Garland TX Residential Sales Report for October

Garland TX Residential Sales Report for October

Garland sales were strong!

October was a good months for home sales in Garland. Sales were up 28%. The average sales price increased 13% as did the median sales price: Pending sales came in with a nice rise of 9%. New listings increased 11% while the active listings jumped 41% as compared to last October.  The months of inventory now stands at 1.3 months, Not a good number if you are a buyer.. We can safely say that Garland is firmly in a Seller’s Market!

Sales:180

Average Sales Price: $207,988

Median Sales Price: $195,000

Pending Sales: 198

New Listings: 210

Active Listings: 231

Months of Inventory: 1.3

Information provided by The Real Estate Center

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s