Real Estate Market Update for Dallas, TX
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was up 37% from one year earlier, and up 9% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was 420-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 6%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 290-thousand dollars. The number of units sold decreased 9% year-over-year, and increased 18% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. 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.
Show Transcript

Map Information for Dallas, TX

Area Information for Dallas, TX
  • Population: 1,321,065
  • Median Age: 35.37 yr
  • Median Commute Time: 26 mins
  • Educational Climate*: 3
  • Sales Tax: 0%
  • Population Density: 3,890/sq mi
  • Population Change Since 2000: 11.36%
  • Closest Airport: Dallas Love Field
  • Closest College: Dallas Theological Seminary
  • Closest Jr. College: Wade College-dallas Marketing Center
  • Median Household Income: $54,954
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $341,990
  • Closest Major Sports Team: Dallas Stars
  • Change Avg. Household Income Since 2000: 54.24%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Dallas, TX
Median Age: 35.37 Married: 31% Number of Households: 515,051 Households with Children: 138,726
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 School Rating
      Armstrong Elementary School 0.9 mi Public K-4 5
      Bradfield Elementary School 0.9 mi Public PRESCHOOL-4 5
      Sam Houston Elementary School 1.2 mi Public PRESCHOOL-5 3
      Solar Preparatory School For Girls At Bonham 1.3 mi Public PRESCHOOL-7 5
      Highland Park Middle School 1.4 mi Public 5-8 5
      Highland Park High School 1.6 mi Public 9-12 5
      Solar Preparatory School For Boys 1.9 mi Public PRESCHOOL-3 4
      Montessori Academy At Onesimo Hernandez Elementary School 2.0 mi Public PRESCHOOL-4 3
      Henry W Longfellow Career Explorat 2.0 mi Public 6-8 5
      University Park Elementary School 2.0 mi Public K-4 5
      Robert E Lee Elementary School 2.1 mi Public PRESCHOOL-5 3
      Stonewall Jackson Elementary School 2.2 mi Public K-5 5
      Booker T. Washing High For The Performing And Visual Arts 2.3 mi Public 9-12 5
      Uplift Summit International Preparatory School 2.4 mi Public 9-12 3
      Hyer Elementary School 2.4 mi Public K-4 5
      Ignacio Zaragoza Elementary School 2.7 mi Public PRESCHOOL-5 3
      Sudie L Williams Talented And Gifted Academy 2.8 mi Public 4-8 5
      Obadiah Knight Elementary School 3.0 mi Public PRESCHOOL-5 3
      Michael M Boone Elementary School 3.0 mi Public K-4 5
      Dr Wright L Lassiter Jr Early College High School 3.1 mi Public 9-12 5
      Lakewood Elementary School 3.3 mi Public K-5 5
      Dan D Rogers Elementary School 3.5 mi Public PRESCHOOL-5 4
      Preston Hollow Elementary School 3.9 mi Public PRESCHOOL-5 3
      Jack Lowe Sr Elementary School 4.1 mi Public PRESCHOOL-5 4
      Irma Lerma Rangel Young Women's Leadership School 4.3 mi Public 6-12 5
      Eduardo Mata Elementary School 4.3 mi Public PRESCHOOL-8 3
      Sidney Lanier Expressive Arts Vang 4.5 mi Public PRESCHOOL-8 3
      St Anthony Academy 4.9 mi Public K-5 3
      George Bannerman Dealey Montessori 4.9 mi Public PRESCHOOL-8 5
      Dallas Environmental Science Acade 5.0 mi Public 6-8 5
      Rosie Sorrells Education And Socia 5.0 mi Public 9-12 4
      School Of Business And Management 5.0 mi Public 9-12 5
      School Of Health Professions 5.0 mi Public 9-12 5
      Judge Barefoot Sanders Law Magnet 5.0 mi Public 9-12 5
      School For The Talented And Gifted 5.0 mi Public 9-12 5
      School Of Science And Engineering 5.0 mi Public 9-12 5
      Merriman Park Elementary School 5.2 mi Public K-6 4
      Arthur Kramer Elementary School 5.4 mi Public PRESCHOOL-5 4
      Felix G Botello Elementary School 5.5 mi Public PRESCHOOL-5 3
      Victor High Hexter Elementary School 5.6 mi Public PRESCHOOL-5 4
      White Rock Elementary School 5.6 mi Public K-6 5
