Dallas Area Residential Sales Report for June – Plano TX

A lot of negative numbers in this report! Homes sales fell 7% in June as compares to last June. Pending sales were the exception up 3%. The average sales price declined 5% while the median sales price dropped 4%. The number of new listings came in 17% lower. Active listings fell 1%. The months of inventory is now at 3.3 months. this is a little more than half way to a balanced market.
Sales: 365
Average Sales Price: $413,020
Median Sales Price: $358,950
Pending Sales: 344
New Listings: 224
Active Listings: 874
Months of Inventory: 3.3
Information provided by the Real Estate Center
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