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

Well it looks like all the buyers were in this area in March. Home sales were 33% higher than last March! Pending sales rose 17% so April is shaping up well. The average sales price increased 3% and the median sales price came in up 1%. New listings saw a 75 increase. Active listings jumped 47% but you must remember inventories last year were very low. The months of inventory is only 1.9 months.

Sales: 169

Average Sales Price: $337,511

Median Sales Price: $300,000

Pending Sales: 196

New Listings: 230

Active Listings: 280

Months of Inventory: 1.9

Information provided by The Real Estate Center

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