Dallas Area Residential Sales Report for November – Carrollton/Farmers Branch

Dallas Area Residential Sales Report for November – Carrollton/Farmers Branch

The Carrollton, Farmers Branch area experienced a 15% drop in sales as compared to last November. Pending sales were not nearly as bad only off 1%. The average sales price  declined 3% while the median sales price rose 7%. That’s causes by the distribution of sales skewed to the upper price ranges. The number of new listings increased 37% while the active  appeared to go nuts jumping 89%. Remember this is a comparison to last November when listings were very, very low. Looking at the months of inventory which now stands at 2 months we can see that homes to purchase are still in short supply.

Sales: 129

Average Sales Price: $305,482

Median Sales Price: $286,500

Pending Sales: 144

New Listings:  174

Active Listings: 287

Months of Inventory: 2

Information provided by the Real Estate Center

#mariesellsdallas #CarrolltonHomes #FarmersBranchhomes #RealEstate

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