Carrollton/Farmers Branch Residential Sales Report for September

Carrollton/Farmers Branch Residential Sales Report for September

Sales were off

As in other northern suburbs sales  in the Carrollton/Farmers Branch area were down in September. Off 19%. The average sales price was flat but the median sales price increased 7%. Pending sales also took a nose dive down 16%. Looks like October sales will probably be down. The number of new listings declined 8% while the active listings rose 1%. The months of inventory now stands at 1.3 months. This is a very short supply and buyers are in a real bind trying to find a home.

Sales: 166

Average Sales Price: $288,600

Median Sales Price: $260,000

Pending Sales: 150

New Listings: 177

Active Listings: 215

Months of Inventory: 1.3

Information provided by The Real Estate Center

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