North Dallas Residential Sales Report for June
Sales were booming in North Dallas!
WOW! A 56% jump in sales in June was fueled by the purchase of a large number of properties over $1,000,000. The average sales price took a leap of 13% while the median sales price was up a whopping 31%. Pending sales were up a modest 3%. The number of new listings fell 3% but the active listings were up 3%. The months of inventory dropped to 6.1 months, Really a balanced market.
Average Sales Price: $1,173,785
Median Sales Price: $1,046,250
Pending Sales: 69
New Listings: 117
Active Listings: 375
Months of Inventory: 6.1
Information provided by The Real Estate Center