Rich Patterson, Realtor, The Michael Group Real Estate, Downtown Dallas, Uptown Dallas, Oak Lawn, Oak Cliff

Rich Patterson, Dallas Realtor Uptown, Downtown, Deep Ellum, M Streets, Oak Lawn, Oak Cliff, Highland Park, University Park

Wednesday, 03/10/2010


Real Estate News
Dallas & National


Market Update

Week of February 21 - 27:

63 New Listings
52 Active Foreclosures
62 Price Reductions *
13 Sold **

* Price Change Facts: Average list prices on "Active Only Listings" are running at 88% of original price after 199 days on the market.

** Sold Property Facts: Average sales price is 95% of list price. Average days on the market were 123. CMA Home Details with list price.

Stats shown include Downtown Dallas, Uptown, Victory Park and Oak Lawn.

Read more about current Dallas Real Estate Market Activity.


WR Starkey Mortgage News

This week Bernanke spoke, Greece almost went bankrupt, and U.S. retail sales came in higher than expected. How are they related? Interest rates of course. Here’s how:

When a country like Greece almost defaults on their debt, it sends shivers through the bond market. Remember, mortgages are bonds, they are both I.O.Us. And U.S. bonds can’t help but be tainted by global jitters. So, if the people who buy bonds are a little scared to buy after hearing about Greece, you have to sweeten the pot in order to convince them to buy. With bonds and mortgages, you sweeten the pot by offering a higher rate…and that increase is passed on to you and me.

What keeps rates from falling back down is that the economy is showing life. This is backed up the retail sales figures. What will keep rates from skyrocketing is Fed Chairman Ben Bernanke’s comment that inflation will remain subdued as the economic recovery faces “formidable headwinds.” But rise they will. The dye is cast. The march has begun. This week just confirms again what I’ve been saying:

So, lock ‘em in now. Starkey has ALL KINDS of locks: Locks that you can use without having found a house; Long term locks for up to 10 months; Float down locks and many more.

This week, rates ranged from 4.875% - 5.125% depending on program, credit and points. Have a GREAT weekend and have your buyers call me so we can lock them in and get them approved to buy.

Contact: Susan Moore with WR Starkey for your loan approval, and contact Rich Patterson to help you find your new home.


President Obama Signs the Tax Credit Bill

President Obama signed the tax credit extension and expansion bill today, November 6, 2009.

Details of the plan.

HUD Announces Change Regarding $8,000 Tax Credit

HUD announced a change which will allow first time home buyers to apply the $8,000 tax credit towards closing costs or an additional downpayment.

Printable Flyer from the National Association of REALTORS
Details of the plan.


Trulia Posts

American Recovery and Reinvestment Act of 2009

President Barack Obama signed the American Recovery and Reinvestment Act of 2009 into law in Denver, Colorado on Tuesday, February 17th. Among the many aspects of this law is the tax credit for first time home buyers. This $8,000 tax credit applies to those who have closed since January 1, 2009 or will close by December 1, 2009.

More details about the ARRA can be found here.

Frequently asked questions.


Dallas in 36 Hours - NYTimes

According to the Travel Section of the New York Times, here's what to do in Dallas if you've only got 36 hours. Although a little bit of a slap in the face at first, it does have some great links for things to see and do in the Big D.


Surge in First Time Home Buyers

The NAR and HouseHunt, Inc. reported first time home buyers make up 41% - 50% of the buyers on the market today! It's no wonder. First time home buyers do not have a home to sell before they purchase. Apartment complexes are averaging 92% occupancy. Lease rates are high (which are the normal economics of a buyer's market) and mortgage rates are at historic lows.

The information was released at the 2008 NAR convention in Orlando. Read the entire NAR press release here.


Search for Homes on Your Mobile Device

Have you ever been out looking at homes, found one you like but there's no information available at the property? Now you can find that information or just search for homes on your mobile device.

http://m.richpatterson.net

Pre-Owned S.F.Home Sales up 2%

DFW Single Family home resales are up slightly at 2% over last year - Condo and townhome resales are down 13% over the same period.

You can read the Dallas Morning News article here.

More Local News


Rich Patterson

REALTOR®
The Michael Group
(214) 563-1667 mobile
(214) 853-9497 fax

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Rich Patterson - Dallas Texas Real Estate

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Dallas Real Estate Market Statistics - Archive


Downtown | Uptown | Victory Park | Oak Lawn Update

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Please keep in mind that these are average numbers over the entire Downtown, Uptown and Oak Lawn areas. You should consult a REALTOR® or other real estate professional for market conditions in your neighborhood. If you're not currently working with another broker, I'll be glad to assist you.


As of March 03, 2010: 1,095 Active Listings


Week of Feb 21 - 27:

  • 63 New Listings
  • 06 Back on the Market
  • 52 Active Foreclosures
  • 20 Cancelled Listing
  • 01 Withdrawn Listings
  • 05 Expired Listings - Didn't sell.
  • 62 Price Reductions *
  • 00 Price Increases *
  • 13 Option Contracts - Buyers have an option to cancel the contract.
  • 01 Contingent / Kick Out - Contingent on event / Home to sell.
  • 14 Pending - Waiting to Close
  • 13 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 88% of original price after 199 days on the market.

    ** Sold Property Facts: Average sales price is 95% of list price. Average days on the market were 123. CMA Home Details with list price.


