The Dallas housing market continues to be red-hot. Here is a snapshot video of the Dallas housing stats. As a local 5 star rated lender, my team and I can help you in a competitive bid situation.

The median home sales price has increased to $266,000 which is an 11.3% increase over the same month last year. The Dallas housing market produced 9059 home sales which is a 1.39% increase over the same period last year.

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Dallas Stats June 2017 Clear to watch the video

Dallas Stats June 2017 Click to watch the video

The median number of days on the market in the Dallas area is now 23 days. That’s down 4.17% from last year. Given the fact that most Dallas housing sales take roughly 30 days to close when there is a mortgage, 23 days implies many homes are selling for cash.

The Dallas housing market currently has 1.9 months supply of available. That’s down 5% from last year. That means that if you wish to buy a house you need to be able to move and work with a realtor that has their finger on the pulse of daily listings.

The good news is that 11,846 listings went on the market in June 2017, that is up 14.05% the median price per square foot in the Dallas housing market is now hundred and $23 per square foot which is up 9.82%.

Given these incredible statistics of the Dallas housing market it’s very wise to have a great team in place to assist you in your home purchase. Whenever your buyers agent realtor and your loan officer work closely together that dramatically increases your chances of making a winning bid in a competitive market. It will also make your buying experience much more pleasurable.

I can assist my clients and winning bids in a competitive housing market. Because I have been in the area for over 17 years I know a lot of the realtors. When my clients make an offer I will call the listing agent and explain to them how well-qualified my buyers are.

Start your home buying process today by calling 214-945-1066 were applying online here.

My team and I provide a broad range of very competitive mortgage programs from down payment assistance to luxury home buying programs all the while delivering concierge service. Here is a list of some of the available programs offer.