Dallas Uptown including Oaklawn and Turtle Creek, Texas home sales decline 15% January, 2016

So far this year, housing sales are at 73, which is a 15% decrease from last year. Home sales in Dallas Uptown including Oaklawn and Turtle Creek fell 15% this month, with 73 homes sold.

This January, 167 new properties were listed in Dallas Uptown including Oaklawn and Turtle Creek, a 25% increase from a month ago. So far this year there, have been 167 new houses listed in all. New homes listed year-to-date rose 25% relative to the same month last year. In total for this year, homes sold rose 5% compared to the same period last year, with 124 homes sold this year. Listed homes under contract this month in Dallas Uptown including Oaklawn and Turtle Creek grew 5%, with 124 houses currently listed under contract this month. The average price for a house in Dallas Uptown including Oaklawn and Turtle Creek dipped 23% this month . So far this year, home sales decreased 23% relative to the same month last year, with the average price for a house at $338,517.

The percentage of original list prices received in Dallas Uptown including Oaklawn and Turtle Creek gained 0% this January, with buyers receiving 96% of their asking price. Percentage of original list prices received cumulatively this year gained 1% relative to the same period last year, with buyers receiving 96% of their asking price. So far this year, houses spent an average of 47 days in the market until sold, which is a 21% fall from last year. During January, houses spent an average of 47 days in the market until sold, which is a 21% fall from last month. The market supply of homes in Dallas Uptown including Oaklawn and Turtle Creek rose 4%, with 256 being the market inventory of available homes. This month there was a 2.2 month supply of available homes on the market. The month supply of homes in Dallas Uptown including Oaklawn and Turtle Creek climbed 2%.

Dallas Uptown including Oaklawn and Turtle Creek is one of many areas analyzed by the North Texas Real Estate Information System. The MLS Area for Dallas Uptown including Oaklawn and Turtle Creek is 17. The Dallas Fort-Worth metroplex is composed of 13 counties and two major metropolitan regions – Dallas-Plano-Irving and Fort Worth – in an area of over 9,000 quare miles. The DFW area is the most populous metropolitan area in Texas and in the South. It ranks fourth in the United States and tenth in the Americas. It is sixth largest by Gross Metropolitan Product in the United States, and is approximately tenth largest by GMP in the world.

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Dallas Uptown including Oaklawn and Turtle Creek Texas Real Estate January 2016

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