Dallas Area Residential Sales Report for October – Garland TX

Dallas Area Residential Sales Report for October – Garland TX

Well, sales were flat in the Garland area in October as compared to last October. Unfortunately, pending sales declined 18% so November is not looking good. The average sales price increased 3% while the medians sales price rose 2%. The number of new listings climbed 3%. Active listings jumped 42%. This is a misleading number because last year listings were extremely low. The months of inventory gives a much better picture of supply. It now stands at 1.9 months.

Sales: 169

Average Sales Price: $213,041

Median Sales Price: $198,500

Pending Sales: 163

New Listings: 231

Active Listings: 329

Months of Inventory: 1.9

#mariesellsdallas #Garland #Garlandhomes #GarlandRealEstateAgent

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