Dallas Area Residential Sales Report for July – Richardson TX

Dallas Area Residential Sales Report for July – Richardson TX

Sales retreated in July down 7%. More troubling is the pending sales number. Pending sales fell 14%. Not good for a positive sales number in August. The average sales price did increase 7% while the median sales price jumped 12%. Some more inventory did come on the market with a 6% rise in new listings.  The active listings climbed 55% but this only took the months of inventory to 2 months. with 6 months considered a balanced market Richardson is well over to the sellers side.

Sales: 100

Average Sales Price: $323,884

Median Sales Price: $305,000

Pending Sales: 102

New Listings: 145

Active Listings: 192

Months of Inventory: 2

Information provided by The Real Estate Center

#mariesellsdallas #RichardsonTX #realestate #homesforsale

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.