The JUNE Numbers Are In And They Tell A Story

Dated: 07/07/2020

Views: 162

DFW is experiencing a market "revival" this June, with a 7% increase in showings this month compared to last. Armed with lower interest rates, the influx of buyers is faced with an even lower inventory of homes at only 2 months of inventory compared to 4 in April.

Let's get more local and see how Carrollton is doing this month...

Located in the heart of the Dallas-Fort Worth area, the City of Carrollton is a vibrant corporate and residential community spanning three counties: Dallas, Denton and Collin -- a location that is "about 20 minutes from everything" including shopping, restaurants, nightlife and proximity to other neighboring major US cities. Carrollton is home to over 9,000 businesses, often drawn to its convenient location and support of a diverse local economy. Its residents are drawn to it for its small town feel despite being a big city, sense of community, varied and well rated schools, abundant parks, safety ratings and a high quality of life.

With a population of 141,493, Carrollton's home ownership ratio is at 59% of which the majority is held by married households.

If you have a nostalgic yearning, or a desire for the modern functional home, here you can find homes built in the 1950s, others still being constructed today, and everything in between.

Catering to a diverse population in a variety of facets from age, to education, professions and culture, Carrollton is home to an equally varied offering of homes, from bedroom communities, to condo living and even tiny-homes have settled here. While not the cheapest home buying option, Carrollton still maintains competitive, yet tempered home prices, compared to some of its neighboring cities.

As such, the draw to this city continues its steady strong pace. This is a strong seller's market with only 1-2 months of inventory right now as buyers continue to flock to this established city within DFW, while homeowners are slow to move in current economic conditions.

 Carrollton Texas Market Update

If you would like to know the stats for your city or neighborhood, contact me back with your request, or call me at (214) 244-2421.

Sherien Joyner

REALTOR®, GRI, Certified New Construction Specialist

FATHOM Realty

GreaterDallasLiving.com

Sources: City of Carrollton, World Population Review, NTREIS

Blog author image

Sherien Joyner

When you need a guide on your real estate journey, Sherien Joyner is the right choice for you. With over sixteen years of experience as an executive in the advertising and marketing industry, Sherien ....

Latest Blog Posts

The AUGUST 2020 Numbers Are In And They Tell A Story

From a small retail and shipping point for farmers, to arguably the most popular suburb of Dallas, Frisco has ballooned from 618 to a population of 190,000 in a span of 170 years. Originally named

Read More

What is GREAT about Frisco, Texas?

What is GREAT about Frisco, Texas?Frisco, Texas is one of the fastest-growing cities in the nation, and for many, the very best place to live in Texas. It is home to the Dallas Cowboys Headquarters,

Read More

The JULY Numbers Are In And They Tell A Story

The Dallas-Ft. Worth real estate market is going strong; understanding the drivers in the market allows for re-calibration of the supply to its demand. Texas is still leading the nation in 

Read More

Good News in DFW - July 2020

The DFW metroplex is buzzing with activity every month. I collect news from all corners of our part of Texas that make it easy for you to stay informed on our market, brighten your day, and joyfully

Read More