Far North Dallas Residential Sales Report for November

Sales Fell

There was a 16% decline in sales in Far North Dallas in November as compared to the same time last year. The average sales price fell 2% while the median sales price was flat. Pending sales also experienced a decline down 11%. Don’t think we can read anything into these numbers at this time. The number of new listings dropped 7%. Active listings came in with a no change reading. The months of inventory now stands at 2.3 months. No help for buyers here.

Sales: 85

Average Sales Price: $480,111

Median Sales Price: $400,000

Pending Sales: 74

New Listings: 86

Active Listings: 211

Months of Inventory: 2.3

Information provided by The Real Estate Center