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Real Estate Market Update for Dallas, TX
Welcome to January's Market Update. Lets take a look at residential real-estate activity in your area during the month of December. The number of active listings was down 6% from one year earlier, and down 25% 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 430-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 11%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 300-thousand dollars. The number of units sold increased 6% year-over-year, and increased 2% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. 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: 1,305,302
  • Median Age: 33.94 yr
  • Median Commute Time: 26 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 3,839/sq mi
  • Population Change Since 2000: 9.76%
  • Closest Airport: Dallas Love Field
  • Closest College: Dallas Theological Seminary
  • Closest Jr. College: Wade College-dallas Marketing Center
  • Median Household Income: $46,891
  • Annual Residential Turnover: 18%
  • Median Home Sales Price: $250,875
  • Closest Major Sports Team: Dallas Mavericks
  • Change Avg. Household Income Since 2000: 31.19%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Dallas, TX
Median Age: 33.94 Married: 30% Number of Households: 506,315 Households with Children: 144,282
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 Parent Rating
      North Dallas High School 1.2 mi Public 9-12 1 3
      Dallas Christian Academy 1.3 mi Private PRESCHOOL-12 0 0
      Highland Park High School 1.7 mi Public 9-12 5 4
      Dallas Can Academy Charter 2.3 mi Public 9-12 0 3
      Booker T. Washing High For The Performing And Visual Arts 2.3 mi Public 9-12 5 4
      Pegasus Charter High School 2.7 mi Public K-12 1 0
      First Baptist Academy Of Dallas 2.8 mi Private PRESCHOOL-12 0 0
      Dr Wright L Lassiter Jr Early College High School 3.0 mi Public 9-12 5 4
      Lakehill Preparatory School 3.5 mi Private K-12 0 0
      Woodrow Wilson High School 3.7 mi Public 9-12 4 4
      Lakewood Elementary School 3.9 mi Public K-5 5 5
      L G Pinkston High School 3.9 mi Public 9-12 1 3
      Our Redeemer Lutheran School - Dallas 4.0 mi Private PRESCHOOL-6 0 4
      Ursuline Academy Of Dallas 4.0 mi Catholic 9-12 0 4
      Hillcrest High School 4.4 mi Public 9-12 2 3
      James Madison High School 4.4 mi Public 9-12 1 4
      Thomas Jefferson High School 4.5 mi Public 9-12 1 3
      Irma Lerma Rangel Young Women's Leadership School 4.5 mi Public 6-12 5 4
      Irma Rangel Young Womens Leadershi 4.5 mi Public 6-12 5 3
      The Cambridge School Of Dallas 4.6 mi Private 6-12 0 0
      St Mark's School Of Texas 4.7 mi Private 1-12 0 0
      The Episcopal School Of - Dallas 4.8 mi Private 1-12 0 0
      School For The Talented And Gifted 4.9 mi Public 9-12 5 4
      School Of Health Professions 4.9 mi Public 9-12 5 3
      Judge Barefoot Sanders Law Magnet 4.9 mi Public 9-12 5 4
      Rosie Sorrells Education And Socia 4.9 mi Public 9-12 5 4
      School Of Science And Engineering 4.9 mi Public 9-12 5 4
      School Of Business And Management 4.9 mi Public 9-12 5 4
      Hector P Garcia Middle School 5.0 mi Public 6-8 1 3
      Emmett J Conrad High School 5.0 mi Public 9-12 1 3
      George Bannerman Dealey Internatio 5.1 mi Public PRESCHOOL-8 5 0
      W High Adamson High School 5.2 mi Public 9-12 1 3
      Tyler Sreet Christian Academy School 5.5 mi Private PRESCHOOL-12 0 0
      Franklin D Roosevelt High School 5.6 mi Public 9-12 1 3
      Lincoln Humanities/communications 5.7 mi Public 9-12 1 4
      Dallas Can Academy Charter-oak Cli 5.7 mi Public 9-12 1 4
      Sunset High School 5.8 mi Public 9-12 2 3
      The Lamplighter School 5.9 mi Private PRESCHOOL-4 0 0
      Dallas Academy 6.0 mi Private 1-12 0 0