    Week of Feb 14 - 20:

  • 77 New Listings
  • 12 Back on the Market
  • 52 Active Foreclosures
  • 16 Cancelled Listing
  • 02 Withdrawn Listings
  • 16 Expired Listings - Didn't sell.
  • 47 Price Reductions *
  • 01 Price Increases *
  • 08 Option Contracts - Buyers have an option to cancel the contract.
  • 00 Contingent / Kick Out - Contingent on event / Home to sell.
  • 20 Pending - Waiting to Close
  • 14 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 90% of original price after 169 days on the market.

    ** Sold Property Facts: Average sales price is 95% of list price. Average days on the market were 128.


    Week of Feb 07 - 13:

  • 43 New Listings
  • 06 Back on the Market
  • 50 Active Foreclosures
  • 16 Cancelled Listing
  • 01 Withdrawn Listings
  • 13 Expired Listings - Didn't sell.
  • 39 Price Reductions *
  • 01 Price Increases *
  • 16 Option Contracts - Buyers have an option to cancel the contract.
  • 02 Contingent / Kick Out - Contingent on event / Home to sell.
  • 13 Pending - Waiting to Close
  • 05 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 86% of original price after 241 days on the market.

    ** Sold Property Facts: Average sales price is 97% of list price. Average days on the market were 94.


    Week of Jan 31 – Feb 06:

  • 65 New Listings
  • 17 Back on the Market
  • 46 Active Foreclosures
  • 13 Cancelled Listing
  • 01 Withdrawn Listings
  • 60 Expired Listings - Didn't sell.
  • 58 Price Reductions *
  • 00 Price Increases *
  • 16 Option Contracts - Buyers have an option to cancel the contract.
  • 00 Contingent / Kick Out - Contingent on event / Home to sell.
  • 16 Pending - Waiting to Close
  • 12 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 90% of original price after 131 days on the market.

    ** Sold Property Facts: Average sales price is 96% of list price. Average days on the market were 163.


    Week of January 24 - 30:

  • 51 New Listings
  • 02 Back on the Market
  • 41 Active Foreclosures
  • 21 Cancelled Listing
  • 06 Withdrawn Listings
  • 10 Expired Listings - Didn't sell.
  • 52 Price Reductions *
  • 01 Price Increases *
  • 12 Option Contracts - Buyers have an option to cancel the contract.
  • 00 Contingent / Kick Out - Contingent on event / Home to sell.
  • 11 Pending - Waiting to Close
  • 15 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 89% of original price after 157 days on the market.

    ** Sold Property Facts: Average sales price is 96% of list price. Average days on the market were 131.


    Week of January 24 - 30:

  • 47 New Listings
  • 02 Back on the Market
  • 42 Active Foreclosures
  • 09 Cancelled Listing
  • 04 Withdrawn Listings
  • 04 Expired Listings - Didn't sell.
  • 56 Price Reductions *
  • 02 Price Increases *
  • 07 Option Contracts - Buyers have an option to cancel the contract.
  • 03 Contingent / Kick Out - Contingent on event / Home to sell.
  • 12 Pending - Waiting to Close
  • 07 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 90% of original price after 192 days on the market.

    ** Sold Property Facts: Average sales price is 96% of list price. Average days on the market were 154.


    Week of January 10 - 16:

  • 52 New Listings
  • 02 Back on the Market
  • 36 Active Foreclosures
  • 16 Cancelled Listing
  • 03 Withdrawn Listings
  • 09 Expired Listings - Didn't sell.
  • 55 Price Reductions *
  • 02 Price Increases *
  • 07 Option Contracts - Buyers have an option to cancel the contract.
  • 01 Contingent / Kick Out - Contingent on event / Home to sell.
  • 07 Pending - Waiting to Close
  • 07 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 91% of original price after 178 days on the market.

    ** Sold Property Facts: Average sales price is 98% of list price. Average days on the market were 75.


    Week of January 03 - 09:

  • 62 New Listings
  • 19 Back on the Market
  • 36 Active Foreclosures
  • 17 Cancelled Listing
  • 01 Withdrawn Listings
  • 15 Expired Listings - Didn't sell.
  • 41 Price Reductions *
  • 01 Price Increases *
  • 07 Option Contracts - Buyers have an option to cancel the contract.
  • 01 Contingent / Kick Out - Contingent on event / Home to sell.
  • 17 Pending - Waiting to Close
  • 16 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 92% of original price after 139 days on the market.

    ** Sold Property Facts: Average sales price is 95% of list price. Average days on the market were 137.


    Week of December 27 – January 02:

  • 21 New Listings
  • 05 Back on the Market
  • 33 Active Foreclosures
  • 09 Cancelled Listing
  • 04 Withdrawn Listings
  • 100 Expired Listings - Didn't sell.
  • 24 Price Reductions *
  • 00 Price Increases *
  • 01 Option Contracts - Buyers have an option to cancel the contract.
  • 01 Contingent / Kick Out - Contingent on event / Home to sell.
  • 11 Pending - Waiting to Close
  • 14 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 92% of original price after 140 days on the market.

    ** Sold Property Facts: Average sales price is 97% of list price. Average days on the market were 187.


    Week of December 20 - 26:

    986 Active Listings

  • 17 New Listings
  • 07 Back on the Market
  • 29 Active Foreclosures
  • 09 Cancelled Listing
  • 02 Withdrawn Listings
  • 18 Expired Listings - Didn't sell.
  • 15 Price Reductions *
  • 00 Price Increases *
  • 05 Option Contracts - Buyers have an option to cancel the contract.
  • 01 Contingent / Kick Out - Contingent on event / Home to sell.
  • 07 Pending - Waiting to Close
  • 18 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 90% of original price after 122 days on the market.

