Our marketing team at Dave Perry-Miller Real Estate has just released it’s first monthly market update for the month of May. This high-level overview is taken from the North Texas Real Estate Information Systems (NTREIS) and compares market conditions between May 2017 to May 2016.
May 2017 Highlights (provided by Dave Perry-Miller):
1.) The overall Dallas market continues to meet rising expectations as homes sold faster and for far more money than the previous year – despite an increase in new listings and available homes.
2.) Home prices continued to climb in the vast majority of price ranges across the city, excluding some of the properties in the high-end luxury market.
3.) A consistent and strong market is predicted for the remainder of 2017, even as we enter the slower summer months of the selling season.
See full market update here.
We will share this great information monthly to keep you up to date on month to month comparisons, so stay tuned!