Dallas North Oak Cliff Texas Real Estate Sales down 3% in November 2011

Dallas North Oak Cliff Texas Real Estate Sales were down 3% in November 2011 over the same month last year with 69 homes selling this month! For the year to date, overall home sales were at 828 homes sold, a -11% change from last year. Dallas North Oak Cliff Texas Real Estate total dollar volume of homes sold this month was $7,891,737 which is a 40% change from this month last year. For the 2011 year to date, the total dollar sales were at $87,076,620, which is a -4% change.

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New Dallas North Oak Cliff Texas Real Estate listings experienced a -6% change for the same period last year with 99 homes listed this month. For the year to date, overall home listings underwent a -20% change with 1348 homes listed this year. Listings pending sales this month underwent a -14% change, with 61 homes contracted. Listings under contract for the year to date experienced a -13% change, with 800 homes under contract for this month.

The average sales price of Dallas North Oak Cliff Texas Real Estate was $114,373, a 44% change from this month last year. Overall, for the year, the average sales price was $105,165 , a 8% change. Sellers received 94% of their asking price this month, which is a -3% change from last year. For the year to date, sellers received 95% of their asking price, which is a -1% change. This month, homes spent an average of 86 days on the market until sold, which was a 30% change from last year. For the year to date, the average number of days on the market was 72, an overall change of 7%.

The current supply of active listings on the market this month was 383 homes. This is a change of -18% from the same month last year. For the year to date, the supply of active listings on the market was 419, which is a -13% change. This month there was a 5. months’ supply of homes on the market; this was a -8% change from last year. For the year to date, there was a 5.5 months’ supply of homes on the market, which is a -2% change from the same period last year. The average price per square foot was $73 this month; a 43% change from last year. For the year to date, the average price per square foot was $69, a change of 6%

Dallas North Oak Cliff Real Estate sales is known as Multiple Listing Service (MLS) area 14 in the North Texas Real Estate Information System. Information is believed reliable but is only as accurate as reported by the system in the month of November 2011. DFW Team Realty provides month reports on Dallas North Oak Cliff Real Estate Sales as well as Dallas North Oak Cliff Foreclosures, Dallas North Oak Cliff Short Sales, and Homes in Dallas North Oak Cliff. Please visit our website at DFWTeamRealty.com for the latest information on Dallas North Oak Cliff homes by price range and community. Search Dallas North Oak Cliff Real Estate at Homes in DFW

Dallas North Oak Cliff Texas Real Estate Report

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