Dallas Area Residential Sales Report for November – Richardson TX

 Dallas Area Residential Sales Report for November – Richardson TX

Sales were down a slight 3% in Richardson in November as compared to last year at this time. The average sales price climber 19% while the median sales price rose 15%. Pending sales were also down by 5%. The number of new listings jumped up 26% and the active listings shot up 46%. While these numbers sound good if you are a buyer, they just reflect how low inventories were last November. The current months of inventory is 1.3 months. Not much help on the buy side.

Sales: 92

Average Sales Price: $329,353

Median Sales Price: $297,500

Pending Sales: 77

New Listings: 98

Active Listings: 126

Months of Inventory: 1.3

Information provided by The Real Estate Center

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