Dallas Area Residential sales Report for September – Richardson TX

Dallas Area Residential sales Report for September – Richardson TX

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Home buyers really liked the Richardson area in September! Sales were up a whopping 28% as compared to last September. Pending sales did not do as well but showed a nice 5% gain. The average sales price increased 3% while the median sales price jumped 7%. Looks like buyers were going after the higher priced properties.  New listings rose 3%. The number of active listings was 17% higher than this time last year.  Months of inventory is now at 2.5 months. 6 months id considered a balanced market.

Sales: 109

Average Sales Price: $332,730

Median Sales Price: 320,000

Pending Sales: 92

New Listings: 126

Active Listings: 249

Months of Inventory: 2.5

Information provided by The Real Estate Center

#RichardsonHomes #realestate

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