Far North Dallas Residential Sales Report for October

Far North Dallas Residential Sales Report for October

After being down in September sales in Far north Dallas came roaring back in October and were up 22%. The average sales price rose 15% as compared to last October and the median sales price increased 10%. Pending sales were down 16%. They were down last month too but that didn’t turn out to mean anything so I’m not sure what November will bring. The number of new listings fell 3% while the active listings were flat. The months of inventory took a small decline to 2.6 months.

Sales: 93

Average Sales Price: $490,021

Median Sales Price: $421,500

Pending Sales: 82

New Listings: 109

Active Listings: 242

Months of Inventory: 2.6

Information provided by The Real Estate Center

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