Single-Family:

Sales were off by 19% for the month of June as compared to the same time last year. Sales were down because buyers can not find homes to purchase due to the extremely low inventory. The average sales price rose 4% and the median sales price was up by 9%. Pending sales increased 1%. The number of new listings dropped 14% and the active listings were flat. The months of inventory now stands at 1.3 month. The Carrollton/Farmers Branch area is in high demand and has one of the lowest supplies of home in the area.

Sales: 176

Average Sales Price: $293,222

Median Sales Price: $259,000

Pending Sales: 185

New Listings: 219

Active Listings: 201

Months of Inventory: 1.3

Information provided by The Real Estata Center at Texas A&M