Dallas TX New Construction Home Report? Here's the market update for August 2017
Sales in August 2017
August 2017 Dallas New Home Sales recorded 93 sales. The cheapest new home was sold for $139,000 and the most expensive new home was sold for $2,950,000.
Median new home prices in Dallas-Fort Worth have jumped to record levels of more than $350,000. A mid-priced new house will run you about $100,000 more than a preowned property — the biggest spreads ever between new and existing homes.
The price disparity has run many first-time buyers out of the new home market. Builders have concentrated on serving the more affluent "move-up" home sector. With floor plans ranging from about 1,800 to more than 2,800 square feet, the houses are much larger than a traditional apartment which makes them more affordable to the younger buyers
Sales year to date (YTD)
Overall, 738 new Dallas ISD homes have been sold so far this year (September 2017). Some of the subdivisions include:
The Heights at Oak Lawn
Villas of Lake Highland
Dallas New Construction Home Sales Details for August 2017
Dallas ISD New Homes Sales in Dallas Texas in August 2017 by subdivision, price, square footage and bedroom and bath count.
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Top Dallas TX New Home Builders selling homes from $330,000 to $1,649,000 are:
David Weekley Homes
PSW Real Estate
Larkspur Capital Partners LP
In Town Custom Builders
Ashton Woods Homes
K. Hovnanian® Homes
Are you a first time new construction home buyer in Dallas, TX? If so, make sure you take good note of the above market information. By taking into account these market statistics, buying your first new build home in Dallas TX will be much easier and less stressful! If you have not selected a top Dallas, TX Realtor to represent you in your home purchase, contact me, and I’d love the opportunity to interview for the opportunity to help find you your dream home!
If you are planning to relocate to Dallas TX area and are planning to explore areas like Deep Ellum, Expo Park, Downtown Dallas, Medical District, Oak Lawn, Old East Dallas, South Dallas – Fair Park, The Design District, Uptown, Plano TX, Frisco TX or Southlake TX, contact us. Our excellent Dallas Real Estate Services provided by top Dallas Real Estate Agents will make buying your first home much easier and will make your Dallas TX relocation less stressful! Check out our Dallas Relocation Resources at http://www.nitinguptadfw.com/dallas-relocation-real-estate-agent
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