Dallas White Rock, Texas Home Values report for November 2014

This month, Dallas White Rock housing sales fell 11%, with 190 homes sold during November. So far this year, homes sold went down 9% compared to the same period last year, with 2,804 houses sold.

New listings cumulatively this year decreased 3% compared to the same period last year, with 2,804 properties sold. In November of this year, 222 new homes were listed in Dallas White Rock, which is a 14% decline from the previous month. Year-to-date there have been 2,756 listed homes under contract overall, which is a 3% fall from last year. This month, there were 233 homes currently listed in Dallas White Rock, which is a 21% surge from a month ago. The average sales price was about $311,950 year-to-date, which is a 10% gain relative to the same period last year. The average price for a house in Dallas White Rock grew 11%, with $303,848 being the average price for a house.

The number of percent of asking price received in Dallas White Rock grew 0%, with buyers receiving 95.7%of their asking price. Buyers sold their houses for 96.0% of their listed price cumulatively this year, which is a 1% surge relative to the same period last year. Number of days on market until sale year-to-date dipped 12% relative to the same month last year, at 42 number of days on market until sale. The number of days on market until sale in Dallas White Rock grew 7%, at 52 days on market until sale. This month there was a 2.1 month supply of houses on the market, which is a 9% decrease from last month.

Dallas White Rock real estate information, known as MLS Area 12:, is reported by area in the North Texas Real Estate Information System. The information in this report is believed reliable, but is only as accurate as reported by the system in the month of November 2014.

The DFW area is also known as the Dallas Fort Worth Metropolitan Statistical Area, a title designated by the U.S. Census Bureau, which encompasses 12 counties within the state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth. It is comprised of over 70 cities, both incorporated and unincorporated. The DFW Metroplex is, by population, the largest metropolitan area in Texas, the largest in the South, the fourth-largest in the United States, and the tenth-largest in the Americas. The DFW Metroplex encompasses over 9,000 square miles of total area, making it larger in area than the states of Rhode Island and Connecticut, combined. It also has the sixth- largest gross metropolitan product (GMP) in the United States, and is approximately tenth-largest by GMP in the world.

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Dallas White  Rock Texas Real Estate November 2014

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