Sales remain strong
Single-Family:
Sales were up 16% as compared to last May. The average sales price increased by 1% while the median sales price rose 5%. The averages continue to be concentrated in the upper price ranges. Pending Sales jumped by 22%. Looks like next months sales will be up. The number of new listings fell 23% and the active listings declined by 6%. This left the months of inventory standing at 1.9 months.
Sales: 142
Average Sales Price: $478,477
Median Sales Price: $396,750
Pending Sales: 122
New Listings: 122
Active Listings: 176
Months of Inventory: 1.9
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Information provided by The Real Estate Center at Texas A&M.
Marie Sells Dallas 