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

Well sales took a hit in March. Down 19%. Pending sales were not that much better declining 10%. April is not shaping up to be a positive month for sales. The average sales price rose 2% while the median sales price climbed 5%. The number of new listings fell 9%. Active listings were up 10%. The months of inventory now stands at 1.2 months. It’s a sellers market with buyers having a tough time finding a home to buy.

Sales: 135

Average Sales Price: $324,555

Median Sales Price: $298,450

Pending Sales: 111

New Listings: 215

Active Listings: 191

Months of Inventory: 1.2

Information provided by The Real Estate Center

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