    ** Sold Property Facts: Average sales price is 91% of list price. Average days on the market were 140.


    Week of December 13 - 19:

    N/A

    Week of December 06 - 12:

    1060 Active Listings

  • 38 New Listings
  • 06 Back on the Market
  • 29 Active Foreclosures
  • 16 Cancelled Listing
  • 02 Withdrawn Listings
  • 08 Expired Listings - Didn't sell.
  • 43 Price Reductions *
  • 00 Price Increases *
  • 07 Option Contracts - Buyers have an option to cancel the contract.
  • 02 Contingent / Kick Out - Contingent on event / Home to sell.
  • 15 Pending - Waiting to Close
  • 10 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 86% of original price after 212 days on the market.

    ** Sold Property Facts: Average sales price is 97% of list price. Average days on the market were 79.


    Week of November 29 – December 05:

    1173 Total Listings
    1085 Active Listings

  • 37 New Listings
  • 18 Back on the Market
  • 28 Active Foreclosures
  • 29 Cancelled Listing
  • 05 Withdrawn Listings
  • 47 Expired Listings - Didn't sell.
  • 42 Price Reductions *
  • 00 Price Increases *
  • 14 Option Contracts - Buyers have an option to cancel the contract.
  • 02 Contingent / Kick Out - Contingent on event / Home to sell.
  • 19 Pending - Waiting to Close
  • 17 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 92% of original price after 144 days on the market.

    ** Sold Property Facts: Average sales price is 94% of list price. Average days on the market were 111.


    Week of November 22 – 28: Thanksgiving Week

    1118 Total Listings
    1081 Active Listings

  • 16 New Listings
  • 08 Back on the Market
  • 28 Active Foreclosures
  • 10 Cancelled Listing
  • 01 Withdrawn Listings
  • 15 Expired Listings - Didn't sell.
  • 17 Price Reductions *
  • 01 Price Increases *
  • 08 Option Contracts - Buyers have an option to cancel the contract.
  • 02 Contingent / Kick Out - Contingent on event / Home to sell.
  • 12 Pending - Waiting to Close
  • 11 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 92% of original price after 139 days on the market.

    ** Sold Property Facts: Average sales price is 98% of list price. Average days on the market were 124.


    Week of November 15 - 22: N/A

    Week of November 08 - 14:

    1186 Total Listings
    1145 Active Listings

  • 52 New Listings
  • 14 Back on the Market
  • 25 Active Foreclosures
  • 10 Cancelled Listing
  • 02 Withdrawn Listings
  • 16 Expired Listings - Didn't sell.
  • 49 Price Reductions *
  • 01 Price Increases *
  • 13 Option Contracts - Buyers have an option to cancel the contract.
  • 00 Contingent / Kick Out - Contingent on event / Home to sell.
  • 22 Pending - Waiting to Close
  • 19 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 90% of original price after 130 days on the market.

    ** Sold Property Facts: Average sales price is 98% of list price. Average days on the market were 139.


    Week of November 01 - 07:

    1202 Total Listings
    1146 Active Listings

  • 29 New Listings
  • 08 Back on the Market
  • 26 Active Foreclosures
  • 16 Cancelled Listing
  • 01 Withdrawn Listings
  • 31 Expired Listings - Didn't sell.
  • 58 Price Reductions *
  • 01 Price Increases *
  • 07 Option Contracts - Buyers have an option to cancel the contract.
  • 00 Contingent / Kick Out - Contingent on event / Home to sell.
  • 25 Pending - Waiting to Close
  • 15 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 91% of original price after 119 days on the market.

    ** Sold Property Facts: Average sales price is 96% of list price. Average days on the market were 151.


    Week of October 25 - 31:

    1214 Total Listings
    1142 Active Listings

  • 43 New Listings
  • 09 Back on the Market
  • 29 Active Foreclosures
  • 13 Cancelled Listing
  • 01 Withdrawn Listings
  • 11 Expired Listings - Didn't sell.
  • 59 Price Reductions *
  • 01 Price Increases *
  • 17 Option Contracts - Buyers have an option to cancel the contract.
  • 00 Contingent / Kick Out - Contingent on event / Home to sell.
  • 13 Pending - Waiting to Close
  • 15 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 92% of original price after 131 days on the market.

    ** Sold Property Facts: Average sales price is 96% of list price. Average days on the market were 164.


    Week of October 18 - 24:

    1221 Total Listings
    1171 Active Listings

  • 47 New Listings
  • 14 Back on the Market
  • 35 Active Foreclosures
  • 09 Cancelled Listing
  • 03 Withdrawn Listings
  • 24 Expired Listings - Didn't sell.
  • 55 Price Reductions *
  • 04 Price Increases *
  • 06 Option Contracts - Buyers have an option to cancel the contract.
  • 00 Contingent / Kick Out - Contingent on event / Home to sell.
  • 17 Pending - Waiting to Close
  • 17 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 91% of original price after 171 days on the market.

