Dallas Area Residential Sales Report for November – Lake Highlands/NE Dallas

Dallas Area Residential Sales Report -For November – Lake Highlands/NE Dallas

Sales were up 35% as compared to last November. Sales prices moderated with the average sales price off by 8% while the median sales price fell 6%.  Just some gyration in the makeup of the sales. Pending sales dropped 19%. Not sure what this bodes for next month. The new listings declined 29% while the active listings rose 13%. The months of inventory is now 2 months. A very short supply.

Sales: 78

Average Sales Price: $394,296

Median Sales Price: $385,600

Pending Sales: 46

New Listings: 49

Active Listings: 135

Months of Inventory: 2

Information provided by The Real Estate Center

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