Dallas Area Residential Sales Report for February – Prosper TX

Dallas Area Residential Sales Report for February – Prosper TX

The norther Dallas suburbs did not fair well for homes sales in February and Prosper was no exception. Homes sales fell 21%. Pending sales were even worse off 24%. The average sales price did eked out a 4% increase but the median sales price declined 4%. Kind of a wash. New listings dropped 9%. Active listings came in up 28% as homes remain on the market longer. The months of inventory hit 5.6 months, Getting very close to the 6 months considered a balanced market.

Sales: 38

Average Sales Price: $473,639

Median Sales Price: 431,450

Pending Sales: 63

New Listings: 125

Active Listings: 450

Months of Inventory: 5.6

Information provided by the Real Estate Center

#mariesellsdallas #ProsperTX #ProsperHomes #realestate #ProsperRealEstateAgent

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.