Real Estate Market Update for Dallas, TX

Video: Real Estate Community Tour for Dallas, TX

See Real estate community tour for Dallas, TX The Dallas-Fort Worth area is home to over six million people, and is one of the fastest growing places in the country! From the downtown hustle and bustle of Hyde Park in the Lake Highlands to the family-friendly suburbs of Frisco and Nesbitt Park, Dallas-Fort Worth has something for everyone. Shopping and dining options, such as those offered at the upscale Highland Park Village, abound. Dallas-Fort Worth also has a thriving arts and culture scene. Myerson Symphony Hall is home to the renowned Dallas Symphony Orchestra, and the nearby Dallas Museum of Art features a collection of more than 23,000 pieces. Sports lovers can join the areas passionate fans in cheering for the NFL Cowboys, NBA Mavericks, NHL Stars, and MLB Texas Rangers. With three major airports, multiple bus lines, and Amtrak service, Dallas-Fort Worth is one of the nations most accessible areas. The area also includes numerous educational opportunities, including six private 4-year universities, and 17 private colleges. Tour the many attractive homes available throughout the Dallas-Fort Worth area on century21.com
Welcome to July's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was down 22% from one year earlier, and up 9% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 390-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. The median sale price was 280-thousand dollars. The number of units sold increased 4% year-over-year, and decreased 4% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. 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.
The Dallas-Fort Worth area is home to over six million people, and is one of the fastest growing places in the country! From the downtown hustle and bustle of Hyde Park in the Lake Highlands to the family-friendly suburbs of Frisco and Nesbitt Park, Dallas-Fort Worth has something for everyone. Shopping and dining options, such as those offered at the upscale Highland Park Village, abound. Dallas-Fort Worth also has a thriving arts and culture scene. Myerson Symphony Hall is home to the renowned Dallas Symphony Orchestra, and the nearby Dallas Museum of Art features a collection of more than 23,000 pieces. Sports lovers can join the areas passionate fans in cheering for the NFL Cowboys, NBA Mavericks, NHL Stars, and MLB Texas Rangers. With three major airports, multiple bus lines, and Amtrak service, Dallas-Fort Worth is one of the nations most accessible areas. The area also includes numerous educational opportunities, including six private 4-year universities, and 17 private colleges. Tour the many attractive homes available throughout the Dallas-Fort Worth area on century21.com
Show Transcript
Map Information for Dallas, TX
Area Information for Dallas, TX
  • Population: 1,234,621
  • Median Age: 31.62 yr
  • Median Commute Time: 22.9 mins
  • Educational Climate*: 3
  • Sales Tax: 8.25%
  • Population Density: 3,626/sq mi
  • Population Change Since 2000: 3.94%
  • Closest Airport: Dallas Love Field
  • Closest College: Criswell College
  • Closest Jr. College: El Centro College
  • Median Household Income: $42,657
  • Annual Residential Turnover: 20.92%
  • Median Years in Residence: 2.82 yr
  • Median Home Sales Price: $178,000
  • Closest Major Sports Team: Dallas Stars
