Dallas Area Residential Sales Report for December – Richardson TX

Dallas Area Residential Sales Report for December – Richardson TX

Richardson had positive sales numbers in December up 8%. Pending sales rose 3%. The average sales price fell 2% as did the median sales price. Looks like buyers were able to find properties at the right price. The number of new listings climbed 11% while the active listings jumped 42% as compared to last December. The increase in homes on the market really did not effect the months of inventory very much only raising it to 1.6 months. That’s a very short supply!

Sales: 100

Average Sales Price: $310,966

Median Sales Price: $283,000

Pending Sales: 69

New Listings: 71

Active Listings: 270

Months of Inventory: 1.6

Information provided by The Real Estate Center

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