2020 has been a crazy year! Right now the country is divided over who our next president will be, COVID is still running rampant, unemployment is still high, we are waiting for stimulus checks, and things like Trick-Or-Treating has been cancelled for millions of children. I don't think anyone claims 2020 is exactly the best year ever. Unless you sell homes for a living... then maybe it is the best year ever depending on how you look at it. This certainly is one of the best real estate markets ever! Thanks to unbelievably low interest rates, and super low housing inventory. Plus, people are flocking to Texas.
There is good news for all the Dallas Real Estate Agents in the DFW Metroplex, and homeowners out there. The Dallas Real Estate Market is breaking records again! This wouldn't be the first time that Dallas is leading the way in real estate. You wouldn't even know that an election is right around the corner if you look at the numbers that just came in for September. Not to mention that the holidays are fast approaching. All the stats indicate that the Dallas housing market continues to be one of the best in the nation with no signs of stopping!
This time of year the market in Dallas, and abroad starts to hit a brick wall. Top Real Estate Agents like myself all start to feel the market tightening right as the Autumn weather approaches. Homeowners tend to take their homes off the market for the holidays or they are just now starting to get their home ready for the busy Spring Season. Buyers like to take a break to spend more time with family activities, or get fed up with the low inventory this time of the year. Not to mention, a presidential always adds extra uncertainty. All the cards are stacked against us right now. However, the Metrotex Association Of REALTORS® states that median home sales prices in Dallas are up a whopping 16% from last year!
Also, the median home price in North Texas is up 10% from 2019 with an almost record breaking median sales price of $291,000. Collin County's median home price is sitting at $364,220. Dallas could very well see that number as well.
These are all amazing numbers! If Dallas increases the median sales price by a few more thousand then we will be at a record high price more then ever before!
Dallas Real Estate Agents sold more then 11,400 homes in September. That is a record high at 27% more than September of last year!
I love being one of the Best Real Estate Agents in Dallas! I get to work with amazing people. Every year my sales are better then the year before, and this year is no exception. I truly am so blessed. Call me for all your buying and selling needs.
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