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

dallas real estate

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

  • Excellent realtor team! Kind, professional and knowledgeable! When we had doubts or questions, they would always respond in a timely manner and be extra-ordinarily helpful. Highly recommend this team!Peter and Susanne Russell

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    PETER RUSSELL
    8/11/2019

    We enjoyed working with Team Nelson. Bill helped us with our new house plans, gave us advice and always answered my calls. Kelly Sokora guided us through the selling offers, and Casey was there for us for anything we needed. Saving 3% on our end didn't hurt either! Experience matters!

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    luanalyn
    6/11/2019

    The Nelson Team was GREAT !!!! They sold our house in less than 24 hours. The first offer did not work as the buyer chose a different house but the second offer was even better. It saved us over $2000. We are loving our new house.

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    user1375608
    6/11/2015
  • Best ever! We've bought three homes with the Nelsons and have loved all three experiences (and homes.) Couldn't possibly give them a higher recommendation.

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    jaimie scott
    12/11/2018

    Bill's team was able to sell my house in 4 days (cash offer) and they were able to secure an amazing new home for my Family. Kelly was amazing helping with all the required paperwork and the repairs. Casey was always available for us to view homes and get us inside the residence. I was impressed...

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    jsasman5
    3/20/2017

    My wife and I could not have been more impressed with Johnny's dedication and responsiveness to working our way through 75 listings of homes. He was there when needed and asked. His motivation and effort put forth was outstanding! Lloyd and Mary

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    mickey1954 mm
    11/06/2019
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