Dallas Area Residential Sales Report for August – Richardson, TX

Sales slowed in Richardson during august as compared to the same time last year. Down 11%. Pending sales also declined falling 10%. Not good for September sales numbers. The average sales price was up by 1% as was the median sales price. Think you could call that just about flat. The number of new listings increased 3%. The active listings took a 28% jump. But to put this in perspective, the months of inventory only increased to 2.2 months. This is well short of the 6 months considered a balanced market. There are still buyers out there, but the house better be priced correctly!

Sales: 111

Average Sales Price: $315,725

Median Sales Price: $290,000

Pending Sales: 97

te New Listings: 163

Active Listings: 208

Months of Inventory: 2.2

Information provided by The Real Estate Center

#mariesellsdallas #RichardsonTX #realestate #homesforsale #realestatebroker