Welcome to your monthly "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 33% from one year earlier and down 22% from the previous month This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month... was just under 70-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 15% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was just under 50-thousand dollars. Overall, The number of units sold Decreased 15% year-over-year and held steady month-over-month Even though sales figures were down from a year ago, the current inventory of excellent listings remains strong. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 75217 (Dallas, TX)
Area Information for 75217 (Dallas, TX)
Community Character:High Percentage of Family Households, Low Residential Turnover
Population:77,774
Median Age:31.31 yr
Median Commute Time:29.91 mins
Educational Climate*:1
Recycling Likelihood**:89
Sales Tax:5%
Population Density:2,962/sq mi
Population Change Since 2000:11%
Closest Airport:Dallas Love Field
Closest College:Paul Quinn College
Closest Jr. College:Dallas Inst Of Funeral Serv
Median Household Income:$32,609
Annual Residential Turnover:14.33%
Median Years in Residence:3.75 yr
Median Home Sales Price:$65,000
Closest Major Sports Team:Dallas Mavericks / Dallas Stars
Change Avg. Household Income Since 2000:3%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for 75217 (Dallas, TX)
Median Age: 31.31Married: 34%Number of Households: 20,967Households with Children: 11,477
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)