Real Estate Market Report for the Lochwood Neighborhood of East Dallas, TX

Updated as of 6/30/2014 (end of 2nd Quarter).  All 2014 YTD figures are current through 6/30/2014.

DISCLAIMER: All data provided by NTREIS.  Information deemed reliable but not 100% accurate.

Lochwood has a very dynamic real estate market which has changed dramatically over the last few years.

Summary and highlights from the Lochwood real estate market:

  • The average sales price of single family homes in Lochwood for the 1st and 2nd quarter of 2014 was $252,239, which was a $25,707 (11.34%) increase over the 2013 average of $226,532.
  • The average sales price per square foot of single family homes in Lochwood for the 1st and 2nd quarter of 2014 was $132.36, which was a $14.02 (11.85%) increase over the 2013 average of $118.34.
  • The average days on market for single family homes in Lochwood for the 1st and 2nd quarter of 2014 was 34 days, which was a decrease of 12 days from the 2013 total of 46 days.  This is also the lowest average days on market for Lochwood for the last eight years
  • There were a total of 56 closings reported through NTREIS (MLS) for the 1st and 2nd quarters of 2014, which was a slight decrease from the 67 closings reported for the 1st and 2nd quarter of 2013.

 

Year # Closed Avg Orig List Price Avg Final List Price Avg Final List Price Sq/Ft Avg Sales Price Avg Sales Price Sq/Ft Avg Sq/Ft Avg Days On Market Avg Yr Built Avg Acres
2006 78 $192,446 $188,969 $102.96 $186,104 $101.71 1871 55 1961 0.20
2007 75 $200,071 $196,049 $107.97 $190,853 $105.30 1831 48 1961 0.21
2008 86 $200,089 $192,177 $110.06 $187,488 $107.55 1738 63 1960 0.21
2009 92 $223,614 $217,593 $119.98 $211,740 $116.61 1834 52 1961 0.20
2010 49 $215,523 $207,192 $113.26 $201,637 $110.54 1829 63 1962 0.20
2011 71 $217,293 $203,958 $109.00 $194,347 $103.90 1892 123 1961 0.22
2012 82 $208,699 $197,669 $110.35 $192,999 $107.75 1804 106 1960 0.21
2013 131 $237,166 $231,841 $120.81 $226,532 $118.34 1929 46 1962 0.22
2014 YTD 56 $261,958 $257,847 $135.28 $252,239 $132.36 1925 34 1962 0.21
All Years 720 $217,550 $210,614 $114.44 $205,194 $111.60 1853 65 1961 0.21

Lochwood Average List Price versus Average Sales Price:

Lochwood Change in Average Sales Price from Previous Year (Single Family Homes Only):

Lochwood Percentage Change in Average Sales Price from Previous Year (Single Family Homes Only):

Lochwood Average List Price versus Average Sales Price per Square Foot:

Lochwood Change in Average Sales Price Compared to Previous Year:

Lochwood Percentage Change in Average Sales Price Compared to Previous Year:

Lochwood Low / Average / High Sales Prices per Year:

Lochwood Closings Per Year by Quarter:

Lochwood Average Days on Market:

Return to Lochwood Neighborhood Information Page

 

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