Having just posted the poll, I thought I would take a quick look at our own local market here in the Dallas area.
Here is the North Texas Real Estate Information System (NTREIS) MLS report for single-family home sales in August:
If you look at the % Change from Year Ago column, you'll see that the market is flat or down slightly at almost every price point below $250k. Above $250k is another story, with the market above $600k showing great relative strength, with every segment except one up over 20%.
Here's what is looks like graphically:
It is interesting to note the "soft spot" in the $900,000-$999,999 price segment. As you can see in the data, the $800,000-$899,999 segment below it is the strongest segment of the market with YOY gains of 48% and the $1M+ segment above it ties for second place with gains of 25%.
Looking at this and the number of sales in these price segments, this would be something to strongly consider, especially when pricing properties that fall close to either end of this segment...
