A large interactive map posted on the Dallas Morning News web site this morning shows a huge swatch of varying shades of red throughout the city. Pre-owned home sales for the second quarter of 2011 have dropped some 12 percent. One noticeable exception indicated by a patch of deep green in the center is Oak Lawn, which logged at six percent increase. The biggest drop-35 percent-was in Euless. The price differential between Oak Lawn and Euless is much smaller, however. Prices in Oak Lawn dropped two percent compared to four percent in Euless.
See the interactive map
It should noted that the total sale in Oaklawn in the 2nd quarter is 37. A simple calculation indicates that the sale from the same period of the last year is 35. This is not statistically significant as the difference is small and some transaction may take longer etc.
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