Dallas Area Residential Sales Report for January – Lake Highlands/NE Dallas
Sales in January in the Lake highlands area were up 14%. The average sales price rose 14% while the median sales price jumped 22%. These large increases are caused by gyrations in the makeup of the sales compared to last January. Pending sales fell 12%. That does not bode well for February. The number of new listings declined 9%. The active listings were up 5%. The months of inventory remains just about flat at 1.4 months. This area is very much leaning to the sellers side.
Sales: 41
Average Sales Price: $407,854
Median Sales Price: $390,000
Pending Sales: 50
New Listings: 53
Active Listings: 96
Months of Inventory: 1.4
Information provided by The Real Estate Center
Marie Sells Dallas 