    ** Sold Property Facts: Average sales price is 96% of list price. Average days on the market were 121.


    Week of October 11 - 17:

    1204 Total Listings
    1163 Active Listings

  • 45 New Listings
  • 09 Back on the Market
  • 34 Active Foreclosures
  • 17 Cancelled Listing
  • 01 Withdrawn Listings
  • 15 Expired Listings - Didn't sell.
  • 62 Price Reductions *
  • 01 Price Increases *
  • 12 Option Contracts - Buyers have an option to cancel the contract.
  • 02 Contingent / Kick Out - Contingent on event / Home to sell.
  • 11 Pending - Waiting to Close
  • 08 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 92% of original price after 120 days on the market.

    ** Sold Property Facts: Average sales price is 92% of list price. Average days on the market were 197.


    Week of October 04 - 10:

    1197 Total Listings
    1159 Active Listings

  • 62 New Listings
  • 11 Back on the Market
  • 35 Active Foreclosures
  • 16 Cancelled Listing
  • 02 Withdrawn Listings
  • 08 Expired Listings - Didn't sell.
  • 36 Price Reductions *
  • 00 Price Increases *
  • 20 Option Contracts - Buyers have an option to cancel the contract.
  • 00 Contingent / Kick Out - Contingent on event / Home to sell.
  • 14 Pending - Waiting to Close
  • 07 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 89% of original price after 154 days on the market.

    ** Sold Property Facts: Average sales price is 94% of list price. Average days on the market were 286. The days on market spike for this week is due to the low number of sales and a condo at the Vendome selling after 876 days or two years, five months on the market!!!


    Week of September 27 – October 03:

    1208 Total Listings
    1131 Active Listings

  • 45 New Listings
  • 25 Back on the Market
  • 33 Active Foreclosures
  • 16 Cancelled Listing
  • 01 Withdrawn Listings
  • 65 Expired Listings - Didn't sell.
  • 52 Price Reductions *
  • 00 Price Increases *
  • 11 Option Contracts - Buyers have an option to cancel the contract.
  • 01 Contingent / Kick Out - Contingent on event / Home to sell.
  • 15 Pending - Waiting to Close
  • 16 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 92% of original price after 130 days on the market.

    ** Sold Property Facts: Average sales price is 96% of list price. Average days on the market were 143.


    Week of September 20 – 26:

    ***There are 11 Ritz Carlton Phase II Properties in the "Sold" figures this week and they are skewing the numbers.***

    1196 Total Listings
    1144 Active Listings

  • 38 New Listings
  • 13 Back on the Market
  • 32 Active Foreclosures
  • 11 Cancelled Listing
  • 01 Withdrawn Listings
  • 10 Expired Listings - Didn't sell.
  • 62 Price Reductions *
  • 00 Price Increases *
  • 11 Option Contracts - Buyers have an option to cancel the contract.
  • 00 Contingent / Kick Out - Contingent on event / Home to sell.
  • 16 Pending - Waiting to Close
  • 25 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 89% of original price after 139 days on the market.

    ** Sold Property Facts: Average sales price is 97% of list price. Average days on the market were 73.


    Week of September 13 – 19:

    1190 Total Listings
    1143 Active Listings

  • 71 New Listings
  • 07 Back on the Market
  • 34 Active Foreclosures
  • 16 Cancelled Listing
  • 01 Withdrawn Listings
  • 11 Expired Listings - Didn't sell.
  • 38 Price Reductions *
  • 00 Price Increases *
  • 07 Option Contracts - Buyers have an option to cancel the contract.
  • 03 Contingent / Kick Out - Contingent on event / Home to sell.
  • 21 Pending - Waiting to Close
  • 13 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 93% of original price after 149 days on the market.

    ** Sold Property Facts: Average sales price is 96% of list price. Average days on the market were 110.


    Week of September 06 – 12:

    1160 Total Listings
    1119 Active Listings

  • 41 New Listings
  • 15 Back on the Market
  • 34 Active Foreclosures
  • 11 Cancelled Listing
  • 03 Withdrawn Listings
  • 25 Expired Listings - Didn't sell.
  • 56 Price Reductions *
  • 00 Price Increases *
  • 12 Option Contracts - Buyers have an option to cancel the contract.
  • 01 Contingent / Kick Out - Contingent on event / Home to sell.
  • 08 Pending - Waiting to Close
  • 19 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 91% of original price after 241 days on the market.

    ** Sold Property Facts: Average sales price is 95% of list price. Average days on the market were 140.


    Week of August 30 – September 05:

    1178 Total Listings
    1119 Active Listings

  • 53 New Listings
  • 18 Back on the Market
  • 32 Active Foreclosures
  • 21 Cancelled Listing
  • 01 Withdrawn Listings
  • 31 Expired Listings - Didn't sell.
  • 39 Price Reductions *
  • 02 Price Increases *
  • 05 Option Contracts - Buyers have an option to cancel the contract.
  • 00 Contingent / Kick Out - Contingent on event / Home to sell.
  • 15 Pending - Waiting to Close
  • 15 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 91% of original price after 155 days on the market.

    ** Sold Property Facts: Average sales price is 96% of list price. Average days on the market were 161.


    Week of August 23 - 29:

    1144 Total Listings
    1093 Active Listings

  • 45 New Listings
  • 08 Back on the Market
  • 28 Active Foreclosures
  • 13 Cancelled Listing
  • 05 Withdrawn Listings
  • 11 Expired Listings - Didn't sell.
  • 53 Price Reductions *
  • 01 Price Increases *
  • 08 Option Contracts - Buyers have an option to cancel the contract.
  • 01 Contingent / Kick Out - Contingent on event / Home to sell.
  • 24 Pending - Waiting to Close
  • 13 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 91% of original price after 127 days on the market.

