Dallas Area Residential Sales Report for August – Far North Dallas

Sales took a pounding in August in the Far North Dallas Market. Down 31% as compared to last August. Pending sales were not a bad only off by 4%. The average sale price increased 14% while the median sales price was up 12%. New listings increased 14% while the active listings climbed 35%. The months of inventory now stands at 3.7 months. We are still slanted to the sellers side.

Sales: 76

Average Sales Price: $564,681

Median Sales Price: $459,520

Pending Sales: 82

New Listings: 139

Active Listings: 315

Months of Inventory: 3.7

Information provided by The Real Estate Center.

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