Watch this video for an insider report on the Lakewood/East Dallas Real Estate Market for November 2016!
Hi, I’m Alan Smith the Owner/Broker of Alan Smith Realtors providing you a “hassle free” real estate experience through written guarantees.
I’m bringing you the November 2016 Market Insider report for The Lakewood/East Dallas area.
This is a vibrant area that incorporates some of Dallas’ most popular and prestigious in-town neighborhoods like the Belmont Addition. If you are not familiar with this area I would be glad to show you why I believe Lakewood/East Dallas is one of the best areas in Dallas to live.
The current market information I’m providing is for single family resale homes and is based on data from the North Texas Real Estate Information Systems which is our local MLS. This data shows a 2.3 month supply of single family homes for November. With 6 months indicating a balanced market we are still in a strong seller’s market. There were 356 single family homes for sale in November. We are currently averaging about 41 days on market. With the Days on Market low and the tight home inventory our average sales price continues to be driven up. In the Lakewood/East Dallas area our average sales price is up to $468,449. Be sure and Continue to the end of the video for a slide with all the market stats for Lakewood/East Dallas!
So if you are thinking of buying or selling and would like immediate help navigating this dynamic market call me at 214-347-9023.
Or maybe you are just getting started then go to AlanSmithRealtors.com If you are a buyer click the buyer tab to get Instant Access to All the Homes for sale just like a Realtor. And if you are a seller click the seller tab to get Instant Access to All the homes that sold in your neighborhood just like a Realtor.
See you next month, And remember at Alan Smith Realtors we don’t just promise you excellent service we guarantee it in writing!