    ** Sold Property Facts: Average sales price is 94% of list price. Average days on the market were 129.


    Week of August 16 - 22:

    1158 Total Listings
    1101 Active Listings

  • 61 New Listings
  • 07 Back on the Market
  • 29 Active Foreclosures
  • 18 Cancelled Listing
  • 01 Withdrawn Listings
  • 09 Expired Listings - Didn't sell.
  • 55 Price Reductions *
  • 01 Price Increases *
  • 11 Option Contracts - Buyers have an option to cancel the contract.
  • 03 Contingent / Kick Out - Contingent on event / Home to sell.
  • 13 Pending - Waiting to Close
  • 20 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 92% of original price after 156 days on the market.

    ** Sold Property Facts: Average sales price is 91% of list price. Average days on the market were 227.


    Week of August 09 - 15:

    1144 Total Listings
    1096 Active Listings

  • 55 New Listings
  • 06 Back on the Market
  • 30 Active Foreclosures
  • 20 Cancelled Listing
  • 02 Withdrawn Listings
  • 08 Expired Listings - Didn't sell.
  • 50 Price Reductions *
  • 01 Price Increases *
  • 18 Option Contracts - Buyers have an option to cancel the contract.
  • 02 Contingent / Kick Out - Contingent on event / Home to sell.
  • 15 Pending - Waiting to Close
  • 10 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 92% of original price after 156 days on the market.

    ** Sold Property Facts: Average sales price is 96% of list price. Average days on the market were 92.


    Week of August 02 - 08:

    1129 Total Listings
    1084 Active Listings

  • 54 New Listings
  • 21 Back on the Market
  • 29 Active Foreclosures
  • 16 Cancelled Listing
  • 01 Withdrawn Listings
  • 16 Expired Listings - Didn't sell.
  • 71 Price Reductions *
  • 01 Price Increases *
  • 08 Option Contracts - Buyers have an option to cancel the contract.
  • 01 Contingent / Kick Out - Contingent on event / Home to sell.
  • 25 Pending - Waiting to Close
  • 10 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 91% of original price after 176 days on the market.

    ** Sold Property Facts: Average sales price is 96% of list price. Average days on the market were 92.


    Week of July 26 – August 01:

    1151 Total Listings
    1074 Active Listings

  • 43 New Listings
  • 17 Back on the Market
  • 36 Active Foreclosures
  • 17 Cancelled Listing
  • 01 Withdrawn Listings
  • 36 Expired Listings - Didn't sell.
  • 61 Price Reductions *
  • 01 Price Increases *
  • 19 Option Contracts - Buyers have an option to cancel the contract.
  • 01 Contingent / Kick Out - Contingent on event / Home to sell.
  • 15 Pending - Waiting to Close
  • 25 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 91% of original price after 159 days on the market.

    ** Sold Property Facts: Average sales price is 97% of list price. Average days on the market were 93.


    Week of July 19 - 25:

    1141 Total Listings
    1084 Active Listings

  • 50 New Listings
  • 12 Back on the Market
  • 39 Active Foreclosures
  • 16 Cancelled Listing
  • 06 Withdrawn Listings
  • 13 Expired Listings - Didn't sell.
  • 56 Price Reductions *
  • 02 Price Increases *
  • 10 Option Contracts - Buyers have an option to cancel the contract.
  • 03 Contingent / Kick Out - Contingent on event / Home to sell.
  • 19 Pending - Waiting to Close
  • 16 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 90% of original price after 162 days on the market.

    ** Sold Property Facts: Average sales price is 95% of list price. Average days on the market were 212.


    Week of July 12 - 18:

    1147 Total Listings
    1068 Active Listings

  • 51 New Listings
  • 08 Back on the Market
  • 40 Active Foreclosures
  • 37 Cancelled Listing
  • 01 Withdrawn Listings
  • 28 Expired Listings - Didn't sell.
  • 56 Price Reductions *
  • 00 Price Increases *
  • 19 Option Contracts - Buyers have an option to cancel the contract.
  • 03 Contingent / Kick Out - Contingent on event / Home to sell.
  • 11 Pending - Waiting to Close
  • 18 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 91% of original price after 138 days on the market.

    ** Sold Property Facts: Average sales price is 95% of list price. Average days on the market were 136.


    Week of July 05 - 11:

    1144 Total Listings
    1086 Active Listings

  • 45 New Listings
  • 11 Back on the Market
  • 41 Active Foreclosures
  • 16 Cancelled Listing
  • 06 Withdrawn Listings
  • 07 Expired Listings - Didn't sell.
  • 52 Price Reductions *
  • 00 Price Increases *
  • 14 Option Contracts - Buyers have an option to cancel the contract.
  • 05 Contingent / Kick Out - Contingent on event / Home to sell.
  • 16 Pending - Waiting to Close
  • 09 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 90% of original price after 137 days on the market.

    ** Sold Property Facts: Average sales price is 95% of list price. Average days on the market were 159.


    Week of June 28 – July 04:

    1176 Total Listings
    1087 Active Listings

  • 41 New Listings
  • 18 Back on the Market
  • 40 Active Foreclosures
  • 14 Cancelled Listing
  • 12 Withdrawn Listings
  • 44 Expired Listings - Didn't sell.
  • 67 Price Reductions *
  • 00 Price Increases *
  • 12 Option Contracts - Buyers have an option to cancel the contract.
  • 03 Contingent / Kick Out - Contingent on event / Home to sell.
  • 17 Pending - Waiting to Close
  • 28 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 91% of original price after 205 days on the market.

