Wednesday, November 19, 2008

DFW Market Statistics for October 2008 Year to Date

Nobody said that our market was golden right now. However, it is not as dire as the media portrays it. The latest research has come out from the North Texas Real Estate Information System that shows the statistics of our market year to date from October 2008. The number of sales for this year is down from last year but the average sales price in most areas of DFW has either gone up or stayed the same. For example, Frisco's average sales price is up 2% over last year and Coppell's average sales price is up 8%. Average days on market is generally 90 days or less with Coppell having one of the lowest average days on market of 54 days. Grapevine's average days on market is only 50 days. People are still selling and buying in the N. Texas area! Please look at the spreadsheet I've compiled below below for more detailed information.




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