  • Change Avg. Household Income Since 2000: 12%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Dallas, TX
Median Age: 31.62 Married: 23% Number of Households: 475,530 Households with Children: 159,373
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Dallas, TX

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Holy Trinity Catholic School 0.7 mi Catholic PRESCHOOL-8 0 5
      Bradfield Elementary School 0.9 mi Public K-4 5 5
      Dallas Christian Academy 1.3 mi Private PRESCHOOL-12 0 4
      Armstrong Elementary School 1.4 mi Public K-4 5 5
      Highland Park High School 1.7 mi Public 9-12 4-5 5
      Highland Park Presbyterian Day School 1.7 mi Private PRESCHOOL-1 0 5
      The Hillier School 1.7 mi Private 1-8 0 5
      Mcculloch Intermediate School 1.7 mi Public 5-6 5 4
      Highland Park Middle School 1.7 mi Public 5-8 5 5
      Notre Dame School 2.1 mi Catholic UNGRADE-UNGRADE 0 5
      Providence Christian School Of Texas 2.1 mi Private PRESCHOOL-8 0 5
      University Park Elementary School 2.3 mi Public K-4 5 5
      Booker T. Washing High For The Performing And Visual Arts 2.3 mi Public 9-12 4-5 4
      Hyer Elementary School 2.6 mi Public K-4 5 5
      Stonewall Jackson Elementary School 2.8 mi Public K-5 5 5
      Dr Wright L Lassiter Jr Early Coll 3.0 mi Public 9-12 4-5 4
      Lakewood Montessori School 3.3 mi Private PRESCHOOL-6 0 5
      Lorenzo De Zavala Elementary School 3.4 mi Public PRESCHOOL-5 1 5
      Oak Hill Academy 3.5 mi Private K-12 0 4
      West Dallas Community School 3.5 mi Private PRESCHOOL-8 0 5
      Zion Lutheran School 3.5 mi Private PRESCHOOL-8 0 4
      L G Pinkston High School 3.9 mi Public 9-12 1 4
      Dallas Environmental Science Acade 4.0 mi Public 6-8 5 4
      Our Redeemer Lutheran School 4.0 mi Private PRESCHOOL-6 0 5
      Preston Hollow Elementary School 4.1 mi Public PRESCHOOL-5 3-5 5
      Preston Hollow Presbyterian School 4.1 mi Private PRESCHOOL-6 0 5
      Sidney Lanier Expressive Arts Vang 4.2 mi Public PRESCHOOL-5 3-5 4
      Lindsley Park Community School 4.3 mi Public PRESCHOOL-3 1 4
      St. Monica School 4.3 mi Catholic PRESCHOOL-8 0 5
      Irma Rangel Young Womens Leadershi 4.5 mi Public 6-8 5 5
      The Cambridge School Of Dallas 4.6 mi Private 6-12 0 5
      James S Hogg Elementary School 4.6 mi Public PRESCHOOL-5 2 5
      The Kessler School 4.6 mi Private PRESCHOOL-6 0 5
      St Mark's School Of Texas 4.7 mi Private 1-12 0 5
      Episcopal School Of Dallas Pk-1 4.9 mi Private 1-12 0 4
      School Of Business And Management 4.9 mi Public 9-12 4-5 4
      School For The Talented And Gifted 4.9 mi Public 9-12 5 4
      School Of Science And Engineering 4.9 mi Public 9-12 5 4
      School Of Health Professions 4.9 mi Public 9-12 4-5 4
      The Winston School 5.0 mi Private 1-12 0 4
      George Bannerman Dealey Internatio 5.1 mi Public PRESCHOOL-8 5 4
      George Bannerman Dealey Montessori 5.1 mi Public PRESCHOOL-8 4-5 4
      Rosemont Primary School-chris V Semos 5.4 mi Public PRESCHOOL-2 0 5
      J Erik Jonsson Community School 5.4 mi Private PRESCHOOL-5 0 5
      Tyler Street Christian Academy 5.5 mi Private PRESCHOOL-12 0 4
      Grace Academy Of Dallas 5.5 mi Private PRESCHOOL-6 0 5
      Merriman Park Elementary School 5.5 mi Public K-6 4 5
      Good Shepherd Episcopal School 5.6 mi Private PRESCHOOL-8 0 4
      The Lamplighter School 5.9 mi Private PRESCHOOL-4 0 4
