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

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

December was a good months for home sales in the Lake Highlands area. Sales were up 23%. The average sales price climbed 18% while the median sales price rose 9%. Pending sales were flat so we will have to wait and see what January brings in the way of sales. The number of new listings declined 41% taking the active listings down 8%. The months of inventory dropped to 1.5 months, Not good news if you are a buyer.

Sales: 65

Average Sales Price: $409,115

Median Sales Price: 367,450

Pending Sales: 44

New Listings: 35

Active Listings: 98

Months of Inventory: 1.5

Information provided by The Real Estate Center

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