Sales were up. It’s still a Seller’s Market!
Single-Family:
Sales were up by 10% as compared to a year ago. The average sales price rose by 8% while the median sales price jumped 14%. I know this sounds like a broken record but the sales continue to be concentrated in the upper price ranges. Pending Sales were up a slight 2%. There was a 4% increase in the number of new listings and the active listings climber by 29%. But the months of inventory only increased to 1.8 months. Still a very short supply!
Sales: 79
Average Sales Price: $394,410
Median Sales Price: $395,000
Pending Sales: 85
New Listings: 98
Active Listings: 275
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.
Marie Sells Dallas 