,950$6297%753.1
Fort WorthFort Worth E183$23,049,765$125,955$119,900$6698%571.7
Fort WorthFort Worth SE (Rosedale)50$3,695,600$73,912$56,000$5296%701.8
Fort WorthFort Worth S (Everman/ Forest Hill)87$8,071,425$92,775$92,500$6297%362.1
Fort WorthFort Worth Central/W/SW (TCU)180$49,887,360$277,152$233,000$13996%662.5
Fort WorthFort Worth Central W239$80,446,205$336,595$280,000$14995%662.8
Fort WorthFort Worth (S I-20/Crowley)629$92,363,618$146,842$139,000$7198%561.7
Fort WorthFort Worth (Haltom City/ Riverside)112$11,507,104$102,742$90,000$6897%531.2

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