    ** Sold Property Facts: Average sales price is 96% of list price. Average days on the market were 166.


    Week of June 21 – 27:

    1131 Total Listings
    1071 Active Listings

  • 64 New Listings
  • 10 Back on the Market
  • 35 Active Foreclosures
  • 29 Cancelled Listing
  • 02 Withdrawn Listings
  • 10 Expired Listings - Didn't sell.
  • 43 Price Reductions *
  • 01 Price Increases *
  • 12 Option Contracts - Buyers have an option to cancel the contract.
  • 02 Contingent / Kick Out - Contingent on event / Home to sell.
  • 13 Pending - Waiting to Close
  • 23 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 93% of original price after 125 days on the market.

    ** Sold Property Facts: Average sales price is 99% of list price. Average days on the market were 145.


    Week of June 14 – 20:

    1192 Total Listings
    1115 Active Listings

  • 59 New Listings
  • 08 Back on the Market
  • 32 Active Foreclosures
  • 20 Cancelled Listing
  • 01 Withdrawn Listings
  • 16 Expired Listings - Didn't sell.
  • 41 Price Reductions *
  • 01 Price Increases *
  • 13 Option Contracts - Buyers have an option to cancel the contract.
  • 01 Contingent / Kick Out - Contingent on event / Home to sell.
  • 24 Pending - Waiting to Close
  • 20 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 93% of original price after 161 days on the market.

    ** Sold Property Facts: Average sales price is 94% of list price. Average days on the market were 92.


    Week of June 07 – 13:

    1151 Total Listings
    1095 Active Listings

  • 45 New Listings
  • 09 Back on the Market
  • 34 Active Foreclosures
  • 24 Cancelled Listing
  • 00 Withdrawn Listings
  • 03 Expired Listings - Didn't sell.
  • 72 Price Reductions *
  • 00 Price Increases *
  • 13 Option Contracts - Buyers have an option to cancel the contract.
  • 01 Contingent / Kick Out - Contingent on event / Home to sell.
  • 21 Pending - Waiting to Close
  • 24 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 91% of original price after 190 days on the market.

    ** Sold Property Facts: Average sales price is 98% of list price. Average days on the market were 122.


    Week of May 31 – June 06:

    1172 Total Listings
    1096 Active Listings

  • 48 New Listings
  • 13 Back on the Market
  • 36 Active Foreclosures
  • 18 Cancelled Listing
  • 01 Withdrawn Listings
  • 40 Expired Listings - Didn't sell.
  • 54 Price Reductions *
  • 00 Price Increases *
  • 13 Option Contracts - Buyers have an option to cancel the contract.
  • 02 Contingent / Kick Out - Contingent on event / Home to sell.
  • 22 Pending - Waiting to Close
  • 26 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 91% of original price after 163 days on the market.

    ** Sold Property Facts: Average sales price is 95% of list price. Average days on the market were 120.


    Week of May 24 – 30:

    1167 Total Listings
    1109 Active Listings

  • 48 New Listings
  • 10 Back on the Market
  • 36 Active Foreclosures
  • 09 Cancelled Listing
  • 01 Withdrawn Listings
  • 10 Expired Listings - Didn't sell.
  • 57 Price Reductions *
  • 00 Price Increases *
  • 09 Option Contracts - Buyers have an option to cancel the contract.
  • 03 Contingent / Kick Out - Contingent on event / Home to sell.
  • 23 Pending - Waiting to Close
  • 21 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 93% of original price after 140 days on the market.

    ** Sold Property Facts: Average sales price is 97% of list price. Average days on the market were 116.


    Week of May 17 – 23:

    1181 Total Listings
    1125 Active Listings

  • 39 New Listings
  • 07 Back on the Market
  • 35 Active Foreclosures
  • 12 Cancelled Listing
  • 00 Withdrawn Listings
  • 12 Expired Listings - Didn't sell.
  • 47 Price Reductions *
  • 02 Price Increases *
  • 14 Option Contracts - Buyers have an option to cancel the contract.
  • 02 Contingent / Kick Out - Contingent on event / Home to sell.
  • 18 Pending - Waiting to Close
  • 33 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 90% of original price after 132 days on the market.

    ** Sold Property Facts: Average sales price is 96% of list price. Average days on the market were 122.


    Week of May 10 – 16:

    1181 Total Listings
    1117 Active Listings

  • 61 New Listings
  • 18 Back on the Market
  • 38 Active Foreclosures
  • 29 Cancelled Listing
  • 02 Withdrawn Listings
  • 09 Expired Listings - Didn't sell.
  • 59 Price Reductions *
  • 02 Price Increases *
  • 20 Option Contracts - Buyers have an option to cancel the contract.
  • 03 Contingent / Kick Out - Contingent on event / Home to sell.
  • 13 Pending - Waiting to Close
  • 09 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 92% of original price after 155 days on the market.

    ** Sold Property Facts: Average sales price is 96% of list price. Average days on the market were 199.


    Week of May 03 – 09:

    1171 Total Listings
    1115 Active Listings

  • 43 New Listings
  • 12 Back on the Market
  • 42 Active Foreclosures
  • 17 Cancelled Listing
  • 00 Withdrawn Listings
  • 14 Expired Listings - Didn't sell.
  • 57 Price Reductions *
  • 00 Price Increases *
  • 08 Option Contracts - Buyers have an option to cancel the contract.
  • 04 Contingent / Kick Out - Contingent on event / Home to sell.
  • 24 Pending - Waiting to Close
  • 14 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 92% of original price after 151 days on the market.

