Blog > Sale Prices in Dallas

In each market we enter, we must strictly follow the local MLS (multiple listing service) rules governing the display of certain housing data.  In Dallas, local MLS rules do not permit us – or any other broker – to display the final "sold" prices for properties.  Therefore, any "Recent Sales" information that is displayed on Sawbuck is not based on actual final sold prices, but rather on the final "list" price of the property(s).

When you view a specific "Recent Sale" on Sawbuck, you will be able to see the date on which it sold and its final list price (along with the listing history, which shows the initial date it listed and any list price changes prior to selling), but not the actual sold price.  Also, all market statistics for Dallas which relate to recent sales are similarly driven by final list prices and not actual sold prices.  So, for example, when a median sales price is noted for a particular zip code in the Dallas area, it is based on the final list price of sold properties.

Despite the fact that it is not based on actual sold prices, we think the "Recent Sales" data for Dallas which we display on Sawbuck is still very useful and relevant to consumers who want to educate themselves about the real estate market.  Several data points, such as Total Sales and Days on Market, are particularly valuable.