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

Buyers are still liking the Carrollton/Farmers Branch area! Home sales rose 7% in august compared to last August. Pending saless were 2% higher. The average sales price eked out a 1% rise while the median sales price was flat. New listingscame in up 6%. The number of active listings increased 9% but this did not help the months of inventory which is now at 2 months. that’s really not much of a supply.
Sales: 186
Average Sales Price: $337,484
Median Sales Price: $295,000
Pending Sales: 173
New Listings: 215
Active Listings: 312
Months of Inventory: 2
Information provided by The Real Estate Center
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