Far North Dallas Single-Family Sales Report for April

Sales were strong in April up 18%. The average sales price increased 2% and the median sales price was also up 2%.  Pending sales rose 4% The number of new listings fell 1% while the active listings rose 1%. This left the months of inventory at 2 months. The supply available to buyers remains very short of the 6 months considered a balanced market.

Sales: 112

Average sales price: $501,333

Median Sales Price: $435,000

Pending sales: 141

New Listings: 161

Active Listings: 191

Months of Inventory: 2

Information provided by The Real estate Center