http://www.cbdallas.com/default.cfm/page/blog/blogid/1e374643-3b49-4983-a5c09f2fff99db0e/categoryname/home sales/title/Our Blog.htm Fortunately for the clients of Coldwell Banker Apex, we have been experienced a rise in closed sales since last year. However, that has not been the case most months for the DFW real estate market in general. <br /><br />The closed sales reports for the month of July are now out and we are glad to report a rise in several categories. The highest jump comes in the category of closed sales for townhomes and condos with a 36% increase. The most watch category of single family preowned sales had a healthy rise of 18%. <br /><br />The indications that we had more buyers in the market purchasing homes in July is encouraging news for all of us who live in the DFW&nbsp;and surrounding areas. What about sales prices? Did they rise too? Prices did not fair as well as the # of closed sales taking a drop in the month of July.&nbsp; Single family preowned home sales prices declined by 4% while condo/townhome prices dropped by 9%. <br /><br />One thing to remember about the slight decline in closed sales price for July is that the numbers include both owner occupant homes as well as foreclosure and other distressed sales. Each property must be viewed in light of the sales in that particular area. Another healthy sign in the DFW real estate market is the great days on market. In July the average home that sold was only on the market for 84 days. <br /><br />We all know that owning residential real estate is much more than just the financial aspect of the price going up or down slightly in a month. We buy a lifestyle when we purchase our homes. The lifestyle for our families to enjoy and make memories that last a life time. http://www.cbdallas.com/default.cfm/page/blog/cat/entrydisplay/entryid/dae82a2c-4ba3-4a37-bedca0f86c50a2c0.htm Sun, 21 Aug 2011 03:22:01 -0600