Sunday, October 4, 2015

Dallas, TX (Champ) vs. Houston, TX (Challenger) - Who Wins in Housing?

(Click on either image to enlarge)

Answer - Houston, TX (bottom table/graphic)

Statistically speaking, the median house in Houston costs $221,550, as compared to $326,500 in Dallas, TX.

Also, ASP/SF* for Houston is $108, offering significantly better purchasing power than its counterpart at $170 (other factors remaining equal).

ASP/SF* = Median (Time) Adjusted Sale Price / Median Bldg Area. 

Note - the spatial charts below the tables depict the percentile distribution of County Market Value to Adjusted Sale Price (a.k.a. Sales Ratio). 

This analysis is extracted from Homequant's Town Analyst site. Try out your Town/Neighborhood. Also, find out if your Town is fairly assessed. 

It is absolutely free and requires no registration whatsoever...

1 comment:

  1. I trust that you keep on doing your work like this later on too.