Dallas Area Residential Sales Report for May – Garland TX

Well buyers were out in full force in the Garland area in may. homes sales jumped 44% and pending sales rose 20%. the average sales price increased 1% while the median sales price climbed 2%. We saw a 5% rise in the number of new listings and the active listings were 35% higher than last May. The months of inventory remains very low at 1.7 months.

Sales: 233

Average Sales Price: $231,680

Median Sales Price: $219,900

Pending Sales: 223

New Listings: 252

Active Listings:  300

Months of Inventory: 1.7

Information provided by The Real Estate Center

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