      The Hockaday School 6.0 mi Private PRESCHOOL-12 0 0
      W E Greiner Exploratory Arts Acade 6.1 mi Public 6-8 3 4
      Dallas Lutheran School 6.4 mi Private 7-12 0 4
      Lake Highlands High School 6.5 mi Public 10-12 3 3
      Jesuit College Prep School 6.5 mi Catholic 9-12 0 4
      W T White High School 6.5 mi Public 9-12 2 3
      Dallas International School 6.5 mi Private PRESCHOOL-12 0 0
      George Peabody Elementary School 6.6 mi Public PRESCHOOL-5 2 4
      Ewell D Walker Middle School 6.7 mi Public 6-8 1 5
      Yavneh Academy Of Dallas 6.8 mi Private 9-12 0 0
      Mesorah High School For Girls 7.1 mi Private 9-12 0 0
      Harold Wendell Lang Sr Middle School 7.3 mi Public 6-8 0 4
      The Covenant School - Dallas 7.4 mi Private K-12 0 0
      Early College High School 7.5 mi Public 9-12 5 4
      Bryan Adams High School 7.5 mi Public 9-12 2 3
      Bishop Lynch High School 7.5 mi Catholic 9-12 0 4
      Skyline High School 7.6 mi Public 9-12 2 4
      Golden Rule Charter School 7.7 mi Public PRESCHOOL-8 2 0
      Casa View Elementary School 7.9 mi Public PRESCHOOL-5 3 4
      Parish Episcopal School 7.9 mi Private PRESCHOOL-12 0 0
      Richland Collegiate High School Of Math Sci 8.1 mi Public 11-12 0 3
      John Leslie Patton Jr Academic Center 8.2 mi Public 9-12 0 4
      Barbara Jordan Elementary School 8.3 mi Public PRESCHOOL-5 1 5
      John B Hood Middle School 8.3 mi Public 6-8 0 3
      South Oak Cliff High School 8.4 mi Public 9-12 1 3
      The Westwood School - High School Campus 8.6 mi Private 9-12 0 0
      Field Middle School 8.7 mi Public 6-8 1 3
      Harmony Science Academy - Dallas 8.7 mi Public 9-12 3 0
      Moises E Molina High School 8.9 mi Public 9-12 1 3
      Trinidad Trini Garza Early College High School 8.9 mi Public 9-12 5 4
      Harry Stone Montessori Academy Middle School 9.0 mi Public 6-8 5 4
      Bishop Dunne Catholic High School 9.0 mi Catholic 6-12 0 4
      Life School Oak Cliff 9.1 mi Public K-6 1 0
      Barack Obama Male Leadership Academy Middle School 9.2 mi Public 6-8 5 4
      Barack Obama Male Leadership Academy High School 9.2 mi Public 6-12 5 4
      A Maceo Smith New Tech High School 9.3 mi Public 9-12 3 3
      Inspired Vision Academy Middle 9.4 mi Public 7-12 1 4
      Justin F Kimball High School 9.4 mi Public 9-12 1 3
      Dallas Can Academy At Carrollton-f 9.5 mi Public 9-12 0 0
      Inspired Vision Academy El 9.6 mi Public PRESCHOOL-6 2 4
      W W Samuell High School 9.8 mi Public 9-12 2 3
      Shelton School 9.8 mi Private PRESCHOOL-12 0 0
      William Hawley Atwell Law Academy 10.3 mi Public 6-8 0 4
      New Beginning Christian Academy 10.3 mi Private 9-12 0 0
      Parkhill J High School 10.5 mi Public 7-8 4 0
      Aw Brow - Intermediate Campus 10.9 mi Public PRESCHOOL-8 1 4
      Kathlyn Joy Gilliam Collegiate Academy 11.1 mi Public 9-12 5 4
      Dallas Can Academy At Pleasant Gro 11.3 mi Public 9-12 0 4
      Fellowship Christian Academy 11.3 mi Private PRESCHOOL-8 0 0
      Ume Preparatory Academy - Dallas 11.7 mi Public K-8 4 0
      Birdie Alexander Elementary School 11.7 mi Public PRESCHOOL-5 1 5
      H Grady Spruce High School 12.0 mi Public 9-12 1 3
      Texas Torah Institute 12.1 mi Private 9-12 0 0
      Wilmer-hutchins Elementary School 12.3 mi Public K-5 0 3
      David W Carter High School 12.3 mi Public 9-12 1 4
      Wilmer-hutchins High School 12.4 mi Public 9-12 1 4
      Harmony School Of Business - Dallas 12.5 mi Public K-11 3 4
      Long Middle School 12.6 mi Public 6-8 1 0
      Winfree Academy Charter School Den 12.9 mi Public 9-12 0 0
      A+ Academy 13.3 mi Public PRESCHOOL-12 1 0
      Seagoville High School 16.6 mi Public 9-12 1 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: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Dallas, TX
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.