Far North Dallas Residential Sales Report for February

Far North Dallas Residential Sales Report for February

Sales fell 14% in February as compared to last year. I would not read anything into this number because pending sales were up 12% so it just looks like some gyration in the market. The average sales price climber 20% while the median sales price rose 5%. The number of new listings rose 5% but the active listings declined 15%. This dropped the months of inventory to 1.6 months.

Sales: 62

Average Sales Price: $470,196

Median Sales Price: $411,250

Pending Sales: 95

New Listings: 103

Active Listings: 146

Months of Inventory: 1.6

Information provided by The Real Estate Center

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s