Dallas Proper

Dallas Proper

Find The Right Corner Of Dallas Proper

Inside the city limits the market stops behaving like a metro and starts behaving like a collection of small, distinct places that happen to share a zip code prefix. Highland Park and Oak Cliff sit fifteen minutes apart and operate on entirely different price structures, architectural stock, and school district lines. That variation is the whole reason buyers who know these neighborhoods do well here and buyers who search by city name alone tend to overpay.

Dallas Proper

Find your corner of the map.

Market Snapshot

The Dallas Proper Housing Market

The four interactive charts below pull live from NTREIS, the same MLS data agents use. Texas is a non-disclosure state, which means most national sites are estimating what these homes actually sold for. These are not estimates. Hover any chart to see the numbers month by month, going back several years.

Median Sales Price

What Homes Actually Sold For

What buyers actually paid, not what sellers hoped to get. Median finds the exact middle of the range, so one outlier sale cannot distort the picture. Sellers: a rising median signals real demand. Buyers: the gap between list and sale price tells you who holds the leverage. The chart below tracks it month by month.

Chart: Median sales price in Dallas Proper, tracked monthly. Source: NTREIS MLS.
Days On Market

How Fast Homes Are Moving

How long a home sits before going under contract. Under thirty days means multiple offers are common. Over sixty means buyers are selective. Sellers: this sets expectations before you list. Buyers: it tells you whether to decide fast or take your time. The chart below shows the trend.

Chart: Median days on market in Dallas Proper, tracked monthly. Source: NTREIS MLS.
Shows To Pending

How Many Buyers Walked Through

Showings before a home went under contract, and almost nobody publishes it. Sellers: this is the early warning system. If the area averages eight showings and yours has had fifteen with no offer, the problem is price or presentation. Buyers: a high number means you can be selective. See the chart below.

Chart: Median showings before a home goes pending in Dallas Proper, tracked monthly. Source: NTREIS MLS.
Percent Of Original Price

Who Is Winning The Negotiation

Final sale price against the original list price, before any reductions. The most honest number here, because it catches the price cuts days on market hides. Sellers: the argument for pricing right the first time. Buyers: how much room your offer actually has. The chart below tracks it.

Chart: Percent of original list price received in Dallas Proper, tracked monthly. Source: NTREIS MLS.

All four charts update automatically from NTREIS as new sales close. Questions about what any of this means for your situation? Call 214-228-0003.

Bobby Franklin, REALTOR® · Legacy Realty Group – Leslie Majors Team · northtexasmarketinsider.com

Bobby Franklin Realtor®

Bobby Franklin

Realtor®

Serving DFW | Ellis County
16 Northgate Dr. Ste 100

Waxahachie, TX 75165

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