    ** Sold Property Facts: Average sales price is 94% of list price. Average days on the market were 109.


    Week of April 26 – May 02:

    1181 Total Listings
    1101 Active Listings

  • 42 New Listings
  • 18 Back on the Market
  • 44 Active Foreclosures
  • 16 Cancelled Listing
  • 02 Withdrawn Listings
  • 44 Expired Listings - Didn't sell.
  • 54 Price Reductions *
  • 02 Price Increases *
  • 17 Option Contracts - Buyers have an option to cancel the contract.
  • 04 Contingent / Kick Out - Contingent on event / Home to sell.
  • 20 Pending - Waiting to Close
  • 20 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 93% of original price after 120 days on the market.

    ** Sold Property Facts: Average sales price is 97% of list price. Average days on the market were 144.


    Week of April 19 - 25:

    1156 Total Listings
    1118 Active Listings

  • 60 New Listings
  • 15 Back on the Market
  • 41 Active Foreclosures
  • 10 Cancelled Listing
  • 02 Withdrawn Listings
  • 18 Expired Listings - Didn't sell.
  • 49 Price Reductions *
  • 02 Price Increases *
  • 14 Option Contracts - Buyers have an option to cancel the contract.
  • 00 Contingent / Kick Out - Contingent on event / Home to sell.
  • 21 Pending - Waiting to Close
  • 12 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 92% of original price after 110 days on the market.

    ** Sold Property Facts: Average sales price is 95% of list price. Average days on the market were 188.


    Week of April 12 - 18:
    N/A

    Week of April 05 - 11:

    1159 Total Listings
    1098 Active Listings

  • 042 New Listings
  • 009 Back on the Market
  • 043 Active Foreclosures
  • 031 Cancelled Listing
  • 000 Withdrawn Listings
  • 010 Expired Listings - Didn't sell.
  • 037 Price Reductions *
  • 002 Price Increases *
  • 020 Option Contracts - Buyers have an option to cancel the contract.
  • 001 Contingent - Contingent on event / Home to sell.
  • 022 Pending - Waiting to Close
  • 007 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 91% of original price after 137 days on the market.

    ** Sold Property Facts: Average sales price is 92% of list price. Average days on the market were 140.


    Week of March 29 - April 04:

    1152 Total Listings
    1076 Active Listings

  • 059 New Listings
  • 017 Back on the Market
  • 048 Active Foreclosures
  • 014 Cancelled Listing
  • 000 Withdrawn Listings
  • 044 Expired Listings - Didn't sell.
  • 050 Price Reductions *
  • 002 Price Increases *
  • 017 Option Contracts - Buyers have an option to cancel the contract.
  • 003 Contingent - Contingent on event / Home to sell.
  • 013 Pending - Waiting to Close
  • 020 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 92% of original price after 142 days on the market.

    ** Sold Property Facts: Average sales price is 94% of list price. Average days on the market were 123.


    Week of March 22 - 28:

    1121 Total Listings
    1075 Active Listings

  • 044 New Listings
  • 009 Back on the Market
  • 052 Active Foreclosures
  • 021 Cancelled Listing
  • 002 Withdrawn Listings
  • 008 Expired Listings - Didn't sell.
  • 044 Price Reductions *
  • 000 Price Increases *
  • 011 Option Contracts - Buyers have an option to cancel the contract.
  • 002 Contingent - Contingent on event / Home to sell.
  • 013 Pending - Waiting to Close
  • 007 Sold **
  • * Price Change Facts: Average list prices on "Active Only Listings" are running at 93% of original price after 118 days on the market.

    ** Sold Property Facts: Average sales price is 96% of list price. Average days on the market were 65.


    Week of March 15 - 21:

    1159 Total Listings
    1102 Active Listings

  • 060 New Listings
  • 007 Back on the Market
  • 032 Cancelled Listing
  • 008 Expired Listings - Didn't sell.
  • 057 Active Foreclosures
  • 058 Price Reductions *
  • 002 Price Increases *
  • 009 Option Contracts - Buyers have an option to cancel the contract.
  • 000 Contingent - Contingent on event / Home to sell.
  • 016 Pending - Waiting to Close
  • 013 Sold **
  • * Price Change Facts: Average list prices on “Active Only Listings” are running at 91% of original price after 131 days on the market.

    ** Sold Property Facts: Average sales price was $242,715 which was 96% of the list price of $250,649 with an average of 85 days on the market.


    Week of March 08 - 14:

    1122 Total Listings
    1084 Active Listings

  • 109 New Listings Data prior to 03/15/2009 may be incorrect
  • 007 Back on the Market
  • 008 Cancelled Listing
  • 013 Expired Listings - Didn't sell.
  • 044 Active Foreclosures
  • 045 Price Reductions *
  • 006 Price Increases *
  • 012 Option Contracts - Buyers have an option to cancel the contract.
  • 000 Contingent - Contingent on event / Home to sell.
  • 013 Pending - Waiting to Close
  • 009 Sold **
  • * Price Change Facts: Average list prices on “Active Only Listings” (not including 2555 Pearl) are running at 93% of original price after 147 days on the market.

    ** Sold Property Facts: Average sales price was $331,300 which was 95% of the list price of $346,587 with an average of 109 days on the market.