      Rosemont Middle 5.7 mi Public 6-8 4
      Moss Haven Elementary School 6.0 mi Public K-6 5
      Harry C Withers Elementary School 6.0 mi Public PRESCHOOL-5 4
      Louise Wolff Kahn Elementary School 6.1 mi Public PRESCHOOL-6 3
      F P Caillet Elementary School 6.2 mi Public PRESCHOOL-5 3
      Trinity Heights Gifted And Talented School 6.3 mi Public 1-7 4
      W E Greiner Exploratory Arts Acade 6.3 mi Public 6-8 3
      Northlake Elementary School 6.4 mi Public PRESCHOOL-6 3
      Forest Meadow Junior High 6.4 mi Public 7-8 3
      Lake Highlands Elementary School 6.5 mi Public PRESCHOOL-6 4
      Everette Lee Degolyer Elementary School 6.5 mi Public PRESCHOOL-5 4
      Lida Hooe Elementary School 6.7 mi Public PRESCHOOL-5 3
      Lake Highlands Junior High School 6.7 mi Public 7-8 4
      Winnetka Elementary School 6.7 mi Public PRESCHOOL-5 4
      Urban Park Elementary School 6.8 mi Public PRESCHOOL-3 3
      Wallace Elementary School 6.9 mi Public PRESCHOOL-6 3
      Hamilton Park Pacesetter Magnet 6.9 mi Public PRESCHOOL-6 3
      Nathan Adams Elementary School 6.9 mi Public PRESCHOOL-5 3
      Martha Turner Reilly Elementary School 6.9 mi Public PRESCHOOL-5 4
      Tom C Gooch Elementary School 7.0 mi Public PRESCHOOL-5 4
      J P Starks Elementary School 7.2 mi Public PRESCHOOL-8 4
      Margaret B Henderson Elementary School 7.4 mi Public PRESCHOOL-5 3
      Arturo Salazar Elementary School 7.4 mi Public PRESCHOOL-5 3
      Early College High School 7.5 mi Public 9-12 4
      Walnut Hill Elementary School 7.9 mi Public PRESCHOOL-7 3
      Golden Rule Southwest 8.0 mi Public PRESCHOOL-5 3
      Golden Rule Desoto 8.0 mi Public PRESCHOOL-6 3
      Golden Rule 8.0 mi Public PRESCHOOL-3 5
      Golden Rule Charter School 8.0 mi Public PRESCHOOL-8 3
      Thelma Elizabeth Page Richardson Elementary 8.1 mi Public PRESCHOOL-5 3
      Jimmie Tyler Brashear Elementary School 8.3 mi Public PRESCHOOL-5 3
      Henry B Gonzalez Personalized Learning Academy 8.3 mi Public PRESCHOOL-5 4
      Anne Frank Elementary School 8.5 mi Public PRESCHOOL-5 3
      Northwood Hills Elementary School 8.6 mi Public K-6 3
      Harry Stone Montessori Academy Elementary 9.0 mi Public PRESCHOOL-8 4
      Mary Mcleod Bethune Elementary School 9.2 mi Public PRESCHOOL-5 3
      A Maceo Smith New Tech High School 9.2 mi Public 9-12 4
      Spring Creek Elementary School 9.2 mi Public PRESCHOOL-6 5
      Barack Obama Male Leadership Academy High School 9.3 mi Public 6-12 4
      Trinidad Trini Garza Early College High School 9.4 mi Public 9-12 5
      Prestonwood Elementary School 9.4 mi Public K-6 4
      C A Tatum Jr Elementary School 9.4 mi Public K-5 3
      Westwood Junior High School For Math Science And Leadership 9.6 mi Public 7-8 4
      Mark Twain School For The Talented And Gifted 9.8 mi Public 1-5 3
      School For The Talented And Gifted In Pleasant Grove 9.9 mi Public 4-8 5
      Thomas L Marsalis Elementary School 10.1 mi Public PRESCHOOL-5 3
      Bowie Elementary School 10.2 mi Public PRESCHOOL-6 5
      Pleasant Grove Elementary School 10.3 mi Public PRESCHOOL-5 3
      Parkhill J High School 10.3 mi Public 7-8 4
      Brentfield Elementary School 10.5 mi Public K-6 5
      Kathlyn Joy Gilliam Collegiate Academy 11.2 mi Public 9-12 4
      Rose Haggar Elementary School 11.8 mi Public PRESCHOOL-5 3
      Mitchell Elementary School 11.8 mi Public PRESCHOOL-5 4
      Frankford Middle School 11.9 mi Public 6-8 3
      Ume Preparatory Academy - Dallas 12.0 mi Public K-12 4
      Clay Academy 12.2 mi Public PRESCHOOL-8 3
      Harmony School Of Business - Dallas 12.3 mi Public K-11 3
      Nancy Moseley Elementary School 13.1 mi Public PRESCHOOL-5 3
      Dr Linda Henrie Elementary School 15.8 mi Public PRESCHOOL-5 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.
      Local Weather for Dallas, TX
        Data powered by Attom Data Solutions. Copyright© 2022. Information 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.
        CHOOSE YOUR LANGUAGE