Dallas and Fort Worth Home Prices and Sales Down

Dallas and Fort Worth home prices Market Report July 2018. This information looks to indicate that the housing market is somewhat slowing, or rather, returning to normal pace.  The Dallas market still continues to be a very attractive place in order to purchase your next home. Continued economic growth will keep housing demand strong for several years to come.

With less buyer competition it may be the perfect time for you to buy your first home. With over 20 years of experience helping people buy or refinance their homes, I would be happy to provide you options that fits your budget. Home ownership is the greatest creator of wealth in the United States. Don’t miss this opportunity. Call us today at 214-945-1066 or complete an online application here.

North Texas Real Estate Information System (NTREIS)  reports median single-family home price down -2.1% in Jul-18 over Jun-18, sales fall to 8,925.  

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Jul-18 Quick Facts:

    • The median price of existing single-family homes decreased to $257,000 down -2.1% vs Jun-18.
    • Existing single-family home sales decreased -3.5% from Jun-18 for a Jul-18 total of 8,925 sold units.
    • Condos decreased in price to $198,500 down -5.5% vs Jun-18.
    • Existing condo sales decreased -8.6% in Jul-18 over Jun-18 for a total of 564 sold units.June 2018 North Texas real estate information regional sales price

Single-family median home prices July 2017 versus July 2018

The number of sold properties by month July 2017 versus July 2018

Condo = Townhouse/Condo
Reports generated from Clarus MarketMetrics®

Contact your real estate professional for additional local market trends in your neighborhood. Reports were generated from Clarus MarketMetrics®. Clarus MarketMetrics® is available as a member benefit to those members who belong to NTREIS MLS. Visit your mls site for registration information.

NTREIS is a real estate information and technology solutions provider serving the real estate community in a coverage area exceeding 48,000 square miles in North Texas, including the Dallas-Fort Worth Metropolitan Area. NTREIS provides information management services to more than 22,000 MLS subscribers of its 15 Shareholder REALTOR® Associations, including more than 5,000 real estate offices. More information is available at http://www.ntreis.net/
Source: Keller Williams Housing Trends Enewsletter

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Licensed by the Texas Department of Savings and Mortgage Lending (SML) Mortgage Banker Registration. Service First Mortgage is an Equal Housing Lender. This is not an offer of credit or commitment to lend. Loans are subject to buyer and property qualification. Rates and fees are subject to change without notice. The views expressed on this site are those of the individual author and do not necessarily reflect the positions, strategies or opinions of Service First Mortgage or its affiliates.