Single-Family:

Sales were down 9% in Carrollton/Farmers Branch in July. not as bad as some areas. The average sales price rose 9% while the median sales price climbed 7%. Pending sales fell 11% so we can anticipate the August will also be a down month. The number of new listings declined 18% but the active listings rose 8%. The months of inventory now stands at 2.1 months. That’s still very much tilted to the Seller’s side.

Sales: 360

Average Sales Price: $367,037

Median Sales Price: $320,000

Pending Sales: 371

New Listings: 490

Active Listings: 623

Months of Inventory: 2.1

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