Dallas Uptown including Oaklawn and Turtle Creek, Texas home sales decline 16% in December of this year

Cumulatively this year there have been 1,369 houses sold, which is a 4% rise relative to the same month last year. This month, there were 116 housing sales in Dallas Uptown including Oaklawn and Turtle Creek, which is a 16% decrease from the previous month.

This month, the number of new housing listings in Dallas Uptown including Oaklawn and Turtle Creek grew 12%, with 91 properties listed this December. So far this year, home sales went up 2% compared to the same period last year, with 1,369 houses sold during 2015. There were 78 listings under contract in December 2015, which is a 7% increase from last month. Cumulatively this year, current listings under contract have reached 1,438 in all, which is a 5% rise compared to the same month last year. So far this year, home sales rose 9% relative to the same period last year, the average price for a house being $391,593. The average home sales price in Dallas Uptown including Oaklawn and Turtle Creek gained 21% .

Percentage of asking price received cumulatively this year grew 1% compared to the same period last year, with buyers receiving 97% of their listed price. Buyers sold their houses for 97% of their list price in December of this year, which is a 0% upturn from the previous month. Year-to-date, the number of days on market until sale was approximately 38 days, which is a 31% fall relative to the same month last year. The days on market until sale in Dallas Uptown including Oaklawn and Turtle Creek fell 25% during December, at 37 days on market until sale. The market supply of homes was 242 houses. The market inventory of available homes in Dallas Uptown including Oaklawn and Turtle Creek fell 10% this month. This December there was a 2.0 month supply of homes. The month supply of homes in Dallas Uptown including Oaklawn and Turtle Creek decreased 14%.

MLS Area is the Multiple Listing Service Access number for Dallas Uptown including Oaklawn and Turtle Creek, as designated by the North Texas Real Estate Information System. DFW is composed of 13 counties and two major metropolitan regions – Dallas-Plano-Irving and Fort Worth – in an area of over 9,000 square miles. The Dallas Fort-Worth 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. The Gross Metropolitan Product of The DFW area is sixth largest in the United States and approximately tenth largest in the world.

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Dallas Uptown including Oaklawn and Turtle Creek Texas Real Estate December 2015

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