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September 10, 2007

Garland, TX Market Update for July 2007

Here are the latest real estate market statistics for Garland, TX area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 37.9%*

Average June 2007 July 2007 % Change
Asking Price $135,516 $129,836 -4.2%
Sales Price $131,944 $126,235 -4.3%
% of Asking Price 97% 97% 0.0%
$/SQFT $72 $72 0.0%
Days on Market 67 73 9.0%
Total Transactions 252 223 -11.5%

Search for homes in Garland, TX and read a neighborhood overview of the Garland, TX area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 8/7/2007: 1,611 properties on the market with 610 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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