There is a wide range of homes for sale in the northwest Dallas suburbs of Southlake, Colleyville, Flower Mound, Keller, west Plano, southwest Frisco, Coppell, Highland Village, Grapevine, Argyle, Westlake and Trophy Club. Executive and luxury homes built on golf course and lake front lots, elegant gated estates, horse properties with acreage, as well as fine homes in well-established suburban and semi-rural neighborhoods are all available.
As an area, these northwest Dallas suburbs experienced a 17.8 percent annual drop in the number of previously occupied, single family homes sold during June. During June last year, 524 such homes were sold. This year, sales of 484 homes have been reported. On average, about 2,915 previously occupied homes were listed for sale, up 4.7 percent from a year ago. It would require 6.0 months to sell this number of homes if they sold at the rate home sale transactions closed during June. Recent sale prices of pre-owned homes in this area have ranged from $65,000 to $2.228 million. Additional information about residential real estate market conditions in the northwest Dallas suburbs is available by clicking on this local residential real estate market conditions link.
Some new homes continue to be built in this area. Prices generally are ranging from about $300,000 to over $6 million. If you are interested in buying a newly constructed house, whether it is an inventory home that is ready to be occupied or a custom home that you have designed and built from the ground up, I can help you find the right home builder. Because I make it my business to know the discounts at which newly constructed houses actually are selling, I frequently also can help negotiate a price that is significantly less than homebuyers can negotiate by themselves.
To conduct your own search through all homes currently listed for sale, both in the northwest Dallas suburbs and throughout the Dallas / Fort Worth MLS area, click on this Search MLS link.
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Market Conditions Summary
June 2010 |
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Homes sold |
484 |
-7.6% |
 |
Homes for sale |
2,915 |
4.7% |
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Home values appreciation |
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0.0% |
 |
Months supply of homes for sale |
6.0 |
13.4% |
 |
Average days on market |
65 |
-5.3% |
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Median sale price |
$320,000 |
6.7% |
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Note: Not all houses offered for sale are listed on MLS. Information provided above is for properties listed on the MLS only. Projected sale prices used when actual sale prices of properties have been withheld.
Source: North Texas Real Estate Information Systems Inc. / previously occupied single family homes
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