Dallas has maintained position as one of the top new-home markets in the nation since the start of the Great Recession. The second quarter was an even stronger one for the Dallas-Fort Worth market—the first quarter in which new lot deliveries exceeded the pace of starts since early 2008. Characteristically tight lot supply and high demand has driven up prices in the most desirable submarkets in the region. Fewer new homes are available under the $200,000 price point. Affordability for the entry-level and first-time buyer is constrained by the significant rise in median price. The most dramatic jump in price occurred in NWNC Dallas, the fifth top selling submarket, where the median price has risen 86% from 2011 to 2014, reaching a 2014 median of $913,200 for new homes.

Using data provided by Metrostudy, here is a look at the change in median price over the past three years in the top 10 submarkets for new homes in Dallas.

 1. N Fort Worth

2011 Median Price: $173,000
2014 Median Price: $212,500
Change in Median Price: $39,500
Percent Change: 23%

2. Frisco

2011 Median Price: $306,200
2014 Median Price: $438,000
Change in Median Price: $131,800
Percent Change: 43%

3. McKinney

2011 Median Price: $223,000
2014 Median Price: $303,000
Change in Median Price: $80,000
Percent Change: 36%

4. Denton County

2011 Median Price: $199,200
2014 Median Price: $209,200
Change in Median Price: $10,000
Percent Change: 5%

5. NWNC Dallas

2011 Median Price: $491,300
2014 Median Price: $913,200
Change in Median Price: $421,900
Percent Change: 86%

6. Denton

2011 Median Price: $188,300
2014 Median Price: $224,000
Change in Median Price: $25,700
Percent Change: 19%

7. Prosper

2011 Median Price: $338,500
2014 Median Price: $392,500
Change in Median Price: $54,000
Percent Change: 16%

8. Allen

2011 Median Price: $385,800
2014 Median Price: $451,600
Change in Median Price: $65,800
Percent Change: 17%

9. Irving

2011 Median Price: $313,400
2014 Median Price: $428,300
Change in Median Price: $114,900
Percent Change: 37%

10. SW Forth Worth

2011 Median Price: $143,600
2014 Median Price: $191,700
Change in Median Price: $48,100
Percent Change: 33%

Learn more about markets featured in this article: Dallas, TX.