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

Sales were off by 11% in the Carrollton/Farmers Branch area in December compared to last December. However, Pending sales were up 8% so it looks like there was some delay in some closings. The average sales price  was flat but the median sales price increased 5%.  New listings rose 28 but the active listings declined 19%. The months of inventory dropped to 0.9 months. Not good news if you are a buyer.

Sales: 159

Average Sales Price: $295,667

Median Sales Price: $270,000

Pending Sales: 116

New Listings: 115

Active Listings: 137

Months of Inventory: 0.9

Information provided by The Real Estate Center