Dallas Area Residential Sales Report for November – Carrollton/Farmers Branch

Dallas Area Residential Sales Report for November – Carrollton/Farmers Branch

Carrollton/Farmers Branch was one of the areas that saw a drop off in Sales in November. SAles fell 8%. The average sales price increased 14% while the median sales price came in with a 5% gain. Pending sales, which are a predictor of future sales, fell 11%. Looks like December may be a down months. The number of new listings fell off a cliff down 21% while the active listings came in down 12%. This brought the months of inventory down to 1 month. Not great news if you are a buyer.

Sales: 159

Average Sales Price: $317,648

Median Sales Price: $272,500

Pending Sales: 146

New Listings: 127

Active Listings: 152

Months of Inventory: 1

Information provided by The Real Estate Center

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