Dallas Real Estate Market Update – Existing Home Sales – July 2010

There are a lot of numerous about Real Estate in all over the country. It is essential to hear from the good resources about Dallas Real Estate. According to Texas Real Estate Center Just over 21,717 existing single-family homes were sold in Texas last month, roughly the same as a year ago, according to MLS data compiled by the Real Estate Center at Texas A&M University.

The median price was down 1 percent to $153,300 during the same period, and the state finished the month with a 7.8-month inventory of existing homes.

Seems like existing Home Sales Unchanged in Texas Areas from last year however Dallas, Fort Worth and Collin County had very little changes.

Dallas Real Estate Market Update

Dallas Real Estate Market Update

When you look at Dallas homes 4,554 existing properties sold last month and Dallas sales have reduced 3 percent from last year. Dallas Homes Median Price was down 2 percent to $170,100 during the same period and Dallas finished the month a 6.8- month inventory of existing homes.

Collin County MLS Residential Housing Activity has been reduced when you compare to 2009 and Denton County statistics also showed the reduction of the existing home sales.

Fort Worth had 833 existing homes sold last month and Fort Worth sales have increased 5 percent from the last year. Fort Worth Homes median price was down 6 percent to $111,800 during the same period and Fort Worth finished the month a 6.9-month inventory of existing homes.  

Residential data includes single family homes, townhouses and condominiums; data is current as of July 26, 2010 by Real Estate Center.

You can easily see the Dallas Homes, Collin County Homes and Fort Worth Homes MLS Multiple Listing Service Residential Housing Activity comparisons at the following graphics in 2008, 2009 and 2010.

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