Dallas Home Prices Continue To Climb

Dallas Home Prices Continue To Climb

This past August, DFW homebuyers saw some of the biggest price increases in the country. According to the Standard & Poor’s/Case-Shiller Home Price Index, Dallas-area prices were 8% higher than in August 2015, whereas the national increase for the same period was 5.5%. In the first 10 months of 2016, median prices of homes sold by real estate agents had risen by 10%.  

The Case-Shiller survey tracks pre-owned typical single-family homes, but not condos, townhouses, or new construction. A more inclusive comparison by Zillow.com shows even larger price gains in the area, reporting a 12.3% increase from October 2015 to October 2016. In the price report, Zillow analysts point out that “Portland, Dallas, and Seattle reported the highest year-over-year home value appreciation among the 35 largest metros across the country for the third month in a row.”

What does this mean for buyers? The time to buy is NOW! Maybe you’re waiting to make a move until you get that promotion, your child leaves for college, or you save up a little more cash for a down payment. However, home prices are expected to continue climbing in the coming months, with no signs of slowing down. A home that's within your budget now may not be affordable this time next year. 

Thinking about making a move? For all of your #DFWRealEstate needs, contact me at Rogers@RogersHealy.com.

To read the Dallas Morning News article by Steve Brown, click here.

Rogers Healy Headshot
Phone: 000-000-0000
Dated: November 29th 2016
Views: 424
About Rogers: Rogers Healy, a native Texan, has lived in Dallas for the majority of his life. Before moving to Dal...

Property Search

RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

When Listing Your Home Neatness Counts - Neatness Counts!IF you’ve heard
Are QUARTZ Countertops Better Than Granite Marble Or Laminate - Today, more luxury built homes, or
The Catch You Shouldnt Fall For - With the growth of online tools,
145 Common Buyers Agent Responsibilities - 145 Common Buyer Agent

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Rogers Healy and Associates
3001 Knox Street #210
Dallas, TX