Far North Dallas Residential Sales Report for January

Sales were down but pending sales were up.


Sales were off by 9% in January. However,pending sales were up by 11%. It’s really a wash.

The average sales price  jumped 22% while the median sales price climber 9%. Sales are concentrated in the upper price ranges and this months there were several large sales that effected the average sales price. We did see a nice increase of 10% in the new listings and this caused the active listings to rise by 22%. The months of inventory increased to 1.8 months which is still not very much supply.

Sales: 58

Average Sales Price: $459,319

Median Sales Price: $372,500

Pending Sales: 72

New Listings: 100

Active Listings: 175

Months of Inventory: 1.8

If you live in the Dallas area and would like a personalized Comparative Market Analysis (CMA) on your home delivered to your email in just a few minutes, then click the link below to take advantage of this offer.

Information provided by The Real Estate Center at Texas A&M.


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