Dallas Uptown Including Oaklawn And Turtle Creek Residential Home Sales For January 2017 Are Higher 1.5%

January 2017 Real Estate Market Summary for Dallas Uptown including Oaklawn and Turtle Creek, TX (MLS Area 17)
Month Year to Date
2017 2016 % Change 2017 2016 % Change
New Listings 168 179 6.5 168 179 6.5
Closed Sales (Reported) 66 67 1.5 66 67 1.5
Closed Sales (Projected) 66 75 14.1 66 75 14.1
Listings Under Contract 127 96 -24.4 127 96 -24.4
Average Sales Price $336,849 $389,596 15.7 $336,849 $389,596 15.7
Median Sales Price $292,500 $302,000 3.2 $292,500 $302,000 3.2
Percent of Original Price Received 96.2 95.4 -0.9 96.2 95.4 -0.9
Days on Market Until Sale 45 46 2.0 45 46 2.0
Inventory of Homes for Sale 267 337 26.2
Months Supply of Inventory 2.3 3.1 35.7

In January 2017 reported houses sold saw an improvement of 1.5% from last year, with 67 reported houses sold this month. In Dallas Uptown including Oaklawn and Turtle Creek there were 67 recorded houses sold year to date, which was a gain of 1.5% compared to 2016. This month projected residential property sales reached 75, an increase of 14.1%. In Dallas Uptown including Oaklawn and Turtle Creek the number of projected houses sold year to date reached 75, a growth of 14.1%. In January 2017 in Dallas Uptown including Oaklawn and Turtle Creek new houses underwent a climb of 6.5%, with 179 newly for sale total. Year to date there was a hike of 6.5% in new units. There were 179 new units total this year. This month housing units listed under contract underwent a dip of 24.4% in contrast to the same period last year, with 96 listed under contract total. The number of homes listed under contract year to date was 96 total, a slump of 24.4% from last year. There was an improvement of 35.7% in the number of months supply of residential property inventory this month. There were 3.1 months supply of residential property inventory total this month. This month in Dallas Uptown including Oaklawn and Turtle Creek houses for sale in the market saw a growth of 26.2%, with 337 houses for sale in the market this month. There was a growth of 2% in the number of days on market until sale in January 2017 from last year. There were 46 days on market until sale total this month. In January 2017 percent of asking price received in Dallas Uptown including Oaklawn and Turtle Creek saw a decline of 0.9%, with 95.4 percent total. Percent of original asking price received year to date was at 95.4, a drop of 0.9%.

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Dallas Uptown including Oaklawn and Turtle Creek Texas Real Estate January 2017

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