    Week of March 01 - 07:

    1122 Total Listings
    1057 Active Listings

  • 150 New Listings
  • 021 Back on the Market
  • 028 Cancelled Listing
  • 019 Expired Listings - Didn't sell.
  • 051 Active Foreclosures
  • 061 Price Reductions *
  • 000 Price Increases *
  • 007 Option Contracts - Buyers have an option to cancel the contract.
  • 003 Contingent - Contingent on event / Home to sell.
  • 015 Pending - Waiting to Close
  • 010 Sold **
  • * Price Change Facts: Average list price is running at 91% of original price after 168 days on the market.

    ** Sold Property Facts: Average sales price was $243,099 which was 96% of the list price of $248,579 with an average of 113 days on the market.


    Week of February 22 - 28:

    1077 Total Listings
    1016 Active Listings

  • 111 New Listings
  • 006 Back on the Market
  • 015 Cancelled Listing
  • 007 Expired Listings - Didn't sell.
  • 046 Active Foreclosures
  • 066 Price Reductions *
  • 003 Price Increases *
  • 006 Option Contracts - Buyers have an option to cancel the contract.
  • 000 Contingent - Contingent on event / Home to sell.
  • 013 Pending - Waiting to Close
  • 021 Sold **
  • * Price Change Facts: Average list price is running at 95% of original price. The average original price of $379,983 was reduced to $358,437 after 122 days on the market.

    ** Sold Property Facts: Average sales price was $201,580 which was 96% of the list price of $208,911 with an average of 104 days on the market.


    Week of February 15 - 21:

    1065 Total Listings
    1024 Active Listings

  • 088 New Listings
  • 007 Back on the Market
  • 014 Cancelled Listing
  • 012 Expired Listings - Did not sell.
  • 042 Active Foreclosures
  • 044 Price Reductions *
  • 002 Price Increases *
  • 004 Option Contracts - Buyers committed but have the option to back out within a specified timeframe.
  • 000 Contingent - Contingent on event / Home to sell.
  • 010 Pending - Waiting to Close
  • 011 Sold **
  • * Price Change Facts: Average list price is running at 91% of original price. The average original price of $322,708 was reduced to $294,926 after 137 days on the market.

    ** Sold Property Facts: Average sales price was $224,946 which was 96% of the list price of $232,578 with an average of 143 days on the market.


    Week of February 08 - 14:

    1057 Total Listings
    1016 Active Listings

  • 114 New Listings
  • 001 Back on the Market
  • 015 Cancelled Listing
  • 020 Expired Listings - Did not sell.
  • 042 Active Foreclosures
  • 067 Price Reductions *
  • 000 Price Increases
  • 009 Option Contracts - Buyers committed but have the option to back out within a specified timeframe.
  • 003 Contingent - Contingent on event / Home to sell.
  • 010 Pending - Waiting to Close
  • 011 Sold **
  • * Price Reduction Facts: Average list price is running at 90% of original price. The average original price of $383,254 was reduced to $345,883 after an average 145 days on the market.

    ** Sold Property Facts: Average sales price was $190,709 which was 94% of the list price of $204,636 with an average of 88 days on the market.


    Week of February 01 - 07:

    1002 Active Listings

  • 118 New Listings
  • 011 Back on the Market
  • 018 Cancelled Listing - Decided not to sell.
  • 020 Expired Listings - Listings that did not sell.
  • 042 Active Foreclosures
  • 057 Price Reductions
  • 004 Price Increases
  • 007 Option Contracts - Buyers have the option to back out within a specified timeframe.
  • 000 Contingent - Contingent on event / Home to sell.
  • 023 Pending - Waiting to Close
  • 008 Sold

  • Week of January 25 - 31:

    992 Active Listings

  • 92 New Listings
  • 08 Back on the Market
  • 37 Cancelled Listing - Decided not to sell.
  • 07 Expired Listings - Listings that did not sell.
  • 45 Active Foreclosures
  • 45 Price Reductions
  • 09 Price Increases
  • 10 Option Contracts - Buyers have the option to back out within a specified timeframe.
  • 02 Contingent - Contingent on event / Home to sell.
  • 12 Pending - Waiting to Close
  • 11 Sold

  • Week of January 18 - 24:

    993 Active Listings

  • 99 New Listings
  • 09 Cancelled Listing - Seller decided not to sell.
  • 10 Expired Listings - Listings that did not sell.
  • 43 Price Reductions
  • 02 Price Increases
  • 08 Option Contracts - Buyers have the option to back out within a specified timeframe.
  • 03 Contingent - Contingent on event / Home to sell.
  • 11 Pending - Waiting to Close
  • 08 Sold

  • Week of January 11 - 17:

  • 60 New Listings
  • 00 Cancelled Listing
  • 13 Expired Listings
  • 05 Option Contracts
  • 01 Contingent
  • 14 Pending
  • 05 Sold

  • Week of January 04 - 10:

  • 74 New Listings
  • 01 Cancelled Listing
  • 17 Expired Listings
  • 08 Option Contracts
  • 13 Pending
  • 12 Sold

  • All information provided is deemed reliable but is not guaranteed and should be independently verified.

    "New Listings" data prior to 03/15/2009 may be incorrect.


    Connecting home buyers and sellers in Dallas, Fort Worth and surrounding Metroplex communities.

    RE/MAX Urban
    1001 Ross Avenue, Suite 114
    Dallas, Texas 75202
    (214) 563-1667 mobile
    (214) 853-9497 fax
    (214) 999-1181 office

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