Katherine Mccullough, Listing Office: Ebby Halliday, REALTORS
Southwest Dallas Housing Market Report December 2024•Dallas County, Texas
Housing Prices in Southwest Dallas, TX
How much do homes in Southwest Dallas, TX cost?
Housing Market Conditions
Is Southwest Dallas, TX a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Southwest Dallas is a Seller's Market
Difference Since November 2024
Last month, Southwest Dallas has remained a Seller's Market.
Southwest Dallas is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in December 2024
Homes in Southwest Dallas have sold for 12.7% less than they did a month ago.
Summary: The median home sold price in Southwest Dallas was $349,376 in December 2024, down 12.7% from last month, and the median price per square foot was $169.
Median Sold Price By Bedrooms
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | - | - | N/A |
33 Bedrooms | $260K | $180K | -30.8% |
44 Bedrooms | $400K | $518.7K | +29.7% |
55+ Bedrooms | $594.8K | - | N/A |
Summary: Southwest Dallas housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -30.8%. The home price for 4 bedroom homes increased by +29.7%. The home price for 5 bedroom homes did not change.
Housing supply in Southwest Dallas, TX
How many homes are available in Southwest Dallas, TX?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
2,495Last MonthDec 2024 | ||
2,5022 months agoNov 2024 | -0.3 % Change MoMNov – Dec |
Summary: The Southwest Dallas real estate market had 2,495 homes for sale in Dec 2024, a 0.3 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
426Last MonthDec 2024 | ||
4462 months agoNov 2024 | -4.5 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 34 | 35 | +2.9% |
22 Bedrooms | 220 | 219 | -0.5% |
33 Bedrooms | 1,162 | 1,167 | 0.4% |
44 Bedrooms | 848 | 832 | -1.9% |
55+ Bedrooms | 238 | 242 | +1.7% |
Summary: Southwest Dallas housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +2.9%. The inventory for 2 bedroom homes decreased by -0.5%. The inventory for 3 bedroom homes decreased by 0.4%. The inventory for 4 bedroom homes decreased by -1.9%. The inventory for 5 bedroom homes increased by +1.7%.
Asking Price vs. Sold Price
How much do homes in Southwest Dallas, TX cost?
Over Asking Price2 Homes
At Asking Price0 Home
Under Asking Price0 Home
If you're buying a home in Southwest Dallas, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 426 homes were sold or pending in Southwest Dallas in December 2024, down by 4.5% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.
Days on Market for Southwest Dallas, TX
How long does it take to sell a home in Southwest Dallas, TX?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Many homes in Southwest Dallas are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 426 homes were sold in Southwest Dallas; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
71 DaysLast MonthDec 2024 | ||
108 Days1 month agoNov 2024 | -34.1 % Change MoMNov – Dec |
Summary: Homes in Southwest Dallas had an average listing age of 71 days in Dec 2024, down by 34.1% compared to the previous month.
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Newest Listings in Southwest Dallas, TX
What homes are available in Southwest Dallas, TX?
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MLS Disclaimers and Copyright
Based on information from North Texas Real Estate Information Systems Inc., San Antonio Board of REALTORS MLS, Houston REALTORS® Information Service, Central Texas MLS Inc, and Unlock MLS for the period 11/01/2024 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 1/29/2025, 3:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Properties subject to prior sale, change, withdrawal or rental. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 1/29/2025, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright© 2025 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 1/29/2025, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 1/29/2025, 3:15:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.
Listings courtesy of Unlock MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 1/29/2025, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.