Dallas Area Residential Sales Report for November – Far North Dallas

Sales in November were down 10% as compared to last November. however, pending sales came in up 11%. The average sales price rose 8% and the median sales price climbed 6%. There was a large increase of 22% in the new listings puling the active listings up 23%. Months of inventory increased to 3.1 months. this is still well short of the 6  months considered a balanced market.

Sales: 69

Average Sales Price: $516,251

Median Sales Price: $425,000

Pending Sales: 82

New Listings: 105

Active Listings: 259

Months of Inventory: 3.1

Information provided by The Real Estate Center

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