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Dallas Real Estate – ATTOM Study Finds DFW A Hot Real Estate Market

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Recently, a study was released by ATTOM Data Solutions regarding the hottest residential real estate markets in the U.S. According to the findings of the report, Dallas-Fort Worth is still one of the most in-demand markets in the country for those looking to buy a home.

The Q2 2019 home sales report involved major metro areas with at lease one million residents that experienced the biggest percentage changes since the residential market began emerging from the 2008 recession in 2012. While many cities were above pre-recession peaks, some major metros went above 40%, making them the hottest markets in the country. The DFW metro came in third with median home prices for the second quarter 2019 coming in at 72% above pre-recession peaks.

Denver-Aurora-Lakewood, CO took the top spot at about 79% above the pre-recession peak, while Austin, TX came in second at 77% above. The DFW metro edged out Nashville, TN which experienced a 71% change from the pre-recession peak. Other major metros hitting above 40% included San Antonio, Houston, San Jose, Oklahoma City, Raleigh, NC and Grand Rapids, MI. If the data is any indication, it looks like Texas is the place to be!

The study, released on July 16, found that median prices overall were up 6.4% from one year ago with single-family homes in the U.S. selling for a median price of $266,000 in Q2 2019. In June the average price for a single-family home in North Texas was $277,000 according to the June report from North Texas Real Estate Information System, making prices 2% higher than over the same period in 2018.

Of the local markets analyzed by ATTOM, home prices were up in 89% of those markets nationwide when compared to one year ago.

This is great news for sellers, and those in the market for a home in North Texas should take action now! Hot markets mean fewer homes available; it’s a case of supply and demand, so give our Dallas real estate pros a call today.

What People Are Saying

  • Team Nelson was outstanding. They walked us through the entire process. I am a person who likes to ask a lot of questions. They were always there for us, ready to answer. They made the entire process as stress-free as possible. They were always professional, and a pleasure to work with. We will be...

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    Your Home Free LLC, - Team Nelson, is just a great group to work with! This is the 3rd home we have listed and sold with them. If we ever decide to sell our current home we will use them again! The incentive to buy your home through them and they sell yours for free, saves you thousands of...

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    Everyone we’ve dealt with at Team Nelson has absolutely gone above and beyond what we would have expected from any realtor. They helped us get our house sold quickly and painlessly for the price we wanted. When we didn’t move forward with the build we intended to and had ongoing issues with the builders even after the fact Bill and Tara have still been in close contact with us trying to make sure we’re still taken care of. They genuinely care about making sure their clients are happy. We appreciate everything they’ve done and would 100% recommend them to anyone.

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    Jamie Brunz
  • Tara was great to work with!! She found the exact house I was looking for in my budget. She is very responsive and knowledge about the real estate market. Will definitely use her again!

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    My husband and I were relocating to Colorado and were very unfamiliar with Denver. We're thrilled we got in touch with Zac because he made the process the easiest it could ever possibly be. We've purchased 2 homes in California before, and this was the easiest process. He was amazing with learning what we were looking for in a home, visiting the homes and sending us video walk-through tours while we were still out of town, and helped us find & close on the home of our dreams! Throughout the process, he was extremely responsive & easy to get ahold of, thoroughly answered all of our questions, and provided us great advice. The rest of his team that help with all the escrow and closing logistics were equally as helpful. On top of it all, they are just good, friendly people that are a pleasure to work with. I highly recommend them!!

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    Devon Gardner

    Andra and Bill Nelson, no relation-just coincidence, are an incredible real estate team! They are honest and extremely patient when guiding you during your home search. They asked questions that were not limited to typical home search questions such as “What do you want/What are you looking for” to understand our personalities and needs to help us find the home that would be best for our family. They took the time to show us homes throughout the DFW area no matter how far from their central location. Even when we were very excited for a particular home they talked to us about why the house would not be a good choice for us by telling us about some factors that we overlooked. This is one of many examples of their honesty and integrity. Other realtors would just begin paperwork on the first home a client said they loved so they could “move on” to another client as rapidly as they can. Andra and Bill Nelson from Your Home Free, will nurture you and find you a home you love.S & G Nelson

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    The Nelsons
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