Lake Highlands/NE Dallas Residential Sales Report for June

Lake Highlands/NE Dallas Residential Sales Report for June

June was a good month.

June sales were up 20% compared to a year ago. The average sales price rose 4% while the median sales price increased 6%. Pending sales continued the positive trend up 14%. We did see nice increase in the number of new listings which climbed by 18%. The active listings increased 14%. This took the months of inventory up to 2.5 months. with 6 months being considered a balanced market, we are very tilted to the sellers side of the equation.

Sales: 91

Average Sales Price: $449,400

Median Sales Price: $370,000

Pending Sales: 84

New Listings: 118

Active Listings: 155

Months of Inventory: 2.5

Information provided by The Real Estate Center.

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