Dallas Area Residential Sales Report for December – Prosper TX

Prosper is one of the few northers suburbs to have positive home sales numbers in December. Sales were up 14%.  The average sales price  rose 8% while the median sales price climbed 7%. Pending sales showed a nice 18% increase.  The number of new listings fell 14% but the active listings rose 30% as compared to last December. The months of inventory  now stands at 5.3 months. This is very close to the 6 months considered a balanced market.

Sales: 92

Average Sales Price: $507, 196

Median Sales Price: $475,000

Pending Sales: 58

New Listings: 75

Active Listings: 432

Months of Inventory: 5.3

Information provided by The Real Estate Center

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