The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1874-05-23
REAL ESTATE.
Operations Aggregate over Half q
Million Dollars Since January
Last.
The Market Receives No stimulus
from Speculation, and Is Based
upon No Fictitious Values.
Dallas Has Lost Its Balloon Character
and Is Building up Firmly and
10 Endure.

volume OF transactions III Teai estat'
in Dallas, for the past four months
shows very gratifying condition o
affairs. The operations are carried OF
upon sound basis as to value, the
market manifesting few, compara
lively, speculative operations. Lit
tie improved property is sought OF
offered, and a very large part ofthe un.
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, andis altogether
governed ty 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
nine-tenths of the number are Occu-
pied by the owners. The market re-
ceives no stimulus from speculation,
either In the 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, showing of which we
ought to be proud.
The want of space precluding details
in transactions, a comparative state
ment of sales and amounts negotiated
since January last, together with a
bare mention of the number and size
of business house completed within
that time and now in course of con-
struction, are 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
$50, ,S53; of property outside of the city
limits and within the county, thirteen
sales, at consideration of S2G, 427.
The total in January, city and county,
sixty-six sales; $ll6,2SO consideration.
The record for the month of Febru-
ary compares with the above as fol-
lows: Total city sales, TIVE nty-nine;
consideration, $66, ,42O; total county
sales, twenty-seven consideration,
S3s, ,994; total sales in city and county,
fifty-six; consideratio n, $lC5, Ala. De
ficit of total number of sales of the
city and county under previous
months, ten; and of total consid-
Grafton for same, $l0,S66. The opera
tions for the month of March are as fol-
lows: Total city sales, seventy-three; !;
consideration, S95,S45; total county
sales, nineteen; consideration, Sl5, ,424 ;
total sales in city and county, ninety
two; consideration $11O,260. Excess
of total number of sales in March over
previous month, thirty-six; and of
total consideration, S4,S55. Excess over
sales in January, twenty-four; and
difference in consideration, S6,Ol1.
The transactions in the month OF
April are as follows: Total city sales,
eighty-seven; consideration, Sl4S, 222;
total sales in county, sixteen; consider
alton, Sll 1897; total sales in city and
county, one hundred and three, and in
consideration, Sl55,2l9. Excess of sales
over March, eleven, and excess in con-
sideration, S44,950. Excess over jan
uary, $3S,939.
Total city sales during the first foul
months of the year, two hundred ano
forty-two; consideration, 1895, $40; tota
county sales, seventy-five, considera
ton, sol ,s52; total city and county sales
three hundred and seventeen; consid
Grafton, Sl97, lS2. Average per month
sales, seventy-nlne and a quarter; con
sideratlon, Sl24,370.
Since January the following business
houses have been completed, and are
now occupied: A double two-story bricl
on Main street, opposite Crutchfield
house; brick block, divided into nin'
stores, Oh Main, between Jefferson an'
Market streets; two-story brick block
divided into eight stores and grount
floor offices, on Market, between Elm
and Main streets; two-story brick oi
Elm, near Market; two-story brick, ad
dition to Connor & Walkers establish
ment, OH Austin street; two-stor.
brick OH Main, between Austin ant
Lamar streets; two-story brick, divide'
into three stores, corner of Main AM
Lamar streets; two single-story brick
on Elm, between Lamar and Poydra
, streets; two-story brick on Elm, be
tween Poydras street and colleg
building; two-story brick on Main, nea
Market house; two-story brick on Elm
: at head of Poydras street.
, The following business houses are il
course of fconstruction: Two-story brick
stone-trimmed, on Elm, between MAJ
ket and Austin streets; two-story bT ic
on Elm, corner OF Lamar street; two
story frame, corner Of Market and Elm
two two-story brick on Elm, betwee
4, Poydras street and college building; tw
= two-story brick on Main street, adloir
ing the Southern hotel; two-stoTy CAL
|. crete on Market EsFeet, bstween Nal
i. and Oommerce double two-story BRIG
: on Main, corner efIamar San 9acint
. hotel, three-story brick, corner Of Az
tin and Commerce stFeets
Eprry characteristic of the pro
v perity of our city has direct bearin
y upon real estate, and it is profitless
: place the real estate business upon an
. other basis than that Of the materi