The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1874-05-17
REAL ESTATE.
Operations Aggregate Over Half u
Million Dollars Since January
Last.
Tho Market Receives No Stimulus
from Speculation, and Is Based
upon No Fictitious Values,
Dallas Has Lost lis Balloon Character
md Is Building up Firmly and
10 Endure.

An examination OF the characterand
volume of transactions In real estate
in Dallas, for the past four months,
shows very gratifying condition Of
affairs. The operations are carried on
upon sound basis as to value, the
market manilesting few, compare
lively, speculative operations. Lit
tie improved property is sought or
offered, and very large part Of the I'M
improved property changing hands is
to be put under immediate improve
ment, The inquiry, and most
healthy one it Is, too, Is principally
confined to lots in the residence dis
tricts and the suburbs, andi Is altogether
governed Ivy the demands of n growing
population for homes for immediate
occupation. Within the past four
months no less than six hundred resi-
denceS have been constructed, and
ninG-tenths of tho number are occu-
pied by the owners. The market re-
ceivos no stimulus from speculation,
either in tho business or residence dis
tricts. The legitimate demand for
property for improvement is, there
fore, great enough to sustain the val
ues that confident Dallasians have
placed upon their real estate, and that
is, certainly, u showing Of which we
ought 70 be proud.
The want Of space precluding details
In transactions, n comparative state
mont of sales ana amounts negotiated
since January last, together with u
bare mention Of the number aud size
of business house completed within
that time and now in course of con-
struction, arc here noted for the pur-
pose of illustrating the tone and vol
ume OF operations.
The total number of sales of city
property made in January, were fifty
three sales, and the consideration
SS0, S53; Of property outside of the city
limits and within the county, thirteen
sales, at u consideration of $2G, 427.
The total in January, city and county,
siXty-siX sales; SllG,2S consideration.
The record for the month of Febru-
AIRY compares with the above us fol-
lows; Total city sales, TIVE nty-nine;
consideration, SGG,420; total county
sales, twenty seven; consideration,
$4,000; total sales in city and county,
iifty-six; consderatio II, Sl05,4l4 De-
iicit of total number of sales of the
city and county under previous
months, ten; and of total consid-
GRAFTON fOr same, Sl0,SG6. The opera.
tons for the month Of March are as fol-
lows: Total city sales, seventy-three;
consideration, S95,S45; total county
sales, nineteen; consideration, $50, i24,
total sales i'll city aud county, ninety
two; consideration $ll0,2G9. Excess
of total number Of sales in March over
previous month, thirty-six; and of
total consideration, $3.50. Excess over
sales in January, twenty-four; and
difference in consideration, S6,0ll.
The transactions in the month of
April are as follows: Total city sales,
eighty-seven; consideration, Sl43, DID, DID,;
total sales in county, sixteen; consider
alton, Sll ,997; total sales in city and
county, one hundred and three, and in
consideration, Sl55, 2l0. Excess of sales,
over March, eleven, and excess in con-
sideration, $il,95O. Excess over jan
uary. S3S,9S9.
Total city sales during the first four
months Of the year, two hundred anti
forty-two; consideration, S395,S4O; total
county sales, seventy-tive, considera-
ton, sol 49,; total city and county sales.
three hundred and seventeen; consid.
Grafton, St07, ls2. Average per month,
sales, seyenty-nne and quarter; con-.
sheraton, Sl2t,370.
Since January the following business
houses have been completed and are
now occupied: a double two-story brick.
on Main street, opposite Crutchiield
house; brick block, divided into nin,.
stores, on Main, between Jefferson and
Market streets; two-story brick block.
divided into eight stores and ground,
floor offices, on Market, between Elm
and Main streets; two-story brick Oh
Elm, near Market; two-story brick, ad-
dition to Conner d Walkers establish,
ment, on Austin street; two-story
brick on Main, between Austin and
Lamar streets; two-story brick, divided
into three stores, corner of Main and
Lamar streets; two single-story bricks
on Elm, between Lamar and Poydras;
streets; two-story brick on Elm, be-
tween Poydras street and college
building; two-story bricl, on Main, near
Market house; two-story brick on Elm,
at head of Poydras street.
The following business houses are in
course OF construction: Two-story brick. 4
'tcne-trimmed, on Elm, between Mar 1
Set and Austin streets; two-story brick
ID Elm. corner Of famar etr,.at, 49,.