Dallas Area Residential Sales Report for August – Garland TX

Dallas Area Residential Sales Report for August – Garland TX

Sales hilt up much better in Garland that in most other areas in August. Only off by 1%. Pending sales were up by 3%. The average sales price increased 10% while the median sales price climbed 11%. The number of new listings grew 8%. The active listings jumped 27% but you must remember that this number is a comparison to last August when active listings were extremely low. The months of inventory sits at 1.9 months. 6 months is considered a balanced market so Garland is a sellers market!

Sales: 199

Average Sales Price: $232,009

Median Sales Price: $212,000

Pending Sales: 211

New Listings: 253

Active Listings: 292

Months of Inventory: 1.9

Information provided by The Real Estate Center

#mariesellsdallas #Garlandhomes #Garlandrealestate #Garlandrealestateagent #ebbyplano

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.