      The Hockaday School 5.9 mi Private PRESCHOOL-12 0 5
      Harry C Withers Elementary School 5.9 mi Public PRESCHOOL-5 4 4
      White Rock Elementary School 6.1 mi Public K-6 5 5
      Victor High Hexter Elementary School 6.1 mi Public PRESCHOOL-5 4-5 4
      St Bernard Of Clairvaux School 6.1 mi Catholic PRESCHOOL-8 0 4
      St. James Episcopal School 6.1 mi Private PRESCHOOL-8 0 4
      Moss Haven Elementary School 6.4 mi Public K-6 4-5 5
      Dallas Lutheran School 6.4 mi Private 7-12 0 4
      Jesuit College Prep School 6.5 mi Catholic 9-12 0 5
      Stults Road Elementary School 6.5 mi Public PRESCHOOL-6 2-5 4
      Akiba Academy Of Dallas 6.8 mi Private PRESCHOOL-8 0 5
      Nathan Adams Elementary School 6.9 mi Public PRESCHOOL-5 3-5 4
      Calvary Lutheran School 7.0 mi Private PRESCHOOL-8 0 5
      Lake Highlands Elementary School 7.0 mi Public PRESCHOOL-6 4 4
      Margaret B Henderson Elementary School 7.1 mi Public PRESCHOOL-5 2 5
      The Highlander Carden School 7.3 mi Private PRESCHOOL-6 0 5
      J P Starks Elementary School 7.3 mi Public PRESCHOOL-5 2 4
      Thurgood Marshall Elementary School 7.4 mi Public PRESCHOOL-6 1 5
      Bishop Lynch High School 7.5 mi Catholic 9-12 0 4
      Holy Trinity Academy 7.7 mi Private PRESCHOOL-K 0 5
      Stark Elementary School 7.7 mi Public PRESCHOOL-5 4-5 4
      Kiest Park Christian Academy 7.7 mi Private PRESCHOOL-1 0 5
      John Neely Bryan Elementary School 7.8 mi Public PRESCHOOL-5 0 4
      The Parish Episcopal School Pk 7.9 mi Private PRESCHOOL-12 0 5
      Jimmie Tyler Brashear Elementary School 8.0 mi Public PRESCHOOL-5 3-5 5
      Aikin Elementary School 8.1 mi Public PRESCHOOL-6 2-5 4
      St Philip The Apostle Catholic School 8.4 mi Catholic PRESCHOOL-8 0 4
      Vista Academy Of Dallas 8.5 mi Public K-6 1 5
      Field Middle School 8.7 mi Public 6-8 2-5 4
      Harmony Science Academy - Dallas 8.7 mi Public K-12 3 5
      Northwood Hills Elementary School 8.8 mi Public K-6 4 5
      Clara Oliver Elementary School 8.8 mi Public PRESCHOOL-5 1 5
      Harry Stone Montessori Academy (es 9.0 mi Public PRESCHOOL-8 3-5 4
      Harry Stone Montessori Academy 9.0 mi Public PRESCHOOL-8 4-5 4
      Bishop Dunne Catholic School 9.0 mi Catholic 6-12 0 4
      Forestridge Elementary School 9.1 mi Public PRESCHOOL-6 3 4
      Lobias Murray Christian Academy 9.1 mi Private K-12 0 4
      Barack Obama Male Leadership Aca At Bf Darrell Middle School 9.1 mi Public 6-12 5 5
      Spring Creek Elementary School 9.4 mi Public K-6 4-5 4
      Prestonwood Elementary School 9.5 mi Public K-6 3-5 5
      Shelton School 9.8 mi Private PRESCHOOL-12 0 5
      Westwood Math Science Leadership M 9.8 mi Public 7-8 3-5 4
      Bowie Elementary School 10.4 mi Public K-6 5 5
      Brentfield Elementary School 10.6 mi Public K-6 5 5
      Newman Park Christian Academy 11.0 mi Private 4-11 0 0
      St Augustine Catholic School 11.0 mi Catholic PRESCHOOL-8 0 4
      Kathlyn Joy Gilliam Collegiate Academy 11.1 mi Public 9-12 4-5 4
      Mitchell Elementary School 11.9 mi Public K-5 4 4
      All Saints' Catholic School - Dallas 12.1 mi Catholic PRESCHOOL-8 0 5
      Montessori School Of North Dall 12.4 mi Private - 0 4
      Iboc Christian Academy 12.7 mi Private PRESCHOOL-6 0 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for Dallas, TX
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.