Dallas Area Residential Sales Report for March – Prosper TX

Prosper fared better than some of her neighbors with home sales up 20%. Pending sales were even better rising 27%. Looks like April will be a positive sales month. The average sales price did decline 1% and the median sales price fell 3%. New Listings increased 17% while the active listings were up 205 compared to last March. The months of inventory now indicated a balances market at a 6 months supply.

Sales: 96

Average Sales Price: $505,342

Median sales Price: $465,000

Pending sales: 117

New Listings: 189

Active Listings: 487

Months of inventory: 6

Information provided by the Real Estate Center

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